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CTA. 1993. AFRAND. Spore 47. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/49240
The Board of Trustees of the Research and Development Forum for Science-Led Development in Africa (RANDFORUM) have launched a Research and Development fund to finance science and technology by providing seed and venture capital to convert promising...
The Board of Trustees of the Research and Development Forum for Science-Led Development in Africa (RANDFORUM) have launched a Research and Development fund to finance science and technology by providing seed and venture capital to convert promising research results into technological products and social services. This followed an evaluation conference held on 19 and 20 May 1993 in Nairobi. The conference discussed the rationale and objectives of the foundation, funding, governance and management, as well as the implementation schedule for the African Foundation for Research and Development (AFRAND). AFRAND will not support basic research per se. Its mandate will lie principally in the transformation of R & D results into key technological products and social services needed by Africa. It will therefore be demand-driven, based on the awareness that in the past the development and growth of nations depended on their natural resources capital and labour. Today, the main basis of development and growth is technology and management. AFRAND is an organization whose function is to ensure availability of funds to enable scientists to perform in Africa to bring about the essential interface`between research, industries and development and to support, enhance and encourage existing institutions and facilities to coordinate grants so as to optimise efforts and production and avoid wasteful duplication of effort. RANDFORUM PO Box 49849 Nairobi KENYA