Sunday, 17 June 2018

AfDB EXPLAINS HOW REPOSITIONING CASSAVA SECTOR CAN SAVE $1.2B FOR AFRICAN CONTINENT



If the Cassava sector is properly repositioned, it is capable of saving the African continent about $1.2b, which can be redirected into the continent’s domestic economies. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Director for Agriculture, African Development Bank (AfDB), Dr. Martin Fregene, disclosed this at the just concluded fourth International conference on cassava, organised by the Global Cassava Partnerships for the 21st Century (GCP21), in Cotonou, Republic of Benin.

To achieve this, the AfDB promised to invest $120m in the next two to three years to boost productivity and transform cassava and eight other commodities in the continent. The other commodities include:  rice, maize, sorghum/millet, wheat, livestock, aquaculture, high iron beans, and orange-fleshed sweet potatoes.

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Dr. Fregene said, “Transforming cassava on the African continent would help African nations to cut imports and redirect about $1.2bn into African domestic economies.”

The conference was attended by more than 450 local and international partners in the cassava sector, coming from research and development organisations, government, farming community, and the private sector. AfDB’s investment in cassava comes at a time when African governments are scaling up efforts to end food imports and create wealth.

Dr. Fregene said cassava was a strategic crop for Africa’s food security and wealth creation for youth, and women, adding, “Another dimension to the importance of cassava is in nutrition where cassava can enhance the nutrition of children directly or as feed for poultry and other livestock.” http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html With the largest volume of cassava coming from Africa, cassava supports more than 350 million people in Africa.

The Minister of Agriculture, Republic of Benin, Dr. Gaston Dossouhoui, said cassava remained the cheapest staple consumed by Africans, adding that “Addressing the constraints of cassava production will have a positive impact on African farmers.” He lauded President of the AfDB, Dr. Akin Adesina, for his commitment of investing in agriculture and cassava, in particular.
Deputy Director General for Partnerships for Delivery, International Institute of Tropical Agriculture (IITA), Dr. Kenton Dashiell, said unlocking the potential of cassava required partnerships and close collaboration of partners to address the constraints facing cassava. (Guardian)

Have you heard this? Many Nigerian exporters have been defrauded of huge amount of money in the process of exporting commodities to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, why don’t you get a practical manual that teaches the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers. It teaches export operations, export management, export documentations and methods of payment in export trade? It is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:

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