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Monday, 05 December 2011 21:07

Winners of Investor's Agribusiness Investment Awards 2011

CAPE TOWN, South africa, December 05, 2011 (TradeInvest) - Africa investor (Ai) has announced the winners of its 2011 Africa investor Agribusiness Investment Awards, which recognise achievements across the main agriculture sectors, and reward the personalities that are transforming the agribusiness investment climate.

 

Standard Bank was recognised for its continuing efforts in the agribusiness sector, and was awarded Structured Trade Finance Deal of the Year for its initiative to provide US $100-million to farmers in Uganda, Ghana, Mozambique and Tanzania.

 

African Trade Insurance Agency walked away with Export Credit Initiative of the Year, while the Development Finance Initiative of the Year went to the Industrial Development Corporation for investing $30-million in Agribank, Zimbabwe.

 

South African paper giant, Sappi was awarded Agro-processing Initiative of the Year.

 

Agribusiness Investment Initiative of the Year went to Phatisa for its innovative approach to supporting the development of the agribusiness sector across Africa.

 

Phatisa is being honoured for their establishment of the $100-million-plus African agriculture fund (with key development finance institutions), which encompasses a much needed facility for technical assistance and SME-led projects.

 

Trade Finance Bank of the Year was awarded to African Export-Import Bank and Agricultural Commodities Initiative of the Year was awarded to the Ethiopia Commodity Exchange (ECX), which has pioneered the way forward for other African commodities exchanges.

 

Uganda's Presidential Initiative on Banana Industrial Development was recognised with Biofuels casino pokies Initiative of the Year, and Agricultural Development Bank of Ghana was awarded with Agribusiness Development Bank of the Year.

 

Futuregrowth Asset is the Agribusiness Fund of the Year.

 

South Africa's Tina Joemat-Petterson, was awarded African Minister of Agriculture of the Year for her investment efforts to drive agricultural investment and development in the country.

 

Commenting on the Awards the CEO and vice chairman of Africa investor, Hubert Danso said: “Private sector innovation and partnerships are critical to developing investable agribusiness transactions and stimulating job creation. We are delighted to have received such great interest in these awards from both public and private sector institutions, committed to showcasing their success stories. The calibre and innovation of the winning individuals and institutions will go a long way towards establishing African agriculture as an internationally competitive investable asset class.” (END)

 

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