WASHINGTON--(BUSINESS WIRE)--Apr. 8, 2015--
CNFA and GSI Group have launched a strategic partnership aimed at
promoting food storage and protein production systems as a critical way
to improve farm productivity and food security. This partnership will
notably strive to significantly reduce the multi-billion dollar food
losses that occur yearly due to insufficient and inadequate post-harvest
infrastructures in Sub-Sahara Africa. It will also leverage CNFA’s close
proximity to thousands of smallholder farmers in Africa with GSI’s
cutting-edge, scalable technologies for grain and perishable storage.
GSI, a global brand of AGCO, is a world class manufacturer of grain
storage, material handling, conditioning and drying equipment, as well
as a full line supplier of swine and poultry production equipment. GSI
Group, LLC President Tom Welke and CNFA President and CEO Sylvain Roy
released the following statement:
“This partnership has the potential to dramatically improve smallholder
farmers’ incomes and nutritional status by reducing their post-harvest
losses. An alliance between CNFA - a premier agricultural non-profit
development organization - and GSI - a world-class agribusiness company
- demonstrates how working together and merging our collective years of
experience, can result in new and innovative approaches to address food
losses. We believe that our partnership can significantly impact
millions of rural households’ food security and help strengthen the
local economy.”
CNFA and GSI are currently developing solutions and technologies to be
introduced in the near future. Among the most promising innovations will
be the introduction of a village-level, solar-powered cold storage for
perishables that will allow smallholder farmers to reduce waste and
losses, while improving their access to new and existing markets.
About CNFA: Cultivating New Frontiers in Agriculture, an
international development organization, specializes in designing
sustainable, market-led agricultural initiatives. CNFA builds strong
local and global partnerships, incorporates innovative approaches in its
programs, and fosters inclusive development to offer enhanced
opportunities to under-served groups. Since 1985, CNFA has managed more
than $510 million in donor-funded agriculture development programs and
has worked in 42 countries across the world in Africa, Eastern Europe,
Latin America and the Caribbean, the Middle East, and South and Central
Asia. For more information, visit www.cnfa.org.
About AGCO: AGCO (NYSE: AGCO) is a global leader in the design,
manufacture and distribution of agricultural machinery. AGCO supports
more productive farming through a full line of tractors, combines, hay
tools, sprayers, forage equipment, grain storage and protein production
systems, seeding and tillage implements and replacement parts. AGCO
products are sold through five core machinery brands, Challenger®,
Fendt®, GSI®, Massey Ferguson® and Valtra® and are distributed globally
through a combination of approximately 3,100 independent dealers and
distributors in more than 140 countries. Founded in 1990, AGCO is
headquartered in Duluth, GA, USA. In 2014, AGCO had net sales of $9.7
billion. For more information, visit www.AGCOcorp.com
and www.gsiag.com
Source: AGCO
CNFA
Jessie Lowry, 202-296-3920
Director of Communications
jlowry@cnfa.org
or
AGCO
Rebecca
Fabian, 646-415-8518
Senior Consultant Instinctif Partners
Rebecca.Fabian@instinctif.com