Home breadcru News breadcru Association/Org breadcru Business leaders to launch National Council of the Business Alliance Against Chronic Hunger

Business leaders to launch National Council of the Business Alliance Against Chronic Hunger

02 Jun '06
4 min read

Kiome kick-started the Kenya National Council last week, hosting a meeting of Kenyan companies such as Safaricom, National Oil Corporation of Kenya and First Africa Capital to identify practical actions such as creating workable microfinance schemes or fuel pricing opportunities for groups of small-scale farmers.

"The most exciting aspect of the National Council is that it enables Kenyan businesses to take concrete action to reduce poverty and hunger. We heard great enthusiasm for this approach," said Helena Leurent, Associate Director at the World Economic Forum and project manager for the Alliance.

At the World Economic Forum on Africa today, companies across the value chain pledged their support to the initiative: Unilever, Sealed Air, Monsanto, Pick 'n Pay, Motorola, HP, Haco Industries and Sameer Group Investments.

The Alliance will focus its initial efforts on the Siaya District in Western Kenya. "Siaya is the poorest district in Kenya. 64 percent of its inhabitants live below the poverty line of US$ 1 per day and only 23 percent have access to safe drinking water.

The district has a 24 percent HIV/AIDS prevalence rate; there is only one doctor for 96,000 people; and more than 20 percent of children die before reaching their fifth birthday," said Martha Stack, Director, Consumer Industries at the World Economic Forum.

"In many ways Siaya has been a forgotten region. But despite these grim statistics, our business leaders are committed to working with government leaders, NGOs and international organizations to build a sustainable economy in Siaya. We will help to empower the residents to lift their community out of extreme poverty."

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!