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Adesina, 2017 World Food Prize Laureate, to Deliver Lecture on World Food Day

The African Development Bank President, Akinwumi Adesina, will deliver the Norman Borlaug Lecture today as part of the World Food Prize events taking place from October 16-20, 2017 in Des Moines, Iowa, USA.
The Norman Borlaug Lecture titled “Betting on Africa to Feed the World” will be held on World Food Day, October 16, in conjunction with the annual World Food Prize celebration.
President Adesina will receive the 2017 World Food Prize on Thursday, October 19. The prize is to agriculture what the Nobel Prize is to peace, science and literature.
The World Food Prize board announced President Adesina as the 2017 Laureate in June for his work in improving the availability of seed, fertilizer and financing for African farmers, and for laying the foundation for the youth in Africa to engage in agriculture as a profitable business.
The World Food Prize, founded by Nobel Laureate, Norman Borlaug, is the foremost international honour recognizing the achievements of individuals who have advanced human development by improving the quality, quantity or availability of food in the world.
As Minister of Agriculture and Rural Development in Nigeria, Adesina introduced the E-Wallet system, which brought transparency to fertilizer distribution system – a process previously hampered by corruption for 40 years. His policies expanded Nigeria’s food production by 21 million metric tons, and the country attracted US $5.6 billion in private-sector investment, earning him tremendous respect as the ‘farmers’ Minister’.
Under his leadership, the AfDB is accelerating agricultural development through its Feed Africa Strategy with planned investment of US $24 billion over the next 10 years.
The goals of AfDB’s Feed Africa strategy are to help eliminate extreme poverty in Africa by 2025; end hunger and malnutrition in Africa by 2025; make Africa a net food exporter; and move Africa to the top of export-orientated global value chains where it has comparative advantage.
Over 1,200 people from more than 65 countries will address cutting-edge issues related to global food security and nutrition at the 2017 Borlaug Dialogue International Symposium, October 18-20, 2017.
“As someone who grew out of poverty, I know that poverty is not pretty. My life mission is to lift up millions of people out of poverty, especially farmers in rural areas. We must give hope and turn agriculture into a business,” the AfDB President said.
The three-day conference convenes a wide array of scientific experts, policy leaders, business executives and farmers and has been branded “the premier conference in the world on global agriculture.”
Through the Borlaug Dialogue, the World Food Prize Foundation helps build alliances in the struggle against world hunger and malnutrition.

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COVID-19: Ecobank Nigeria Supports States with Food Items

Ecobank Nigeria has donated food items to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown on citizens. These palliatives are targeted at the most vulnerable members of the society who have been the hardest hit economically as a result of the current crises. Speaking in Lagos, Executive Director Commercial Banking, Ecobank Nigeria, Carol Oyedeji said this action would also go a long way in supporting members of the community who earn a daily wage and may not have the opportunity of working under the present environment. She noted that the donations are part of the bank’s Corporate Social Responsibility (CSR) and focused on providing support as best as possibleShe remarked that “as a bank we give strong priority to people’s welfare. We are determined to assist ordinary Nigerians during the current difficulties and this is one of the ways we are achieving this. We are also offering concessions to our SME Lending customers at this time given the strain on their cashflows and creating ease for the general public to transact digitally while at home”. Ecobank Group has so far contributed over US$3 million to the fight against COVID-19 across its footprint in Africa in line with the Bank’s commitment to the Region. The Institution is supporting governments, the World Health Organisation (WHO) and partnering with private sector operators to alleviate the effect of the pandemic on citizens. These have been in the form of cash, healthcare equipment, donation of supplies, awareness campaigns while also using digital platform to provide funds to beneficiaries of various funds being distributed. The Bank is particularly mindful of the needs of its communities and remains committed to providing the appropriate support required.    

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