
PROJECT
INFORMATION
Geography
Focus Areas
Contact
Milos Milovanovic
Keywords

Geography
Focus Areas
Contact
Milos Milovanovic
Keywords
Private agribusiness companies working with the EBRD and FAO are creating opportunities for young entrepreneurs to transform value chains across the Middle East and North Africa (MENA) region and Türkiye to be more sustainable and inclusive through innovation.
The EBRD and FAO are carrying out pilot activities in collaboration with two private sector partners: Migros Ticaret A.Ş. in Türkiye and Savola Foods Company in Egypt to stimulate youth innovation and investment in digital technologies. The pilot project was launched at the 2022 World Food Forum.
Keeping pace with rapid advances in technology and having the capacity to deploy them in agribusiness is a challenge for emerging and developing countries including in the EBRD’s countries of operation. Added to this, are global efforts to ‘build back better’ in the face of recent crises that have highlighted vulnerabilities in our food systems.
Meeting new challenges requires new thinking which is the motivation behind this initiative to:
The project team is hosting this session at the World Food Flagship Forum 2023 on 17th October to explore aspects of open innovation and how the private sector can leverage this while collaborating with different stakeholders. There will be lessons drawn from the pilot project as well as representation from winners who will share their experiences.
Migros:
Winners
The three winning teams that participated in the experiential study in Türkiye were Aldeha, FreshSens and Görsentam.
Savola:
Winners
The two winning teams were from the American University of Cairo and the University of Rwanda who won USD 10,000 and USD 5,000 respectively.