Monday, 19 September 2022

AfDB Group: Strip Moringa of its stewardship of earmarked agroforestry funds for Africa now, not tomorrow

Never has the need for ensuring food security in Africa, been greater, than now - as the disruption to global supply lines for the distribution of wheat and fertilisers, caused by Putin's brutal invasion of Ukraine, has shown so starkly.

That is why Africa's most successful and innovative agripreneurs (using the social impact business model) ought to be directly empowered, by leveraging grants, from the African Development Bank Group (AfDB ).

It is for that reason that one calls for the AFDB Group to immediately strip the Banque Edmond de Rothschild Group, backed, Moringa, of its stewardship of earmarked agroforestry funds for Africa. Now. Not tomorrow. It is simply not fit for that purpose. Full stop. Case closed. Haaba.

Not only have those greenwashing washed-out French rogues-extraordinaire, exploited our byzantine system, to enable them stealth-grab B-BOVID from its brilliant, orphan-made-good founder, Issa Ouedraogo, but they have also failed, egregiously, in spectacular fashion, to distribute even a single tree seedling, to any of B-BOVID's value-chain's oil palm smallholder farmer-stakeholders, to enable them diversify their income streams, and bootstrap their way to financial independence, even as we speak. Shameful. Outrageous. Unconscionable. Unpardonable.

Genuine social impact investors operate the same high ESG standards, with a management-ethos bedrocked on ethical behaviour,  wherever in the world they operate, including even nations with endemic high-level corruption and byzantine systems.

Yet, gathered-incontrovertible-evidence of Moringa’s chicanery (including serial-falsehoods communicated to Ghanaian officialdom), available to one,  show clearly that far from being genuine social impact investors, the Banque Edmond de Rothschild Group funded Moringa, is a super-ruthless and unethical foreign investor, whose management ought to be prosecuted, individually (just like Ericsson's corrupt executives in Iraq were), for their many crimes against Issa Ouedraogo, and B-BOVID, which they are now busy milking dry, by dissipating its finances (recently purchasing brand new vehicles for the comfort of management, for example). Typical greed-filled wastrels. Enough really is enough now.

In light of all the above, the time has finally come for the AfDB Group, to move swiftly, to strip Moringa of its stewardship of earmarked agroforestry funds for Africa. Today. Not tomorrow. Full stop. Moringa is not fit for that purpose, in the slightest. Case closed. Haaba.

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