Asia-Africa AgriBusiness Forum 2014

 An event highlighting the major contributions of agriculture sector in the economic development of African and Asian economies, Asia-Africa AgriBusiness Forum is all set to further strengthen the economic and agricultural ties between both these continents. The event organized from Feb 04-06, 2014, by FICCI in partnership with Government of India will prove to be a great platform for entrepreneurs of both the continents to have an open discussion and enhance their agribusiness linkages.

Africa and Asia are poised as the future food baskets of the world present immense opportunities for investment and many other countries worldwide eye these two continents for their food security concerns. Having its prime focus on the imperative sector, Agriculture which is affecting most of the economies directly or indirectly the event’s main intent is to highlight the extensive role of agriculture in the growth of African and Asian economy and to catch the huge potential for productivity enhancement, R&D infrastructure development, agri education, extension system and strengthening the value chain attempting to build more agribusiness linkages between both the continents.

The three day forum will entail various programmes and sessions including B2B meetings and exhibitions aiming to tap emerging export and import markets and motivate technology transfer. Collectively, Agriculture Ministers from Asian & African countries, senior industry leaders, policy makers, Government officials, multi-lateral organizations, regional economic blocs and major funding organizations will participate in an endeavor to further develop an improved framework for greater international cooperation in the flourishing sector.

THE TIMES OF AFRICA as Media Partner would be actively participating in the prompting discussion and would be drawing out a detailed coverage on the same in the magazine. The coverage will be highlighted as a Special report in the Jan-Feb’14 issue. It is our sincere endeavor to bring into limelight the forum’s earnest rationale and spread extensive awareness on the same.

– See more at: http://www.thetimesofafrica.com/node/320#sthash.O135zHPS.dpuf

Asia-Africa AgriBusiness Forum 2014

AAAFAn event highlighting the major contributions of agriculture sector in the economic development of African and Asian economies, Asia-Africa AgriBusiness Forum is all set to further strengthen the economic and agricultural ties between both these continents. The event organized from Feb 04-06, 2014, by FICCI in partnership with Government of India will prove to be a great platform for entrepreneurs of both the continents to have an open discussion and enhance their agribusiness linkages. – See more at: http://www.thetimesofafrica.com/node/320#sthash.psJfgwUx.dpuf

India to set up $1 bn innovation fund

 

National Innovations Council Chairman

National Innovations Council Chairman

 

The Indian government has outlined a plan to set up Rs.5,000 crore (nearly $1 billion) fund to facilitate innovation and entrepreneurship, said a top official.

 

 

The government would initially contribute $20 million (Rs.100 crore) to the India Inclusive Innovation Fund. The remaining amount would come from scheduled banks, insurance companies, financial institutions, corporates, high net worth individuals as well as bilateral and multilateral institutions, said Economic Affairs Secretary Arvind Mayaram.

 


“This fund would help encourage and finance such products to boost scientific innovations that can improve the life of the common man,” Mayaram, said while addressing a seminar on innovation on behalf of Finance Minister P. Chidambaram here.

The seminar was organised by the finance ministry in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI) as part of the 46th annual meeting of the board of governors of the Asian Development Bank.

Mayaram said the National Innovation Council, which is a part of the Planning Commission, has outlined the plan of setting up of the Rs.5,000 crore fund.

The new fund is aimed to drive and catalyse the creation of an ecosystem of enterprise, entrepreneurship, and venture capital, targeted at innovative solutions for the bottom of the pyramid, Mayaram said.

FICCI president Naina Lal Kidwai emphasised on the need for greater collaborations between the government and the private sector to help promote growth and innovation.

“There is a growing conviction that breakthroughs in ideas and technology must be directed to ensuring that people from all social and economic strata, particularly those at the bottomof the pyramid, partake in the growth process,” Kidwai said.