Business
Agric Investment Most Effective Poverty Eradication Method – IFAD President
Investing in agriculture is the most effective way to eradicate poverty in Africa, says, Dr Kanayo Nwanze, the President, International Fund for Agricultural Development (IFAD).
Nwanze made this assertion in a statement issued in New York on Monday.
He was quoted in the statement as saying that increasing investment in agriculture was essential to achieving the Millennium Development Goals (MDGs).
“Investments in agriculture are more effective in lifting people out of poverty than investments in any other sector.
“They not only drive economic growth and set the stage for long-term sustainable development, they pay high dividends in terms of quality of life and dignity for poor rural people.
“The experience of IFAD has shown that agriculture is a business, and our business is to make sure smallholder agriculture is profitable so that rural communities can thrive.”
Nwanze is expected soon at Addis Ababa for the Joint Annual Meeting of the African Union Conference of Ministers of Economy and Finance.
According to the statement, the IFAD President will, at the meeting, share his vision for ensuring that smallholder farmers are at the centre of any plan for post-2015.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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