IFC: Rwanda to export fortified foods

Rwanda will start exporting fortified foods, next month, thanks to a new modern factory1486073163prosper-ndayiragije-the-country-director-of-aif-rwanda-speaks-to-a-journalist launched yesterday. The Africa Improved Foods – Rwanda, based at Kigali Special Economic Zone Nyandungu, started production of fortified porridge flour yesterday. Workers at Africa Improved Foods factory in Kigali assemble packages for fortified foods. Faustin Niyigena. The $45-million (about Rwf36 billion) factory is expected to produce 45,000 tonnes of fortified food annually, enough to help boost exports and prevent child malnutrition across country. Up to 60 per cent of its output is expected to be exported to regional and global markets.

IFC investment in Dutch Africa Improved Foods (Holding) (AIFH) in Rwanda

On July 7, 2015, the IFC and the AIFH have AIFHsigned an agreement for a $21.5 million loan and $4.5 million equity investment by IFC in AIFH. This loan comes with support from the Dutch-funded Global Agriculture Food Security Program (GAFSP), and is intended for the construction and operation of a 45,000 tons per year processing plant in Rwanda for fortified cereals to treat child malnutrition. Continue reading

CEO: The World Is Moving Away from the Fossil Age

Original article available at the World Bank website.

Feike Sijbesma is CEO of Royal DSM, a health, Sijbesmanutrition, and materials company that has evolved from its original purpose (it was established by the Dutch government in 1902 to mine coal) into a science-based company that develops sustainable materials. It takes its name from the original Nederlandse Staatsmijnen, or Dutch State Mines.

Video: CEO: The World Is Moving Away from the Fossil Age.

With low oil prices, now is the time to put a price on carbon, says Feike Sijbesma, the CEO of Royal DSM.

“I think, first of all, we need to agree that climate change is real.

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