Friday, August 26, 2016

Crowdfunding for agricultural projects at TICAD-VI.

Agriculture is the new global currency and various countries are trading their products,expertise,innovations and ideas to ensure economic growth of their countries.The world itself is a global village making it easy to transfer ideas,technology and trading boundaries. Countries participating in crowdfunding for agricultural projects are engaging through partnerships ,investment drive and private participation. Investors forum for agricultural projects has become common place in many countries and also various states,wherein the countries showcase their agricultural products,the benefits of their products,the profitability of their value chains and the policies that will attract investors. Technology in terms of agritech are showcased to enhance collaborations with nations that are technologically savy so that there could be tech-transfer, tech-exchange and tech -collaborations. The Tokyo international conference of African development(TICAD) is one of such forum to provide a platform for the facilitation and promotion of high-level policy dialogue between African leaders and Africa’s development partners on issues pertaining to economic growth, trade and investment, sustainable development, human security, peace and stability and government. TICAD was launched in 1993 by the Government of Japan, to promote Africa’s development, peace and security, through the strengthening of relations in multilateral cooperation and partnership, particularly with the country. TICAD 2016 is in Nairobi,Kenya and the country aims to sell agriculture,infrastructure and innovation for funding to development financial institutions. The kenya Private Sector Alliance (KEPSA) Chief Executive Carole Kariuki believe these ` three areas will transform the country’s economy. Kenya's aim is to negotiate with development partners that include the World Bank Group, African Development Bank, Japan External Trade Organisation, and the Africa Union Commission during the high level policy dialogue. President Muhammadu Buhari will attend the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya, this the first-ever TICAD Summit to be held in the African continent in its over 20 years of history. The hosting of TICAD is an indication of increase African ownership in the TICAD process which has been attracting much attention from African states and all TICAD partners,which include the the United Nations System , the African Regional Economic Communities (RECs) and the New Economic Partnership for Africa’s Development Planning and Coordinating Agency (NEPAD Agency), as well as civil society and the private sector. The highest-level of representations from African states and TICAD partners are expected at TICAD-VI. Watch here

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