FARA Extends Brazil-Africa Cooperation to Private Sector Driven Agribusiness Innovation Platform

PRESS RELEASE

FOR IMMEDIATE RELEASE

12/09/2017. ACCRA – Within the context of a South-South collaboration model, FARA is developing a framework that would institutionalize a private sector driven initiative which seeks to heighten the Africa-Brazil cooperation and collaboration frameworks in the field of Agriculture. The framework is being developed in collaboration with Instituto Brasil-Africa (IBRAF), Fortaleza, Brazil.

The initiative will serve as a platform for connecting Brazilian and African agribusiness sectors to take advantage of innovation-driven agribusiness opportunities on both sides of the Atlantic Ocean. Thus it will harness the power of Brazilian agricultural research and development facilities and the state-of-the art technologies and products of the Brazilian private sector operatives developed in the country on one hand, and the potentials for growth in Africa on the other, bringing together, financial institutions, farmers, investors, companies, women, young entrepreneurs and other stakeholders with focus on a particular value chain at a time, to create an enabling environment and market opportunities for upward spiral growth.

Toward this end, the President of IBRAF, Professor Joao Bosco Monte visited FARA Secretariat on the 11th of September 2017 to start discussion on the platform. IBRAF has been working across Africa to promote the interest of Brazil and Africa in different projects to foster the relationship between the two regions.

The first summit of the initiative is expected to take place within the first quarter of 2018 with cassava, sugarcane, tomato, and cotton as possible commodities of focus.

The program is supported by key partners from agricultural development banks in Africa, commercial banks, policy makers etc. Furthermore, FARA and IBRAF are supported in the program by His Excellency, Former President John Kufuor.

In addition, FARA shall help actualize IBRAF’s vision of African Youth Technical Training Program, an African Development Bank (AfDB) supported gender-sensitive program on youth empowerment, which targets young people between the age of 15 and 25 from across Africa for training in Brazil.

FARA will be at the 5th Africa-Brazil Summit organized by IBRAF in November 2017 to be held in Brazil. The event will provide the opportunity for FARA to start engaging with prospective partners of the new initiative.

 

About FARA  

FARA is the apex continental organization responsible for coordinating and advocating agricultural research for development and serves as the technical arm of the Africa Union Commission on matters concerning agriculture science, technology and innovation.

For more information:  

Event Hashtag: #FARABRASILAFRICA

Website: www.faraafrica.org

Flickr: FARA Africa. https://www.flickr.com/photos/farafotos/albums

Blog: http://faraafrica.wordpress.com

Facebook Page: Forum for Agricultural Research in Africa. https://www.facebook.com/FARAAfrica/

FARA Social Media Team (Facebook Page): https://www.facebook.com/groups/aasw6smt/

Twitter: @FARAinfo. https://twitter.com/FARAinfo

Youtube: FARA Africa. https://www.youtube.com/channel/UCEJQGxNwCCFuEHCTDOljeqg

Instagram: fara.africa. https://www.instagram.com/fara.africa/

Google Group: https://groups.google.com/a/cgxchange.org/forum/#!forum/fara-smt-group

Media Contact Email: aagumya@faraafrica.org, towoeye@faraafrica.org

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