Business A.M
No Result
View All Result
Sunday, October 18, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home Companies

Heifer International maintains commitment to support African smallholder farmers

by Admin
January 21, 2026
in Companies

By Cynthia Ezekwe

In  line with the United Nations Sustainable Development Goals (SDGs), Heifer International has reaffirmed its commitment to facilitate 10 million smallholder farmers globally, and elevate them into economic self-reliance by 2030.

Surita Sandosham, Heifer’s new president and CEO, disclosed this during a recent visit  to  Heifer International’s operations in Africa.

Sandosham’s visit to Africa gave her an opportunity to discuss with African  team members at the regional headquarters in Lagos, where she  shared her vision and expressed her delight  for the work Heifer Africa is doing in the region

 The CEO also reaffirmed  Heifer’s commitment to work with the  youths  to transform Africa’s food systems, as well as working alongside smallholder farmers, producers, cooperatives and others to ensure sustainable agricultural interventions.

Addressing the  stakeholders, Sandosham said, “Heifer believes that smallholder farmers hold the key to transforming Africa’s food insecurity. With food importation across Africa averaging over $43 billion annually. We believe that access to finance, access to innovation, access to infrastructure and access to training, can increase food production and strengthen local food systems, reducing vulnerability to climate shocks and long-term dependency on imports.”

As part of her trip to Africa, Sandosham also visited Heifer’s country operations in Rwanda where  she met with  Geraldine Mukeshimana, the Rwandan minister of Agriculture and Animal Resources (MINAGRI), development partners, and other key stakeholders to discuss the progress of Heifer Rwanda partner projects and explore other potential collaborations in the country.

 “It has been a pleasure visiting Heifer’s country operation in Rwanda, meeting with the regional team and other key stakeholder partners in our mission to end hunger and poverty in Africa,” said Sandosham.

She also remarked that  Heifer has been in Africa for the last 48 years, working with both government and development partners to enable smallholder farmers and farming communities to build successful businesses, drive self-reliance and improve their living income.

 “It was inspiring to see that the passion to make this a reality is palpable across the Heifer Africa region and our partners. Through the Heifer programs currently running in Africa, it is clear that we remain resolute in our mission to uplift smallholder farmers and their communities out of poverty,” she added.

Speaking on the CEO’s visit to the region, AdeIfedi suwa, Heifer International senior vice president for Africa Programmes, noted that the CEO’s visit to the region and meeting with the partners and key stakeholders, was critical to restating its position that for Africa’s food systems to thrive, the combination of interventions and partnerships at all levels is needed.

According to her, the  strategic goal for the  region in the next eight years is to assist more than six million farmers to reach a sustainable living income by 2030, through strategic private and public sector partnerships to reach transformational scale.

She further reaffirmed the organisation’s  unwavering  mission and work to build resilience in agriculture which is  a major sector for Africa’s food security, workforce and economy to flourish.

Heifer International has worked with more than 39 million people around the world since 1944 to end hunger and poverty in a sustainable way. It has also worked with rural communities across Africa for 48 years, where it supports  farmers and local food producers to strengthen local economies and build secure livelihoods that provide a living income.

Admin
Admin
Previous Post

Access Bank strengthens commitment to upskill  African youths

Next Post

Over $700m  agro-produce from Africa lost to rejection in European market, says Afreximbank

Next Post

Over $700m  agro-produce from Africa lost to rejection in European market, says Afreximbank

  • Trending
  • Comments
  • Latest

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025
MMA2 enters new commercial era after 20-year concession dispute

MMA2 enters new commercial era after 20-year concession dispute

August 28, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Rivers, China's CNCECC sign deal for $3.5bn methanol, fertiliser plant

Rivers, China’s CNCECC sign deal for $3.5bn methanol, fertiliser plant

October 17, 2026
Methane rules spread across 67% of global production as Nigeria faces compliance test 

Methane rules spread across 67% of global production as Nigeria faces compliance test 

October 17, 2026
Onafriq, a pan-African payments company, is set to discontinue its Baxi agent banking business in Nigeria after five years, citing naira depreciation, rising operating costs and intensifying competition that have weakened the segment’s profitability. The planned shutdown will affect the agent banking operations conducted through Baxi under Onafriq Nigeria Payments Limited. However, the decision does not signal the company’s withdrawal from Nigeria, as it intends to retain its cross-border payments network and card issuing services in the country. In a statement, Onafriq said changes in Nigeria’s operating environment since 2024 had significantly altered the economics of its offline agent banking business, making the existing model unsustainable. The move marks a strategic shift for the company, which entered Nigeria’s agent banking market to expand access to financial services through a network of agents providing transaction services outside traditional bank branches. Onafriq attributed the decision to a combination of macroeconomic pressures and structural changes in the country’s payments industry. According to the company, naira depreciation and inflation have affected transaction volumes, increased operating expenses and undermined the sustainability of its agent banking operations. The growing adoption of instant account-to-account transfers has also changed the mix of transactions handled by agents, while heightened competition among payment service providers has put further pressure on margins. These developments have made it increasingly difficult for the business to remain viable under its existing operating structure, prompting the company to reassess its long-term strategy. Dare Okoudjou, founder and chief executive officer of Onafriq, said the decision to close the business was difficult, particularly given the efforts of employees, agents and business partners who helped build the Baxi network. “We entered Nigeria with conviction and commitment, but did not achieve the outcome we set out for. Closing this business was a difficult decision to arrive at, one that affects colleagues, agents, and business partners across Nigeria who poured their hearts and soul into building out the Baxi network,” Okoudjou said. Despite the closure, he reaffirmed the company’s commitment to the Nigerian market, noting that the group would continue to serve customers through its payments network and card issuing operations. Onafriq entered Nigeria’s agent banking market in 2021 through the acquisition of Baxi, also known as Capricorn Digital Limited. The company said it continued investing in the business through 2023, with efforts focused on expanding and strengthening its agent network. However, a subsequent review of the business’s long-term prospects and financial sustainability led to the decision to wind down the operation. As part of the transition, Onafriq said agents onboarded through the Baxi platform had been moved to another principal bank, a step intended to facilitate continuity for the affected agents. The company has also directed agents to transfer their funds to their preferred principal bank within 30 days, adding that its teams would provide support throughout the transition process. Employees whose roles are linked to the agent banking business will also be consulted and supported during the wind-down, with Onafriq pledging to treat affected workers fairly.

Onafriq winds down Baxi as Nigeria’s agent banking economics worsen

October 17, 2026
LCFE links petroleum trading to capital market in pricing transparency drive

LCFE links petroleum trading to capital market in pricing transparency drive

October 17, 2026

Popular News

  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • MMA2 enters new commercial era after 20-year concession dispute

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Rivers, China's CNCECC sign deal for $3.5bn methanol, fertiliser plant

Rivers, China’s CNCECC sign deal for $3.5bn methanol, fertiliser plant

October 17, 2026
Methane rules spread across 67% of global production as Nigeria faces compliance test 

Methane rules spread across 67% of global production as Nigeria faces compliance test 

October 17, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M