About Yara

2008: Yara shows the way in Africa

Yara continues its efforts to rejuvenate African agriculture. Two major Africa-related events occurred in 2008.

In 2008, Yara continued its support of the Millennium Development Goals (MDGs) and former UN Secretary-General Kofi Annan’s call for an African Green Revolution.

The third African Green Revolution Conference, attended by Kofi Annan, President Bingu Wa Mutharika of Malawi and other key leaders, took place on Aug. 28 and 29 in Oslo, Norway. Yara International once again convened the event, this time in partnership with the Alliance for a Green Revolution in Africa (AGRA), the African Development Bank (ADB), Norad, Norfund and Rabobank.

Yara CEO Thorleif Enger, a speaker at the conference, said that “instead of standing on the sidelines pointing to all the problems, Yara is an active member of a team working to find a solution to the food security crisis."

The conference brought together more than 250 business leaders, government officials, development practitioners and African entrepreneurs to share best practices, and to develop a strategic action plan and secure commitments to ensure a lasting solution to Africa’s food vulnerability.

The Yara Prize, an annual award for outstanding achievements in African agricultural entrepreneurship, was also presented at the conference. The 2008 Yara Prize laureates were Florence Wambugu of Kenya and Victor Mfinanga of Tanzania.

In September, after prolonged efforts, Yara made a USD 60 million investment to build fertilizer terminals in two key African ports, in Tanzania and Mozambique. The flagship initiative, announced at the UN Private Sector Forum in New York, aims to improve port efficiencies for agricultural commodities and to catalyze wider agricultural growth across the region.

Speaking at the Private Sector Forum, Yara’s CEO Thorleif Enger said “Business can be a principal motor for development in the agricultural sector and Yara is focused on making new investments that have the potential to catalyze growth for years to come.”

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