Front View of AgroServ New Factory
The Team Leader of UKaid/DFID-funded West Africa Food Markets Programme on 12th January 2018, joined the President of Burkina Faso, H.E. Roch Marc Christian Kabore, H.R.H Prince Albert of Monaco and other dignitaries to inaugurate AgroServ Industrie Maize Factory in Ouagadougou, Burkina Faso.
The President of Burkina Faso expressed satisfaction with the contribution of UKaid/DFID through West Africa Food Markets Programmes, in supporting four enterprises in Burkina Faso (two seeds producers – FAGRI and NAFASO and two maize processors – AgroServ and ADS Burkina). He welcomed these contributions to agricultural development at a time of great challenges for the country in the areas of development and security.
Dignitaries at AgroServ Factory Launch-President of Burkina Faso, H.E. Kabore seated in the middle with H.R.H Prince Albert of Monaco to his right.
AgroServ is a beneficiary grantee of UKaid/DFID-funded West Africa Food Markets Programme (WAFM). WAFM, which is implemented by the Palladium Group, aims to get more staple food produced and traded in regional markets in West Africa to foster prosperity and security. AgroServ received a grant from WAFM to undertake construction of two storage warehouses; purchase agricultural equipment (tractors, motor pump, and shellers); purchase two mobile corn pre-cleaning lines; as well as support its management of agricultural extension agents to provide extension support to AgroServ’s outgrowers.
AgroServ’s business model involves an integrated value chain development approach whereby it provides agricultural inputs and support services to a network of over 3000 smallholder farmers. At harvest, AgroServ buys maize from its network of farmers and processes the maize into flour, semolina and chips which are marketed in Burkina Faso and cross-border in Ghana, Niger and Nigeria.
Other dignitaries at the inaugural event included: the Prime Minister, President of the National Assembly and President of the Constitutional Council of Burkina Faso as well as the Ministers of Agriculture; Foreign Affairs; Economy and Finance; and Commerce and Industry.
HRH Prince Albert of Monaco who was at the inaugural ceremony, representing the Government of Monaco, was favourable to future cooperation between the Monaco Development Programme and WAFM in both Burkina and Niger. The international development policy of the Government of Monaco, each year provides support to more than 130 projects in 12 countries, primarily least developed countries including Mali, Burkina Faso, Niger, Mauritania and Senegal in West Africa
The First Secretary of the Danish Embassy in Burkina Faso also offered to cooperate on financing agro-industrial initiatives, and the Danish Government has started a fund to support this initiative.
Prince Albert of Monaco attended the event on hehalf of the Monaco Development Authority