21 Jun 2016
Tomas Sales, Special Advisor, Private Sector & African Facility for Inclusive Markets Unit, UNDP and Pascale Bonzom, Programme Specialist, Private Sector Unit, UNDP
More than 11,000 smallholder farmers benefit from support to develop regional agro-food value chains. Photo: UNDP
In the last 12 years, UNDP in Africa has invested into innovative programmes that produced encouraging results, incentives, and insights on how the private sector can contribute to inclusive growth through inclusive businesses and markets. UNDP’s long term goal in this area is to foster Africa’s capacity to produce and grow in line with the African Union Agenda 2063 and the universal Sustainable Development Goals (SDGs).
The UNDP Growing Sustainable Business (GSB) initiative built, from 2003 to 2011, multi-stakeholder partnerships to support businesses with a clear triple bottom line capable of impacting positively on profit, people and planet.
Bionexx, for instance, a company based in Madagascar, managed to grow the production of artemisinin, a key ingredient in anti-malaria pills, from 0 to 12 metric tons using an outgrower network of close to 10,000 farmers through financial support and technical assistance to set-up the outgrower scheme – a clear success in terms of providing a guaranteed higher value market to smallholder farmers and increasing their income. …