Africa sleeping on Sh8.2B worth of business opportunities in nutrition

October 17, 2018
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Governments have been urged to play a critical and overarching role in addressing the nutrition challenges facing nations/FILE

NAIROBI, Kenya, Oct 17 – Africa has Sh8.2 billion worth of business opportunities in Nutrition.

This was announced during the first nutrition investor forum in Africa held in Nairobi.

Opening the forum, Former President of the United Republic of Tanzania Jakaya Kikwete says the nutrition agenda is a key driver of development adding that dealing effectively with malnutrition and its attendant problems is a cardinal development imperative.

He also urged Governments to play a critical and overarching role in addressing the nutrition challenges facing nations.

“Nutrition-related problems have a direct bearing to economic growth and development of a nation. If there is no change or improvement in stunting and wasting among children and, anaemia among women, and iodine deficiency, a nation is bound to lose a lot in future productivity,” he said.

Representatives from the World Bank, European Commission, International Finance Corporation, Kenya Commercial Bank, Graça Machel Trust and Bill and Melinda Gates Foundation joined the gathering focused on unlocking the business potential of small and medium enterprises working to improve the nutritional quality of the food system across Africa.

“The big problem most businesses face, especially the small and medium-sized ones when it comes to engaging in the market, is that they lack access to finance. This is the first real effort within Africa to make it easier for businesses to provide nutritious food by making it more readily available, affordable and accessible,” stressed, Lawrence Haddad, Executive Director, GAIN.

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