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Global cassava coalition seeks support for cassava transformation in Africa

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Ahead of the international conference on cassava, the Global Cassava Partnership for the 21st Century (GCP21) has called on policy makers, donors and the international community to support all efforts that will bring about cassava transformation in Africa.

The call is coming at a time when cassava is becoming central to food security of over 600 million people in the developing world, and has become the fourth most important crop after maize, wheat and rice.

Presenting the upcoming conference on cassava to donors and the international community in Cotonou on Thursday, Dr Claude Fauquet, Director of GCP21 said, “despite the key role cassava is playing in Africa’s food security, its productivity had remained low (about 9 tons per hectare), keeping the growers in the trap of poverty. When compared to Asia, cassava productivity in that continent is more than 21 tons per ha—a situation that gives Asia competitive advantage in global cassava trade. Addressing the yield gap demands more funding for cassava research and development (R&D) from all stakeholders, if truly the world wants to help farmers towards ending hunger and poverty in Africa”.

Dr Fauquet noted that the 11-15 June, 2018 conference to be held in Cotonou with the theme: Cassava Transformation in Africa, is one of the ways the GCP21 is contributing towards the transformation of the root crop.

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He called for participation of all stakeholders, emphasising that the conference would provide a unique opportunity for donors, investors, and policy makers to see and access the latest innovations and discoveries in the cassava sector.

The French Ambassador to the Republic of Benin, Veronique Brumeaux, who hosted the press conference said the conference was timely and would go a long way to address the constraints of cassava production while at the same time proffering opportunities for investors and farmers alike to harness new innovations from the research community.

The ambassador’s position was echoed by the Minister of Agriculture, Livestock and Fisheries, Republic of Benin,  Dossouhoui Cossi Gaston, while underscoring the importance of cassava to Benin and Africa in general. He said the importance of cassava would continue to increase as its consumption per capita was high and the root crop is resilient to climate change.

The Minister of Higher Education, Mme Attanasso Marie-Odile said the Republic of Benin is proud to host the conference. She noted that cassava’s development and transformation would offer opportunities for youth engagement which the country and other African countries could tap.

Invited participants to the press conference included representatives of the embassies of France, United Kingdom, Belgium, Switzerland, Brazil, Holland, Germany, Japan, Canada, United States, and European Union. Others were representatives of development agencies: AfDB, USAID, JICA, GIZ, AFD, EU, UNDP, and FAO.

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This year’s conference is being organised by GCP21, in collaboration with the International Center for Tropical Agriculture, CIAT,  International Institute of Tropical Agriculture, IITA, National Institute of Agricultural Research of Benin, INRAB, Faculte des Sciences Agronomique – Universite Abomey-Calavi, FAS-AUC.  Other supporting institutions are: The Economic Community of West African States (ECOWAS), the African Development Bank (AfDB); Forum for Agricultural Research in Africa (FARA), the West and Central African Council for Agricultural Research (WECARD), Bill & Melinda Gates Foundation (BMGF), CGIAR Research Program on Roots, Tubers and Bananas (RTB), International Center for Agricultural Development (CIRAD), and the Institute for Research & Development (IRD).

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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