Agriculture as a business: Approaching agriculture as an investment opportunity

AKINWUMI ADESINA ON 19 FEBRUARY 2016 African smallholders are the private sector – the largest segment on the continent. By seeing agriculture as business, smallholders as customers and entrepreneurs, and companies as organisations that want smallholders as customers and suppliers, policymakers and investors can leverage the continent’s existing assets to catalyse economic transformation rather than trying to create it from whole cloth. I was recently appointed president of the African Development Bank. A development bank is not necessarily an intuitive concept; most banks don’t exist to serve explicitly social purposes. But what defines a bank is the way it conducts business, whatever that business may be. This is why I say I wear my banker hat, and not my development hat when I speak about agriculture. Agriculture is not a way of life. It is not a social sector or a development activity, despite what people may claim. Agriculture is a Read More

Empowering Youths in Poultry Farming

The Livestock Empowerment Model (LEM) is an initiative of Full Life Empowerment Programme (FLEP), in partnership with Children’s Mission Africa, Children’s Mission Sweden, and The Navigators Nigeria. The program which started since July 2019 has empowered over 40 youths in Akure and its environs with skills in Poultry Farming. The participants of the LEM project successfully undertook capacity building training in poultry farming, with a view to improving their socio-economic status, get a sustainable livelihood and as well as contribute their quota to the agricultural development and food production in their communities. The empowerment program had a poultry storeroom, stocked with more than a 100 day-old chicks, bags of poultry feed and other materials needed to raise the birds ready to be distributed to participants. Each participant received 50 birds and bags of feeds as a startup for their poultry farm. One of the participants, Rashidat Alimi who is an Read More