Renowned Kenyan promoter for economic reform in Africa advises on social business initiative
(Hamburg, 12 May 2011) James Shikwati, known for his criticism of classic development aid, has joined the Board of Trustees of the Aid by Trade Foundation. The founder of the Kenyan Inter Region Economic Network supports the Foundation’s innovative development approach: the Aid by Trade Foundation does not transfer any financial resources to Africa but helps people to help themselves through the Cotton made in Africa initiative.
The Aid by Trade Foundation has recruited the Kenyan market economist James Shikwati to its Board of Trustees. “I support the Foundation’s initiative to offer an opportunity to African smallholder cotton farmers to connect to global markets,” he says. “I believe that those who want to help Africa should trade with the continent and support value added production there.”
Members of the Board of Trustees of the Aid by Trade Foundation include leading international figures from environmental associations, the public sector and private business. Chaired by Michael Otto, it ensures the long-term pursuit of the Foundation’s overarching aims of improving the social situation in Africa and promoting environmental protection.
The Aid by Trade Foundation
The Aid by Trade Foundation was founded in 2005 by Michael Otto, Hamburg industrialist and chairman of the supervisory board of the Otto Group, and has operated since then as an independent foundation within the Otto Group. Its aim is to help people to help themselves through trade and to safeguard the viability of future generations in Africa. Cotton made in Africa is the first initiative by the Foundation to put aid by trade into practice.
Aid by Trade Foundation c/o Weber Shandwick
T: 0221 – 949918-36
For more information, visit: http://www.cotton-made-in-africa.com/en/the-foundation/board-of-trustees.html
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