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CNBC

How to solve the $3 trillion global economic problem of hunger

CNBC · Just In
CNBC
CNBC
Just In

Wawira Njiru, founder and CEO of Food4Education, which provides meals to schoolchildren in Kenya, on how to tackle the global issue of hunger, and scale a business from local communities up.

Breakdown
  • The organization goes beyond traditional food aid, aiming for a self-sustaining ecosystem that involves parents and shifts mindsets. 8s
  • Hunger is described as a $3 trillion global economic problem, with Africa losing 16.5% of its GDP annually due to hunger. 26s
  • The 'school feeding economy' model uses blended finance: parents pay a subsidized amount, governments match funding, and philanthropy covers gaps. 48s
  • Local smallholder farmers supply over 100 tons of ingredients, integrating community members into the supply chain. 1m 41s
  • Suppliers like Mary have experienced significant business growth, expanding from delivering by motorbike to operating 65 trucks. 2m 28s
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