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Nurturing Health Through Nutrition: World Health Day 2024

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World Health Day

Multinationals like Nestlé are championing affordable and good nutrition for families through its brands while ensuring the sustainable sourcing of raw materials

ACCRA, Ghana, April 7, 2024/APO Group/ — 

As we commemorate World Health Day 2024 themed ‘My health, my right,’ the focus turns to the critical importance of good food and nutrition, particularly in regions like Central and West Africa.

Nutrition is the foundation of human health, influencing every aspect of physical, cognitive, and emotional well-being. In these regions, where socio-economic gaps, environmental challenges, and diverse cultural norms converge, the importance of good nutrition becomes even more pronounced.

That is why multinationals like Nestlé are championing affordable and good nutrition for families through its brands while ensuring the sustainable sourcing of raw materials such as coffee, cocoa, soya among other ingredients in its supply chain.

“Nestlé reaffirms its commitment to promoting quality and affordable nutrition, particularly in Central and West Africa. We believe that access to balanced diets, rich in essential nutrients, is vital for maintaining optimal health and well-being. Together, we strive for a future where everyone has access to nutritious diets, ensuring not only physical health but also fostering local communities and prosperous societies,” says Mauricio Alarcón, CEO Nestlé Central and West Africa.

Foundation of Health

In Central and West Africa, numerous health challenges persist, ranging from enduring malnutrition to the rising incidence of diet-related non-communicable diseases. These nutritional deficiencies not only hinder physical growth and development but also weaken immune function, cognitive abilities, and overall disease resilience.

Essential nutrients found in a balanced diet, including vitamins, minerals, proteins, carbohydrates, and fats, are the building blocks of health. Ensuring adequate nutrition during critical life stages, such as pregnancy, infancy, and early childhood, is vital for optimal growth, development, and long-term health outcomes.

Preventing Non-Communicable Diseases

In recent years, Africa has seen an increase in the rate of non-communicable diseases such as diabetes, cardiovascular disease, high blood pressure, and obesity. This rise mirrors global trends but is amplified by unique regional dynamics. While infectious diseases remain significant, lifestyle factors, like diet and physical activity, drive much of this burden.

A balanced diet is paramount in promoting overall health and preventing chronic diseases. A balanced diet encompasses a diverse range of nutrient-rich foods from all food groups, including fruits, vegetables, whole grains, lean proteins, and healthy fats.  This dietary approach not only supports physical well-being but also aids in weight management and reduces the risk of obesity and associated health issues.

Together, we strive for a future where everyone has access to nutritious diets, ensuring not only physical health but also fostering local communities and prosperous societies

Access to a diverse and balanced diet, rich in essential nutrients is not only a basic human necessity but also a prerequisite for achieving the UN Sustainable Development Goals (SDGs) related to health, well-being, and poverty alleviation (https://apo-opa.co/4alNe79).

Empowering Communities Through Education

Empowering communities through education on nutrition is a powerful tool in the fight against malnutrition. Providing knowledge about healthy eating habits and balanced diets through initiatives in schools, community centers, and healthcare facilities can help dispel myths and empower people to make informed dietary choices.

Fortified Essentials for Balanced Nutrition

Some companies, like Nestlé, recognizes the importance of nutrition and quality in their product offerings. For instance, Nestlé’s R&D center in Côte d’Ivoire (https://apo-opa.co/49tbpiL) employs scientists and food technologists dedicated to developing affordable nutrition solutions for the region. They consider local dietary preferences and nutritional needs, integrating regionally sourced cereals and plant protein sources into formulations. These products are fortified with essential micronutrients like iron, iodine, zinc, and other vitamins and minerals ensuring optimal nutritional value.

Additionally, these experts have access to Nestlé’s global network of experts, advanced analytical equipment, labs, and pilot plants across all company R&D locations.

Products like Maggi (https://apo-opa.co/3VJdeop), widely recognized across the continent, are fortified with essential micronutrients such as iron and iodine, meeting local preferences while boosting nutritional intake. Likewise, Cerelac (https://apo-opa.co/49wX6JQ), enriched with iron, and Nido (https://apo-opa.co/3VJd8x3), fortified with calcium, provide vital nutrients essential for children’s growth and development.

In Nigeria, the company recently introduced Nido Milk & Soya (https://apo-opa.co/3VQ3PeS), a product that integrates locally sourced soybeans. This initiative offers a budget-friendly option for nutritious consumption, while providing healthy nutrition among consumers.

