Ghana's No1 Agric News Portal
Thursday, March 30, 2023
  • About Us
  • Advertise With Us
  • Contact Us
  • News
  • Farmers’ Stories
  • Business
    • Events
    • Opportunities
  • Africa/World
  • Agri-Produce
    • Crops
    • Livestock
    • Wildlife
    • Aquaculture
  • More
    • Climate Change
    • Press Releases
    • Video
No Result
View All Result
  • News
  • Farmers’ Stories
  • Business
    • Events
    • Opportunities
  • Africa/World
  • Agri-Produce
    • Crops
    • Livestock
    • Wildlife
    • Aquaculture
  • More
    • Climate Change
    • Press Releases
    • Video
No Result
View All Result
No Result
View All Result
Home Business Finance

Network of farmers to receive support from 4 major corporate donors

January 25, 2020
in Finance
0 0
107
Network of farmers to receive support from 4 major corporate donors
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter

By News Desk

Four major international sponsors of agribusiness are at various stages of supporting B-BOVID’s network of farmers to modernize their business operations.

This is a strategic boost to the all-inclusive, climate-smart, social business model B-BOVID has introduced into the country over the past ten years.

In 2018, the Moringa Impact Fund, initiated by the Edmond de Rothschild Group and ONF International, an international subsidiary of the French Office National des Forêts (ONF) invested five Million USD dollars into the company’s unique out-grower based palm oil polyculture model to expand production capacity to meet growing local and regional demand for sustainable and traceable palm oil products, while improving livelihood of the out-growers.

Subsequently, other international donors have taken advantage of B-BOVID’S unique business model and improving prospects to inject various sums of donor funds into the company.

Agroforestry Technical Assistance Facility (ATAF) is helping to structure and manage B-BOVID’s out-grower network to reach full traceability from farm to the mill.

The support will also leverage on digital technology to improve fruit collection, production efficiency, transparency in pricing and developing a sustainable agroforestry farm model to disseminate efficient farm management practices among farmers.

B-BOVID has also signed an MOU with Solidaridad Network West Africa to build a comprehensive farmers’ database, farmers’ profile, digital mapping and to manage Rural Service Centers (RSC’s) in each of its six operational centers as a means of providing support services to oil palm smallholder farmers.

AVRIL Foundation, on its part, is supporting B-BOVID to study and identify market opportunities for farm diversification, while AgDevCo-SDU (Smallholder Development Unit) is helping B-BOVID and its farmers to get RSPO certification.

This will assure customers that the standard of palm oil production is sustainable. The company already receives technical support from GIZ/CIM in its multi-faceted agribusiness operations.

In a statement, the Chief Executive Officer of B-BOVID, Issa Ouedraogo, said although Africa still has huge fertile lands, abundance of water and a dynamic youth population, about 63% of the farming population is illiterate, a major deficit to modern agricultural practice.

Reacting to the latest development within the organization, Mr. Ouedraogo said Agriculture in Africa is a trillion dollar business, and is indeed, the future of Africa. However, he said Africa remains trapped in out-dated approach to value creation which has immensely limited the continent’s potential.

“We must prepare to tap into this global opportunity in order to come out of this vicious circle of poverty. There is an urgent need to expand access to secondary and tertiary education, build capacity and promote entrepreneurship among the youth, and reduce migration to towns and other countries for greener pastures. We need to engage development partners, donors, corporate bodies, chiefs, foundations, universities, entrepreneurs, to work together hand in hand to build a solid foundation for a truly sustainable economic development and growth,” he said.

Mr. Ouedraogo called for a comprehensive national agenda that goes beyond party lines and which takes care of emerging climate and environmental issues, food security, with a mechanism that monitors and eliminates greedy, corrupt and incompetent officials from all levels of the food chain.

He said the Ghana Beyond Aid agenda will be possible with a well-planned, carefully nurtured and developed Agricultural sector that has the capacity for youth empowerment and job creation.

ABOUT B-BOVID
B-BOVID- Building Business on Values, Integrity and Dignity, is a private agro-business in the agricultural value chain operating in the palm oil and vegetables

sector.
B-BOVID promotes sound agricultural practices and ecological farming, and offers training to farmers on variety of improved agricultural methods.

It also organizes community outreach programmes to encourage small holder farmers to adopt modern technology, promotes healthy lifestyles and nutrition, and educates farming communities on the impact of climate change and land degradation.

AWARDS AND RECOGNITIONS
The company’s CEO has won several awards, while his model has caught the attention of relevant global organizations like the World Bank and the UN, after he won the UN’s Social Investment Pioneer Award along with nine other businesses from around the world in 2012.

In 2013 and 2017, he was for named as the Best Farmer in the Western Region, while in 2016, he was crowned as the Chamber Businessman of the year 2016, at maiden Chamber Business Awards by the Chamber of Commerce and Industry Awards and decorated by President Akufo-Addo.

Tags: Agribusiness FirmB-BOVIDChief Executive Officer of B-BOVIDEdmond de Rothschild GroupFrench Office National des Forêts (ONF)Issa OuedraogoMoringa Impact FundONF InternationalReceive Support
Please login to join discussion
  • Trending
  • Comments
  • Latest
I never used chemical fertilisers but I excelled – 2017 2nd National best farmer

Farming is the most Lucrative job – CEO of Okata Farms

June 6, 2020
Sugarcane farmers seek Gov’t support ahead of Sugar Factory reopening

Sugarcane farmers seek Gov’t support ahead of Sugar Factory reopening

June 12, 2020
The 2021 Livestock, Poultry, and Fisheries (LiPF) training trade show launched.

The 2021 Livestock, Poultry, and Fisheries (LiPF) training trade show launched.

March 6, 2021
2020 National Farmers’ Day Launched

2020 National Farmers’ Day Launched

September 29, 2020
The 2021 Livestock, Poultry, and Fisheries (LiPF) training trade show launched.

The 2021 Livestock, Poultry, and Fisheries (LiPF) training trade show launched.

12637
Resurgence of ‘fall armyworms’ – Farmers warned

Resurgence of ‘fall armyworms’ – Farmers warned

4425
New Agro Intervention Project Launched to Alleviate Poverty – Kintampo

New Agro Intervention Project Launched to Alleviate Poverty – Kintampo

3503
2020 National Farmers’ Day Launched

2020 National Farmers’ Day Launched

2587
One Country One Priority Product advances in Africa

One Country One Priority Product advances in Africa

March 27, 2023
Government to compensate 138 poultry farmers affected by Avian Influenza

More poultry farms in Dormaa Municipality collapsing due to shortage of feed.

March 26, 2023
Germany supports FAO to improve access to food in Eastern Africa

Germany supports FAO to improve access to food in Eastern Africa

March 24, 2023
Nine agribusiness ideas to consider in Africa in 2023

22% of global greenhouse gas emissions come from agriculture, forestry, and land use -FAO report

March 22, 2023
Agri Ghana Online

Agrighanaonline.com is your most authentic agricultural website. We bring you all agricultural news and information from Ghana and across the world.

  • News
  • Farmers’ Stories
  • Business
  • Africa/World
  • Agri-Produce
  • More

© 2020 Agri Ghana Online -Developed By Marvbel Koncepts.

No Result
View All Result
  • News
  • Farmers’ Stories
  • Business
    • Events
    • Opportunities
  • Africa/World
  • Agri-Produce
    • Crops
    • Livestock
    • Wildlife
    • Aquaculture
  • More
    • Climate Change
    • Press Releases
    • Video

© 2020 Agri Ghana Online -Developed By Marvbel Koncepts.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In