Global Shea Alliance facilitates $22.718m investment into Nigeria

Managing Director of the Global Shea Alliance (GSA) Aaron Adu has revealed that the group has so far facilitated investments worth $22,718,930 since its inception.  

Abu disclosed this at the media launch of the 2024 Annual Shea Conference, organized by the Alliance.

The 2024 conference is tagged “Bridging the Gap.”

Adu, who was represented by the Business Development Manager and Project Lead of the body, Cornelius Kakrabah, explained that under the GSA’s Sustainability Program, 116,622 women collectors and processors significantly improved their capacities, ensuring the sustainable growth of the Shea industry.

He said 5,065 hectares of Shea Parklands have been protected while 266,598 Shea and non-Shea trees have been planted.

He insisted that there is a need for the industry to evolve sustainably considering the global recognition.

According to him, the theme signifies our commitment to addressing the challenges that hinder our progress and finding innovative solutions that promote sustainability, foster collaboration, and empower women throughout the Shea value chain.

Also, the President, National Shea Products Association of Nigeria (NASPAN) Mohammed Ahmed Kontagora explained that the theme of the conference resonates deeply with the goals and aspirations of the country’s Shea industry. 

He said the sector with its vast potential not only serves as a source of natural food and personal care products but also plays a pivotal role in driving economic growth, environmental conservation, and income equality.

He said, “Over the years, our industry has envisioned a future marked by responsible parkland management, resource conservation, women’s empowerment, youth engagement, digital transformation, and expansion into new markets.

He assured that the NASPAN, along with other relevant stakeholders, is ready to actively engage in promoting sustainability within the Shea industry.