Harnessing the Power of Collaboration

The path to improved nutrition in Central and West Africa necessitates collaborative efforts across sectors and stakeholders. By partnering with governments, civil society organizations, academia, and the private sector, we can combine resources, expertise, and innovations to drive meaningful change in the region.

Nestlé reaffirms its commitment to being a force for good by tackling the root causes of malnutrition, advocating for food security policies, and empowering individuals and communities with knowledge and resources for informed dietary choices. This in the long term creates a future where everyone experiences the highest standard of health and well-being.

Distributed by APO Group on behalf of Nestlé.

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Mantashe to attend major AOW energy event

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Mantashe

Mantashe has been a regular keynote speaker at previous AOW events, and the announcement of his attendance comes as lucrative energy opportunities open across the continent

CAPE TOWN, South Africa, October 3, 2024/APO Group/ — 

South Africa’s Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October.

AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa’s energy future. This year’s event will feature more than 1 600 senior delegates, 80 ministers and officials from 70+ countries and representatives of more than 760 companies.

Announcing Mantashe’s confirmed attendance, Chief Executive Officer of Sankofa Events, Paul Sinclair said that the presence of the host nation’s two most senior energy leaders confirmed that Africa was committed to taking ownership of its own energy destiny.

“We are excited to welcome Mr Mantashe to AOW, where he will share stages and attend sessions with ministers from many other countries, as well as senior players from energy businesses and multilateral forms,” said Sinclair. “We are proud to provide an environment where Africa’s energy leaders can discuss the latest industry trends, and how the continent can help to shape them.”

We are proud to provide an environment where Africa’s energy leaders can discuss the latest industry trends, and how the continent can help to shape them

Mantashe has been a regular keynote speaker at previous AOW events, and the announcement of his attendance comes as lucrative energy opportunities open across the continent – in responsible oil exploration and production, in renewable energy, and in the trade of natural gas as a high-demand future fuel.

Ongoing major oil-and-gas discoveries in the Orange basin, offshore South Africa and Namibia, have highlighted the scale and importance of these opportunities – for African governments, their people, and energy businesses.

“The world’s energy markets are in the midst of a dynamic transition,” said Sinclair. “Navigating that transition requires industry partnerships. Africa is showing that not only does it have massive resources, it also has the networks, the financial innovation and the commitment to develop those resources for Africa’s people, and all stakeholders.”

This year marks 30 years of the industry-leading AOW event. The four-day conference, exhibition and investment forum brings together governments, regulators, global operators, power producers, investors and service providers.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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The Gambia’s Minister of Petroleum and Energy Joins African Energy Week (AEW) 2024 Amid Exploration Drive

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Kinetiko Energy

The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at African Energy Week: Invest in African Energy in Cape Town this November

CAPE TOWN, South Africa, October 3, 2024/APO Group/ — 

On the back of major investments from multilateral finance institution the African Development Bank, The Gambia is poised to increase its electrification rate to 70% – 50% in rural areas – by the end of the year. In the wake of the country’s burgeoning energy sector, The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference, which takes place in Cape Town from November 4-8.

The Gambia represents one of Africa’s final oil and gas frontiers and the participation of Minister Juwara at AEW: Invest in African Energy 2024 will be crucial for highlighting the immense opportunities present across the country’s upstream and downstream sectors. His participation is also poised to showcase the role hydrocarbon resources will play in addressing both the country and Africa’s energy and socioeconomic development needs.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Situated in proximity to Senegal’s 231-million-barrel Sangomar field, where a 100,000-barrel-per-day project came online in June this year, The Gambia’s offshore prospects offer significant potential for play-opening discoveries. The Gambia’s Bambo prospect reservoirs have revealed oil shows in recent years and could hold up to 1.2 billion barrels of oil. The data – acquired by independent oil and gas company FAR – has opened additional material exploration opportunities in the offshore A2 and A5 blocks.

The Gambia remains wholly committed to advancing the energy sector while leveraging its burgeoning hydrocarbon potential

Last year, The Gambia extended FAR’s permit for the blocks until September 30, 2025, with reduced annual fixed costs. FAR is now seeking farm-in partners to fund geoscience reviews and exploration wells. Meanwhile, global energy company the Nigerian National Petroleum Company and state-owned Gambian National Petroleum Corporation signed a MoU in the same year to explore and develop crude oil in the country. The agreement entails geological studies, seismic data analysis and potential drilling activities.

