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Nestlé partners with Africa Food Prize to strengthen food security and climate change resilience

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Nestlé announced today that it is partnering with the Africa Food Prize to help accelerate the transformation of food systems in Africa, as a way of strengthening the continent’s food security and building greater climate change resilience.

The Africa Food Prize awards USD 100,000 to individuals and institutions that are pioneering agricultural and food systems transformation in Africa.

The Prize puts a spotlight on uniquely impactful agri-food initiatives and technological innovations that can be replicated across the continent to increase food security, spur economic growth and development, and eliminate hunger and poverty in Africa.

The Africa Food Prize is hosted by AGRA, an African-led and Africa-based institution that puts smallholder farmers at the center of the continent’s growing economy by transforming agriculture from a solitary struggle to survive into farming as a business that thrives. AGRA is headquartered in Kenya and works in 15 African countries.

This year, Dr. Eric Yirenkyi Danquah, a plant geneticist from Ghana, was awarded the prestigious prize during September’s AGRF Summit in Kigali, Rwanda. Dr. Danquah was celebrated for his outstanding expertise and leadership in establishing the West Africa Centre for Crop Improvement (WACCI) and developing it into a world-class center for the education of plant breeders in Africa.

Nestlé will contribute CHF 100,000 to the Africa Food Prize, which will be awarded in 2023. Part of the contribution will go to the main award and part to a special category focusing on innovations that advance regenerative food systems.

Remy Ejel, Chief Executive Officer of Zone Asia, Oceania and Africa, Nestlé S.A. said, “Transforming agriculture to be more productive and sustainable is key to reducing hunger and improving livelihoods for the long term.

We aim to support and amplify efforts that spearhead regenerative agriculture and food systems to enable better productivity, better nutrition and better incomes for people in Africa.”

Commenting on the partnership, Dr Agnes Kalibata, President of AGRA said, “We are happy to be partnering with Nestlé to recognize Africa’s best in food systems.

The Africa Food Prize is a great opportunity to shine a bright spotlight on Africa’s outstanding minds, giving the rest of us a chance to learn and replicate their good work that is moving us closer to sustainable, inclusive and resilient food systems and achieving the United Nations Sustainable Development Goals 2 on Zero Hunger.”

Nestlé’s partnership with the Africa Food Prize builds on its years-long work in Africa to improve the continent’s nutrition and agriculture.

The company has taken great strides to expand access to affordable nutrition in many communities, for example, by fortifying Maggi bouillon cubes with iron in Central and West Africa. It is also pioneering regenerative dairy farming with the establishment of the first net zero dairy farm in Skimmelkran, South Africa.

In early 2022, Nestlé launched an innovative income accelerator program, aimed at addressing child labor risks and closing the living income gap for cocoa-farming communities in Côte d’Ivoire and Ghana.

Recently, Nestlé announced an investment of CHF 1 billion by 2030 under the Nescafé Plan to transition to sustainable coffee farming, including in Côte d’Ivoire.

Entries in the Africa Food Prize are evaluated by a judging committee comprising some of Africa’s greatest food system leaders. Winners are selected based on proven results and scalable efforts.

Submissions for next year’s Africa Food Prize will be open from January 2023 and winners will be announced at the AGRF, Africa Food Systems Forum, in September.

Click here for more information on the Africa Food Prize.

For Media Enquiries, contact:
Nestlé: Maxine Lim, Communications Manager, Zone Asia, Oceania and Africa
Maxine.Lim@nestle.com

Africa Food Prize: Boaz Keizire, Head of the Africa Food Prize Secretariat
BKeizire@agra.org

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Lagos Island Lawmaker, Afinni Picks Patient Surgery Bill

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Lagos Island Lawmaker, Afinni Picks Patient Surgery Bill

Ajagbe Adeyemi Teslim

sponsored by: H&H

“May you never experience such, May God be with you and your household, may you never fall sick, your enemies will never overcome you, These are the prayers from the heart of a resident of Lagos Island constituency ll, Mr. Abiola Shuab when favour falls on him during and aftermart of his successful surgery Operation been sponsored by Lagos Lawmaker, Hon. Lanre Afinni.

August24news.com gathered that Mr. Abiola Shuab was suffering from a premium Nasal Nose Blockage and as been placed under drugs and treatment before his doctor prescribed him for a Surgery Operation.

The surgery Operation was carried out successfully by a team of medical expert at the Ilorin General Hospital last Friday.

Upon reaching the Lawmaker for Financial support for the surgery, Hon. Lanre Afinni who represent the good people of Lagos Island Constituency ll at the Lagos State house of Assembly quickly reacted to the request and ask his Committee on Health to rally round Abiola and carry out all the necessary action claiming the bill should be credited on his account.

Commenting on the Goodwill done by Hon. Lanre Afinni is the Apex Leader of the All Progressive Congress (APC) in Lagos Island Constituency ll, Chief Babajide Damasio commended Affini for the prompt and good act describing him as a lawmaker of the people who is always at alert for the good gesture.

On his own Part Hon. Lanre Afinni who doubles as the Chairman house committee on Environment at the Lagos State House of Assembly told Our Correspondent that “health is wealth, “we remain committed to our constituents members healthcare, their health is Paramount to us and that is why we have to come to their aid when needed.

