Cameroun’s Agro-Hub Wins 2016 Nestle Creating Shared Value Prize | Independent Newspapers Limited
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Cameroun’s Agro-Hub Wins 2016 Nestle Creating Shared Value Prize

Participants at 2016 Creating   Shared Value Global Forum  in Abidjan, Cote d’Ivoire
Posted: Jun 22, 2016 at 3:50 pm   /   by   /   comments (0)

Chioma Umeha

Lagos-Nestlé Central and West Africa Region (CWAR) on Wednesday announced Agro-Hub from Cameroun as the winner of the 2016 Creating Shared Value (CSV) prize.
A statement by Nestle CWAR said that Paul Bulcke, Nestle’s CEO, presented the CHF 300,000 prize to Agro-Hub at the Creating Shared Value Global Forum 2016 in Abidjan, Cote d’Ivoire.

Agro-Hub merited the prize based on its contribution toward enhancing the livelihoods of Africans in Cameroun and beyond.
The statement quoted Kais Marzouki, Market Head for Nestle CWAR as saying, “Agro-Hub has successfully linked smallholder cassava farmers to markets, providing them with opportunities to generate significant and sustainable income.
“We are proud that the winner of this year’s prize is from our region and will continue to enhance the livelihoods of Africans in Cameroun and beyond,’’ Marzouki is quoted as saying.
Agro-Hub , an agricultural production and marketing agency based in the south-west of Cameroun , is working to help small-scale farmers gain access to sustainable markets.
It had built a small, integrated factory to transform cassava into starch and `garri’, a type of tapioca and sells it to its network of consumers through its own fresh food store, Agro-Mart.
The statement said that Natural Extracts Industries, a social enterprise from Tanzania, was the runner-up; it received CHF 200,000 for pioneering the sustainable extraction of vanilla in Tanzania.
According to it, the two finalists were selected from a group of 450 applicants by the Nestle CSV Council, along with nine independent experts as well as nine Nestle internal experts.
This is the fourth time that Nestle has awarded the CSV prize.
The company would be opening the application process for the next competition in 2017; it will look out for innovative businesses or social enterprises in the areas of nutrition, water and rural development.