The Nutrition Africa Investor Forum will highlight business opportunities in a largely underdeveloped market.
GENEVA, Switzerland, July 26, 2018/APO Group/ — The Global Alliance for Improved Nutrition (GAIN)– an international organisation founded by the Bill and Melinda Gates Foundation and driven by the mission of a world without malnutrition- is hosting the first-ever Nutrition Africa Investor Forum (NAIF) in Nairobi, Kenya, on October 16-17, to invite and engage private sector investors to play a key role in improving nutrition across Africa. The event is hosted in partnership with Royal DSM, a purpose-led global science-based company in nutrition, health and sustainable living recognized for its global fight against malnutrition, the SUN Business Network and African Business magazine.
The Nutrition Africa Investor Forum will highlight business opportunities in a largely underdeveloped market. From farm to fork, nutrient gaps in diets within low and middle-income markets constitute a largely untapped market worth USD$120bn. According to a recent study, no African country is expected to reach the UN target of ending childhood malnutrition by 2030. In fact, malnutrition indicators remain “persistently high” in 14 countries, stretching across from Sahel from Senegal in the west to Eritrea in the east.
This challenge needs to be addressed. GAIN argues engaging the private sector is key in addressing this issue. Nutrition-sensitive capital investments along the entire food value chain are critical to drive better availability, access, affordability — and finally — consumption of nutritious foods.
GAIN works with nearly 1,000 companies across the food value chain in Africa, but many of these cite access to capital as a challenge. At the Forum, experts will present a number of viable investment opportunities from these enterprises to venture capital funds, private equity groups, finance institutions, foundations and impact investors. The forum will showcase current and future investment potential for nutritious foods in Africa. There will also be an opportunity for the private sector and investors to discuss key challenges and discuss opportunities for unlocking greater investment in nutrition market with the instruments and vehicles that are currently available and those under development.
Lawrence Haddad, GAIN’s Executive Director, says: “One in three people in the world suffers from some form of malnutrition. Moreover, poor diet is the number one risk factor in the global burden of disease. We believe in the enormous potential of national food businesses in Africa to address this challenge by producing more affordable, nutritious foods. However, for this to happen new private investments must be unlocked for SMEs along with new policy and lending instruments. We’re aiming to help bridge this gap.”
Fokko Wientjes, Vice President Malnutrition Programs & Partnerships Royal DSM and member of the SUN Business Network Executive Committee, added: ‘Nutrition is the new asset class of a dynamic African food industry. Businesses, governments and investors don’t just have a moral case for investing in nutrition – they now have a business case too. Businesses in Africa adapt their approach as governments and consumers increasingly demand access to safe, affordable nutritious foods. Smart companies and investors will start building now the African food industry of the future, serving the African consumer of the future’.
For further information or to attend the Forum, please contact Ishara Callan at I.Callan@ICPublications.com.
For information on the Forum, please go to go to GainHealth.org/knowledge-centre/event/nutrition-africa-investor-forum
Notes to the Editor
About the Global Alliance for Improved Nutrition (GAIN)
The organisation was launched at the UN in 2002 to tackle the human suffering caused by malnutrition. Working with partners, GAIN (GAINHealth.org) aims at making healthier food choices more affordable, more available, and more desirable. Its purpose is to improve nutrition outcomes by improving the consumption of nutritious and safe food for all people, especially the most vulnerable.
About Royal DSM – Bright Science. Brighter Living.™
Royal DSM (DSM.com/corporate/home.html) is a purpose-led, global science-based company active in nutrition, health and sustainable living. DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative business solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company is listed on Euronext Amsterdam.
About the SUN Business Network (SBN)
Hosted by GAIN and the UN World Food Programme (WFP), the SBN (SunBusinessNetwork.org) mobilises business to support the Scaling Up Nutrition (SUN) Movement. At the heart of the Movement are 60 country governments across Africa, Asia and Latin America, committed to developing a multi-stakeholder approach to ending malnutrition through national action plans – including business. The SBN supports business at a global and national level to act and invest responsibly in improving nutrition with partners from government, civil society, donors and the United Nations.