Agri Resources Group – Promoting sustainable agriculture in response to the global pandemic

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LONDON, UK, November 8, 2021 – / African Media Agency (AMA) / – As we approach the two-year mark since the start of the global pandemic, many actors from both the public and private sectors are meeting with the common goal of “Building back better” for a more resilient economy. This is the case with Agricultural Resource Group (a subsidiary of Monaco Resources Group), who for several years has been quietly working to build sustainable food and agricultural supply chains in sub-Saharan Africa and Madagascar, regions heavily affected by the global pandemic.

Even before the outbreak of COVID-19, Africa’s food system was in crisis and in 2020, more than 264 million people in sub-Saharan Africa experienced severe food insecurity – most in rural areas.

Additionally, an estimated 32 percent of children in sub-Saharan Africa are stunted, putting them at increased risk of dying from common infections and compromising their cognitive development. Although global estimates show that food insecurity has declined since 2000, in 2020 more than one in five children (149.2 million) under five years of age were stunted and 45.4 million were underweight1.

CONSEQUENCES OF COVID-19

Along with conflicts, climate shocks and the locust crisis, COVID-19 has created additional threats to food systems. This has indirectly reduced purchasing power and the ability to produce and distribute food, affecting the most vulnerable populations. In 2020, up to 46 million more people in Africa alone were undernourished compared to 20192.

1Source: Joint UNICEF-WHO-World Bank malnutrition estimates, 2020 edition
2Source: The State of Food Security and Nutrition in the World (SOFI) 2021

RESPONSE FROM THE AGRI RESOURCES GROUP
Contribute to the revival of the agricultural sector, Agricultural Resource Group strengthens its efforts in:

Implementation and promotion of sustainable agricultural practices

This includes investments in the sustainable management of the Group’s land – reinforced through Agri Resources Group’s sustainability obligation, issued in 2021 in collaboration with local partners, such as Inside Madagascar.

Creation of relevant employment opportunities.

The Group recruits locally, with the aim of creating legitimate employment opportunities and developing local leadership in the agricultural sector, likely to be of interest to young people.

Creation of local value

Agricultural Resource Group partners with small farmers and local businesses to add value to their product. The Group also invests in value-added processing activities at remote sites. In addition, the Group relies on its logistics and marketing network to create and secure the most efficient routes to the market for its network of local producers.
“We operate in areas that still face major challenges related to poverty and food insecurity, and we recognize that our business has an important role to play in driving positive change for our employees, our customers. suppliers and local communities. We are firmly committed to promoting a sustainable future for all stakeholders and taking a proactive approach to tackle the issues highlighted by the pandemic. “Frédéric Dalmasie CEO of the Agri Resources Group
The Group has launched several strategic initiatives in its most vulnerable operating regions, in particular:
BENIGNChallenges

The Beninese population is predominantly young with an average age of 21 More than 70% depend on employment in the agricultural sector, however, productivity is low and agricultural land is small Since the financial crisis of 2008, prices of food have maintained an upward trend which affects the ability of people to purchase food. Households spend an average of 63% of their budget on food.

Strategic initiatives of the Agri Resources Group Created in 2021, Agri Ressources Benin to focus on :

Establish a modern rice production and processing enterprise, aimed at contributing to government efforts to reduce dependence on imports Invest in processing facilities for use by local producers Create legitimate employment opportunities for youth in the agricultural sector

CONGO BRAZAVILLEChallenges

An estimated 35% of the population is facing food insecurity due to the pandemic 90% of arable land remains uncultivated and agriculture is largely limited to subsistence production and cash crops National food production does not cover only 30% of the needs, which means that the Congo depends largely on food imports from overseas

Agri-Resources Congo leverages its agricultural base, processing facilities, warehouses and modern machinery rare in the region to:

Improve food quality and safety Produce staple crops for the domestic market Help local farmers develop their own land with our equipment Work with small cassava producers near our concession Implement soil regeneration techniques

GHANAChallenges

Containment measures, border closures and economic disruptions are already leading to loss of household income due to reduced economic activity, higher commodity prices and reduced access to social services About 45% of people derive their livelihoods directly or indirectly from the agricultural sector. climate change, low prices, poor road infrastructure, lack of access to finance, inadequate markets, post-harvest losses, insufficient education / knowledge, unsustainable farming systems and rural-urban migration Socio-cultural factors continue to affect women in the Agriculture

Prang Agro Resources Ghana conducts several agronomic trials to find resilient crops capable of adapting to the local environment.The company has also initiated several social initiatives such as:

Construction of boreholes for drinking water and irrigation Training in collaboration with firefighters (400 farmers)

GUINEAChallenges

The impact of the COVID-19 pandemic on food security, nutrition and livelihoods is already visible among the most vulnerable people The poverty rate is alarming, with more than 20% of households food insecure People rural areas are particularly vulnerable to food insecurity. Among those affected by severe food insecurity, 71.1% practice subsistence agriculture. The challenges include limited access to seeds and fertilizers, production and processing equipment, storage facilities, basic infrastructure and affordable financial services.

SAG (Agricultural Society of Guinea) currently focuses on:

Production of quality inputs (CK90 rice seeds) Improve the valuation of Guinean products throughout the value chain, through support to local farmers’ groups for processing, storage and marketing Build capacities support-advice, planning, management and monitoring-evaluation of actors in the agricultural sectors Implementation of Good Agricultural Practices (GAP) Promote agricultural and agro-food biodiversity, through commercial and institutional partnerships.

MADAGASCARChallenges

In 2020, due to the impact of COVID-19, economic growth slowed from forecast from 5.3% to 0.17%. Nearly 18 million people live in poverty and 5 million people are affected by recurrent natural disasters, including cyclones, floods and droughts Madagascar is the 10th worst country in the world for lagging development. The acute malnutrition rate is 6% and the chronic malnutrition rate is 42% Agricultural production remains low due to factors such as Limited access to productive agricultural assets, credit and markets Gender inequality limiting access of women and girls on the land Poor post-harvest techniques Inadequate natural resources management Lack of adequate access to markets for smallholder farmers

Agri-Resources Madagascar partners with over 600 vanilla growers to help them improve and diversify their incomes. The Company purchases the other products it manufactures and invests in processing equipment in remote locations.
Agri Resources Madagascar also has an open door policy, and in partnership with Inside Madagascar we have developed several projects for:

Agronomic training, security and education of peasant communities Preservation of traditional know-how Creation of better income-generating opportunities for peasant communities

Distributed by African Media Agency on behalf of Agri Resources Group.

Media contacts
Deyana Mincheva
d.mincheva@agri-resources.com

The post office Agri Resources Group – Promoting sustainable agriculture in response to the global pandemic appeared first on African Media Agency.


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