Olam Agri Deepens Investment in Women’s Economic Empowerment, Unveils Baking Academy in Kano

 

L-R: Alhaji Abdul Munaf Yunusa, Chairman of Azman Air; Dr Faruk Umar, Director of Greenwich Merchant Bank; Dr Ibrahim Gaya, Special Adviser to the Governor of Kano State on Rural and Community Development; HRH Alhaji Aminu Ado Bayero, Emir of Kano, cutting the ribbon; and Mr. Ashish Pande, Country Head for Olam Agri in Nigeria, at the launch of Olam Agri’s Crown Flour Angels Baking Academy in Kano on Wednesday, February 15, 2023.

Olam Agri in Nigeria, a leading agribusiness in food, feed, and fibre, on Wednesday, February 15, 2023, launched a baking academy to train and economically empower more women in the country. The academy located in Kano State builds on the pillars of the Seeds for the Future Foundation’s Crown Flour Angels (CFA) initiative.

Crown Flour Angels is an economic empowerment initiative of Olam Agri’s wheat-milling business Nigeria. It aims to equip women with baking skills and enhance their earnings while enabling them to contribute meaningfully to their communities and the national economy.

The launch of the baking academy is targeted at extending the impact of the economic empowerment initiative and deepen the agribusiness’ human capital development contributions to the Federal Government’s economic development agenda.

Speaking during the launch of the academy, Mr Ashish Pande, the Country Head for Olam Agri in Nigeria, said, “Olam Agri in Nigeria is a strong player and contributor to the Nigerian economy. Through the pillars of our Seeds for the Future Foundation, we seek to continuously empower local women.”

“We believe that an investment in human capital development on a broader scale will engender national prosperity, and investment in educating women is key to enhancing the livelihoods of families. The Crown Flour Angels initiative is targeted at equipping keen women with the requisite baking skills to enhance their earning potential,” he added.

Meanwhile, Mrs Bola Adeniji, Head of Marketing, Olam Agri Nigeria, explained that the launch of the CFA Baking Academy follows the successful facilitation of baking training for over 250 International Cake Exploration Société (ICES) women in Lagos by the business under the auspices of the same initiative.

According to her, “The launch of the Baking Academy offers a scaled support framework for women across regions; and the choice of Kano is strategic. The global bakery product market size was $397.90 billion in 2020. The market is projected to reach $590.54 billion in 2028. This growth projection presents an opportunity for bakers, including graduates from our baking academy. We are proud to be launching our women into this prosperous market through our initiative.”

Guests at the launch event include the Emir of Kano, HRH Alhaji Aminu Ado Bayero, the representative of the Kano State Governor, Dr Ibrahim Gaya, who is also the Special Adviser to the Governor on Rural and Community Development; Alhaji Abdul Munaf Yunusa, the Chairman of Azman Air, Dr Faruk Umar, the Director, Greenwich Merchant Bank, amongst others.

The Emir of Kano applauded Olam Agri for locating the baking academy in Kano. He remarked, “Olam Agri in Nigeria has done well by locating this academy in our state. The academy will help build our community by giving our women the opportunity to learn the skills that will yield good incomes for their households when put to commercial use.”

The representative of the state Governor, Dr Ibrahim Gaya, said, “Olam Agri’s investment in Kano state attests to the state’s peace and impressive security levels. The Governor and the traditional rulers have never relented in their efforts to keep ensuring growth in the state. We, therefore, invite more businesses to emulate Olam Agri.”

 

About Olam Agri

Olam Agri is a leading agribusiness, transforming food, feed and fibre with a global origination footprint, processing capabilities and deep understanding of market needs built over 33 years.

With a strong presence in high-growth emerging markets and products across grains & oilseeds, animal feed & protein, rice, edible oils, specialty grains & seeds, cotton, wood products, rubber and commodity financial services, Olam Agri is at the heart of global food and agri-trade flows with approximately 40 million MT in volume traded annually.

Focused on transforming food, feed, and fibre for a more sustainable future, it aims at creating value for customers, enable farming communities to prosper sustainably and strive for a food-secure future.

Hot this week

PufferPay CEO, Emmanuel Ovaga, to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026

Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of...

SERAP asks Akpabio, Abbas to Explain ₦1.3bn Allocation to ‘Fictitious Presidential Council’

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

FG to IMF: Response to Recent Misrepresentations on Public Expenditure

The Federal Government has noted recent public commentary alleging...

Topics

Interswitch to Headline One Africa Music Fest, Sponsor 20 Customers

Africa’s leading integrated payments and digital commerce company, Interswitch...

Tinubu Celebrates Nigerian Modernism at Tate Modern: A Historic End to a Historic Visit

L-R: Ofovwe Aig-Imoukhuede; Chairman of Access Holdings and Coronation...

UBA Suffers Credit Rating Downgrade by Moody’s over High Risk Profile

The United Bank for Africa (UBA) Plc has suffered...

Pension Industry Will Invest in Infrastructure, Real Estate to Diversify Investment

As the new Contributory Pension Scheme (CPS) continues to celebrate its runaway successes, Mrs. Chinelo Anohu-Amazu, Director General, National Pension Commission (PenCom) speaks on the challenges of the scheme and the way forward. Review of Pension Industry in 2014 The activities in the Pension Industry were guided by the need to ensure sustainability and safety of pension funds as well as payment of retirement benefits. In the course of the year, and in line with the dynamics of the operating environment, some of the supervisory and regulatory frameworks were modified.

15 Students Shortlisted for Heirs Insurance Essay Championship

Heirs Insurance Group, Nigeria’s fastest-growing insurance Group, has shortlisted...

CBN: Banking Sector Recapitalisation on Course as 20 Banks Meet Capital Requirement  

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi...

ITU Ranks Nigeria High in Digital Transformation Readiness

A new report of the International Telecommunication Union (ITU),...

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...