PRESS RELEASE
FOR IMMEDIATE RELEASE
CONTACT:
Ketline Adodo; kadodo@ifdc.org

DATE: February 27, 2003

IFDC Africa Inaugurates the AFAMIN Website

The African Agricultural Market Information Network (AFAMIN) was established in Lome, Togo during October 2002.

AFAMIN is a network and a website that provides a structure capable of locating, collecting, processing, and disseminating agricultural information in Africa and the entire world.  It provides vital information including local and world prices, local tenders, market trends, productions, stock levels, and movements of agricultural inputs and outputs.  It also provides a directory of about 3,000 contact addresses of various actors (importers, producers, suppliers), and it serves as a forum of self-promotion for associations, networks, and interested institutions.  AFAMIN currently involves six countries:  Benin, Burkina Faso, Ghana, Mali, Nigeria, and Togo.

The official launching of www.afamin.net occurred on December 4, 2002, in Lome.  The launching ceremony gathered about 180 guests that represented “the fertile triangle”—farmers and their organizations, the private sector, and the public sector.  “I am very pleased to see the private sector, which creates wealth, and the civil society, which is a guarantee for the distribution of this wealth,” said Marc Atouga, director of agriculture of the West African Economic and Monetary Union (UEMOA) and chairman of this session.

How to create wealth was the central issue during this one-day event. “The challenge for African States is to set up mechanisms that enable them to take better advantage of market opportunities opened by the liberalization process in order to finance their development efforts,” said Yayi Boni, president of the West African Development Bank (BOAD). “AFAMIN belongs to the category of initiatives that BOAD encourages in order to create favorable conditions to increase the wealth produced and distributed within the sub-region.”

David Latevi Lawson-Atutu, officer in charge of the database at the National Office of Agricultural Statistics presented Togo’s web page. “A network of 18 enumerators trained by IFDC feed the systems. Every month, data including prices and availabilities are collected among 78 dealers who handle seeds, fertilizers, and small materials throughout the entire country.”

Many participants were eager to know the minimum funding needed to link to AFAMIN network.  “IFDC’s main role is to support the creation and growth of the network in member countries, but the basic principle is that each system must be self-supporting,” said Dr. Kofi Debrah, Leader of the Policy and Market Development Program.

Some are already benefiting from AFAMIN.  Stephen Danjuma Yakub-Atar, Managing Director of Alheri Seeds Nigeria, LTD, has been in the seed industry for the past two years.  He said, “Through the AFAMIN network, I have made a very interesting deal with an international agro-dealer who will supply the chemicals I need to produce seeds on loan, on a trust basis, and without a credit line; I’ll pay back six months later.”

Hamidou Diallo, Manager of Comptoir Agricole S.A. from Guinea, deals with fertilizers, seeds, crop production products, and planting materials.  Since last year, he’s made business contacts with several international operators who are interested in potato production. “This gives me the opportunity to diversify my activities, and I am very grateful for that.”

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