According to Afinni, When we came into Office in 2023, we inaugurated several committees to look into the needs of our consistency members in different capacity and appoint professional to head the team in various offices such as Education, Sport, Security, Empowerment, Job Creation and Health.

“On our Health Committee desk, we have been able to organize series of medical talks, we also help with medical bills of our constituency members, We have done 3 editions of the medical outreach program, which includes dentals and distributions of free eye glasses with over 2,000 Two thousand in every edition and the 4th edition will be held in December this year. Afinni Stated.

Mr. Abiola Shuab is an Higher National Diploma holder in Banking and Finance from the prestigious Ibadan Polytechnic, Oyo State and resident of Number 17 Ajanaku Street, Lagos Island East LCDA.

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GOCOP to Launch Book, raise Fund for Media Center

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GOCOP to Launch Book, raise Fund for Media Center

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Guild of Corporate Online Publishers (GOCOP) has announced the public presentation of its book, Nigeria Media Renaissance: GOCOP Perspectives on Online Publishing, on Tuesday, June 17th at Abuja Continental Hotel, at 10.00am.

According to a press statement by GOCOP Publicity Secretary, Ogbuefi Remmy Nweke, this highly anticipated event promises to be a significant milestone in the literary and publishing landscape.

He quoted GOCOP President, Ms Maureen Chigbo, to have said that the event will feature a Fundraiser for the N2.3 billion GOCOP MEDIA CENTRE, a multi-purpose resource centre comprising a secretariat, a 21st Century library and event halls, among others.

Chigbo further said that “this landmark publication chronicled the transformative journey of Nigeria’s media landscape, highlighting the pivotal role of online publishing in shaping public discourse, enhancing transparency and fostering national development.

“It is a testament to the resilience and innovation of Nigerian media practitioners in the digital age,” she said.

The event, she said, will bring together distinguished personalities from government, media, private sector, academia and civil society to reflect on the challenges and opportunities in online publishing and its critical role in nation-building.
GOCOP which currently has 120 members was established to ensure that online publishers uphold the tenets of journalism in doing their jobs. Its membership is a constellation of editors and senior journalists, whom, having distinguished themselves in their various stations in the print and electronic media, ventured into online publishing which is both the present and future of journalism globally.
The book aside tracing the historical trajectory of online journalism in Nigeria is also a veritable contribution towards enriching the discourse on civil liberties, press freedom and the role of the media in the sustenance of democracy, the statement added.

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Access Bank Secures DFIs’ USD 100 Million Facility led by German DEG for MSMEs and Gender Equality in Nigeria

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Access Bank Secures DFIs’ USD 100 Million Facility led by German DEG for MSMEs and Gender Equality in Nigeria

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Bank Plc has successfully closed a USD 100 million senior loan facility with a consortium of Development Finance Institutions (DFIs), led by the German DFI DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, and supported by FinDev Canada, Amsterdam-based asset manager ILX, as well as Austrian DFI OeEB, Oesterreichische Entwicklungsbank AG.

This significant financing will support privately-owned MSMEs, small corporates, and family-owned businesses across Nigeria, with a particular focus on promoting female entrepreneurship and economic empowerment.

At least 30 per cent of the facility will be dedicated to gender lens investing in the spirit of the 2X Challenge, ensuring that women-owned and women-managed businesses are prioritised. This initiative is crucial in Nigeria, Africa’s most populous country, where supporting women entrepreneurs and MSMEs can drive job creation and contribute to reducing inequality.

Roosevelt Ogbonna, Group Managing Director of Access Bank Plc, commented on the partnership, saying:

“At Access Bank, we remain steadfast in our commitment to driving economic transformation and fostering inclusive growth across all the countries we operate. This partnership not only strengthens our ongoing efforts to empower women in business but also reinforces our support for Nigeria’s MSME sector, which plays a pivotal role in the country’s economic development. Through strategic collaborations like this, we continue to enhance opportunities for underserved communities, and we look forward to building on this success to impact even more lives across Africa.”

This facility marks the fourth collaboration between DEG and Access Bank Group, but it is also the first time in their eight-year partnership that DEG’s has acted as the lead arranger. DEG’s investment in the deal amounts to USD 25 million, strengthening the long-term relationship between the two institutions.

Also, Roland Siller, CEO of DEG shared his thoughts on the partnership, stating that:

“This financing marks a major step in our ongoing commitment to supporting inclusive growth in Africa. By partnering with Access Bank, we are not just empowering women entrepreneurs and strengthening MSMEs but also investing in the future of Nigeria’s economy. This collaboration, which has blossomed over the last eight years, goes beyond just providing funding and speaks to our shared commitment in creating sustainable, long-term opportunities that foster job creation and innovation. At DEG, we are focused on helping businesses in developing and emerging markets thrive, offering not just financial support but also advisory services that help them scale and succeed. Our work with Access Bank is a clear example of how we can build stronger economies through impactful, sustainable investments.”

In 2024, Access Bank made significant social and environmental impact across the continent, touching millions of lives and earning multiple industry accolades. Through various corporate social investment initiatives in education, entrepreneurship, health, and the environment, the Group reached over 21 million individuals across Africa. Through its W-Initiative, the Bank disbursed loans to over a million women-led SMEs, advancing financial inclusion and gender empowerment.

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