At last year’s AEW conference, The Gambia’s Ministry of Petroleum and Energy and hydrogen developer H2 Gambia Limited signed an agreement on hydrogen exploration in the country. The deal will allow for extensive research to be undertaken over a period of one year and forms part of The Gambia’s decarbonization efforts. The Gambia recently entered a new era of energy development with the inauguration of its first large-scale solar energy facility in Jambur in April 2023. Built by Chinese manufacturer Tebian Electric Apparatus, the 23 MW solar plant serves to reduce the country’s reliance on imported fossil fuels.

“The Gambia remains wholly committed to advancing the energy sector while leveraging its burgeoning hydrocarbon potential. As a largely undeveloped energy market and situated in close proximity to major developments across the offshore MSGBC region, the country offers strategic opportunities for foreign investors active across the entire energy value chain,” states Executive Chairman of the African Energy Chamber NJ Ayuk.

At AEW: Invest in African Energy 2024, Minister Juwara is expected to share his insights into the investment opportunities across The Gambia’s oil and gas value chain, engaging with global financiers and technology providers to attract capital to its untapped energy prospects. As an experienced leader in the country’s energy space, Minister Juwara’s participation aligns with the conference’s strategy to encourage private sector investment and participation while ensuring The Gambia benefits from its hydrocarbon resources.

Distributed by APO Group on behalf of African Energy Chamber.

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Fund for Export Development in Africa and Africa Finance Corporation power ARISE Integrated Industrial Platforms’ US$443 Million capital raise

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Export Development

The funds are intended to accelerate ARISE IIP’s fast expansion and operational efficiency across its 12-country portfolio

DUBAI, United Arab Emirates, October 3, 2024/APO Group/ — 

ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million.

The funding includes a strategic US$300 million investment from Afreximbank’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing Afreximbank’s FEDA a significant stake in ARISE IIP. Additionally, the capital raise is supported by an additional US$143 million contribution from Africa Finance Corporation (AFC). This investment builds on debt funding relationship of over 12 years between ARISE IIP and Afreximbank, during which about US$2 billion has been provided to support ARISE IIP’s investments across Africa.

ARISE IIP’s total equity capital now exceeds US$1 billion, with Africa Finance Corporation (AFC) holding a majority stake, followed by Afreximbank’s FEDA and Equitane as key shareholders.

This equity partnership with Afreximbank significantly enhances our financial capacity to execute our pan-African industrial development strategy

This significant capital injection is strategically aligned with both entities’ objectives to catalyse industrial transformation across Africa. The funds are intended to accelerate ARISE IIP’s fast expansion and operational efficiency across its 12-country portfolio, that comprises key markets such as Malawi, Cameroon, Sierra Leone, Benin, Togo, Ivory Coast, Rwanda, Gabon, DRC, Congo, Chad, and Nigeria.

This investment is anticipated to strengthen Africa’s position in global value chains, aligning with Afreximbank’s mandate to promote intra-African and extra-African trade.

Gagan Gupta, Founder and CEO of ARISE IIP said about this partnership: “This equity partnership with Afreximbank significantly enhances our financial capacity to execute our pan-African industrial development strategy. It’s a strong vote of confidence in our business model and growth prospects.”

President & Chairman of Board of Directors at Afreximbank, Prof. Benedict Okey Oramah, stated: We are very pleased with our latest investment in ARISE IIP which is aligned with Afreximbank’s strategic pillars of promoting intra African Trade and facilitating industrialisation and export development across Africa. The capital boost will arm ARISE IIP with the financial muscle needed to drive Africa’s industrialisation, promote intra and extra-African trade, job creation and the general economic growth of our continent.”

Marlene Ngoyi, CEO of the Fund for Export Development in Africa (FEDA), stated: “Our investment in ARISE IIP is a critical step towards fostering sustainable industrial growth across Africa. By supporting the development of high-impact industrial infrastructure, we are helping to create an environment that will drive economic diversification, boost value-added production, and position Africa as a key player in global trade.”

Samaila Zubairu, President & CEO of AFC said: I would like to thank the board and management for their unwavering support in our shared mission to transform African economies. Our journey towards capturing greater value within the continent, by converting raw materials into intermediate and finished goods, has already shown significant progress in three countries, with an expanding pipeline of projects in ten more. This success reinforces our commitment to further support and invest in this important initiative, including our latest equity investment of $143 million. We are also delighted to formally welcome Afreximbank-FEDA as a new shareholder, having previously supported us through debt financing. Their participation, alongside other prospective investors, is a testament to the strength and de-risked nature of our ecosystem value chain industrial platform. We look forward to continuing our partnership to drive industrialization and sustainable economic growth across Africa.

Distributed by APO Group on behalf of Afreximbank.

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