To understand the entrepreneurship of Nancy Vera Adu-Gyimah
- The reason for choosing the topic
In this internship, I was more inclined to the direction of green business model research, because I am a college student majoring in agronomy and I saw Nancy Vera Adu-Gyimah on the website, an agricultural biotechnology expert. I was curious and wanted to understand her ideas, so I collected information about this outstanding entrepreneur on the AAE website and LinkedIn and presented it to you in the form of a report.
Nancy Vera Adu-Gyimah- The significance of the development of green business models
Nowadays, the green business model is no longer an unknown choice, but the choice of the people, and it is a key factor in the development of the business economy. Due to the increasing strain on the earth’s resources, environmental problems are becoming more and more serious. If companies continue to adopt traditional business models with high consumption and high pollution, they will undoubtedly die. A sustainable business model allows companies to contribute to the green development of the planet while pursuing profits. At the same time, consumer perceptions are changing dramatically. Today’s consumers are no longer just concerned about price and quality, they are becoming more enthusiastic about choosing eco-friendly products. According to the survey, more than 70% of consumers say they are willing to pay more for environmentally friendly products. In short, a sustainable business model is important not only to be responsible for the planet and society, but also to achieve long-term growth.
- Analyze the threats and opportunities faced by entrepreneurs
Nancy Vera Adu-Gyimah is an agricultural biotechnologist who previously served as a Seed inspector at the Ministry of Food and Agriculture and is passionate about sustainability and committed to promoting it. economic growth, especially in underserved regional communities. Experience spans entrepreneurship, agriculture, education and awareness-raising, including advocating for sustainable agriculture, while being a UN volunteer actively contributing to projects aligned with the Sustainable Development Goals
Africa is home to more than 1.4 billion people, but a large proportion of its population faces food insecurity. According to the United Nations, about one in five people on the continent go hungry every day. With rapid population growth and the looming threat of climate change, the pressure to ensure food security has never been greater. Nancy Vera Adu-Gyimah specializes in agricultural biotechnology, including animals and plants, and as an agricultural student, I know that some economically disadvantaged countries in Africa are more concerned about food security, and this is true. In Ghana, agriculture employs nearly half of the population and contributes about 20% to the country’s GDP. However, the industry faces many challenges: pesticide contamination, low crop yields, vulnerability to pests and diseases, and poor storage conditions, and Nancy Vera Adu-Gyimah has taken a green approach to these issues, which she has changed in several ways: 1. Higher yields of genetically modified crops: Farmers who use biotech crops such as Bt cotton or biotech corn get higher yields, which are designed to be pest resistant, reducing the need for chemical pesticides; 2. Climate-resilient crops: Drought-tolerant maize varieties are being developed to ensure that farmers can harvest even during periods of low rainfall; 3. Improved food security: As yields increase and losses decrease, farmers can feed their families and sell surplus produce, thereby increasing their incomes. However, it also presents new problems, such as the skepticism of many people about genetically modified organisms and the lack of resources for smallholder farmers to adopt new technologies.
At the same time, in Ghana, snail farming is also a big source of income for farmers, due to Ghana’s unique geographical location, located in the tropics, warm climate and high humidity, suitable for the growth of snails, and the Ghana government also has policy support for snail enterprises, and the labor force is also very rich. However, there are still problems of incomplete breeding technology and waste of breeding resources. The experts represented by Ghana have adapted measures to local conditions and taken advantage of the unique advantages of the Ghana region to establish breeding areas near the edge of forests and rivers, and cooperated with local organic farms to form a self-sufficient feed supply system, reducing costs and environmental impacts, and storing and using rainwater to achieve the use of water resources.
- Personal analysis and perception
Analyzing these issues, I also have my own thoughts and opinions that I would like to state in the report. First of all, I think the work done by Nancy Vera Adu-Gyimah is great and follows the green principles of sustainability. But there are challenges that cannot be scaled up due to high costs and public skepticism, and I think these problems can only be solved perfectly with the involvement of governments and green businesses, which requires government agencies and research institutions to subsidize farmers and train farmers to ensure that the solutions are locally relevant and widely accepted.
Agricultural biotechnology offers a promising solution. By using science to improve crop yields, build resistance to pests and diseases, and adapt to unpredictable weather patterns, this field of innovation is helping to reshape the way food is grown and consumed. Across the continent, countries are beginning to embrace these technologies: not only as a means of feeding their people, but also as a tool for economic growth and sustainable development.
The importance of green business models | Problems with the traditional way | improvements |
Planting | Pesticide contamination, low crop yields, susceptibility to pests and diseases, and poor storage conditions | 1. Cultivation of genetically modified crops 2. Cultivation of climate-resilient crops 3. Improving grain storage conditions |
Snail farming | The breeding technology is not comprehensive enough, and the breeding resources are wasted | First, with the help of geographical advantages to find a suitable breeding land 2. Cooperate with local organic farms to be self-sufficient 3. Storage and utilization of local rainwater |
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