GLOBAL Alliance for Improved Nutrition (GAIN) is co-hosting the first ever investment on nutrition conference that starts here today, attracting donors, businesspersons, governments and investors.
Former President Dr Jakaya Kikwete is among the key speakers to the meeting that seeks to make healthier food choices more affordable, available and desirable to curb malnutrition that remains prevalent in Sub-Saharan Africa.
The meeting's Media Coordinator, Ms Ishara Callan said here yesterday that the forum offers the platform for bold, fresh and holistic ideas to develop the food value chain and the role that the private sector can play in enhancing nutrition in Africa.
Besides GAIN, other hosts of the historic conference are Royal DSM, SUN Business Network and African Business magazine.
The Ministry of Foreign Affairs of The Netherlands, with strong representation from Non- Governmental Organisations (NGOs) and the private sector, business leaders and key players in agriculture, development, academic communities and investors, is supporting the initiative.
The forum will avail investors with opportunities to connect with investment openings in high impact nutrition businesses as well as exchange knowledge, share experiences, explore collaborations and spark new ideas.
Ms Callan said that a dedicated marketplace and pitch competitions will connect investors with companies and entrepreneurs that play crucial role in nutrition and food security for low income communities.
The forum will highlight many value chain points offering opportunities for profitable investment that can also help to improve nutrition across the continent.
GAIN Director of Food Policy and Financing Greg Garret said it is an opportune time to campaign for nutrition, which is not about quantity but quality and engaging markets to ensure what is produced and supplied is best for consumers.
GAIN Director (Canada) Dominic Schofield said the alliance is out to convince stakeholders that more has to be done to adhere to the right health systems, charging that non-communicable diseases were on the rise due to misuse of food whose nutrients are crushed out in different ways by producers, suppliers and consumers.
A significant proportion of household expenditure is on food and the proportion is even higher in the poorest of households.
Among key discussion points are based on what will the African food industry look like in 2030, how Africa Food Industry could be financed and fuelling the business of nutrition