Shea Alliance, USAID Partner On Shea Market Dev
L-R: Managing Director, Fortis Micro Finance Bank, Mr Tiko Okoye, Chairman, Board Of Directors of the Bank, Mr Felix Achibiri and Company Secretary, Mrs Wandoo Aibangbee, at the 2015 Annual General Meeting of Fortis Microfinance Bank in Abuja, recently
The Global Shea Alliance and the United States Agency for International Development (USAID) have signed a $13 million, five-year agreement to promote shea markets worldwide and improve sustainable production in Africa.
Under this Global Development Alliance, at least, 40 warehouses will be constructed in Nigeria and 40 women’s groups will be formed and trained to manage the warehouses for shea collection and processing.
In a statement made available to The Tide, yesterday, the US Embassy in Nigeria quoted President, Global Shea Alliance, Moumouni Konate, as saying: “The shea industry is changing and companies, governments, and donors are investing more in sustainable production and improving the benefit to 16 million women collectors and processors.
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