“After UniBRAIN, will African Agribusiness Incubation come of age?” was the topic discussed at the February 2016 FARA Technical Seminar. This was presented by Dr Alex Ariho FARA-UNIBRAIN Facility coordinator and chaired by the Executive Director of FARA Dr Yemi Akinbamijo who applauded this effort and contributed by explaining the AAIN Agenda of Commercializing Science for Job and Wealth Creation for the Youth in Africa.
FARA’s UniBRAIN is a project (funded by Danida) that commenced in 2010 to test the UniBRAIN agribusiness incubation model. It brings together a uniqueness of universities, business and research institutions to address challenges of job creation. Dr Ariho asserted that Agribusiness incubation in Africa will continue to evolve after the close of UniBRAIN project on 31st March 2016.
The next phase of agribusiness incubation in Africa will be actualized through the African Agribusiness Incubator Network (AAIN). AAIN is a private sector company composed of incubators, individuals and organizations along the agribusiness value chain with members or like-minded partners (Individual and Organizations).
AAIN was established in 2013 through a Kigali Declaration. It gained additional backing at the 2014 Africa-wide consultative general meeting in South Africa and AAIN Nairobi 2015 Declaration.
The business strategy of AAIN focuses on plans, choices and decisions used to guide its growth, development and profitability with returns to investment and success.