Managing Director of CFC visits the Embassy of Yemen

Ambassador Sheikh Mohammed Belal, Managing Director of the CFC, met with H.E. Ms. Sahar Ghanem, Ambassador of the Republic of Yemen to the Kingdom of the Netherlands, at their Embassy in The Hague, to apprise Ambassador Ghanem on the ongoing and future activities of the CFC for alleviation of poverty.

Ambassador Belal, while sharing the basics of the CFC’s structure and working process, also shared insights on how innovations in agriculture, which, in his views, are in abundance in the Netherlands and in the region, are being used in the implementation of CFC’s projects.  Ambassador Belal also shared with Ambassador Ghanem stories from CFC’s projects where new innovations have been incorporated to bring higher productivity.  Ambassador Belal also elaborated on how a project led by a woman entrepreneur in Africa has been able to provide much-needed nutrition for children. The realization of nutrition security is perhaps a stark lesson of this pandemic that we all have been sadly going through. They also discussed other innovations that the CFC is either implementing or contemplating to implement in the near future.

During the discussion, Ambassador Belal further informed Ambassador Ghanem of the approval of the recently concluded 33rd Governing Council to formulate the CIIF (Commodity Impact Investment Facility). The facility, which is now in the legal process, will be a public-private partnership fund to invest in commodity value chains in developing countries for advancing the Sustainable Development Goals.

Ambassador Ghanam expressed satisfaction at the workings of the CFC and hoped that the good work of CFC shall also, in the future, extend up to her own country – the Republic of Yemen.

Ambassador Belal assured to pursue more innovative outreaches in the days to come to make the services of CFC available to as many people as possible in the commodity-dependent developing world, with a heightened sense of innovations and creativity.