The African Development Bank has said there was the need for collaboration to
transform Africa’s agriculture and agribusiness in order to achieve long-term wealth creation and prosperity in the continent.
The bank’s President, Dr. Akinwumi Adesina, in his presentation yesterday in this year’s African Green Revolution Forum (AGRF), in Nairobi, Kenya, under the theme: “Seize the Moment: Securing Africa’s Rise through Agricultural Transformation”, said the role of policy in enabling publicprivate partnerships to achieve African agricultural transformation was critical.
“The African Development Bank will work with the governments of its Regional Member Countries to facilitate the creation of an enabling environment needed by local and international private sector to make the necessary investments for Africa’s agricultural transformation”, Adesina noted. Read more. Source | National Mirror
Since the launching of the first Growth and Transformation Plan, the government has given due emphasis to expanding the manufacturing sector. Besides creating large number of jobs, the manufacturing sector plays a key role in transforming the economy by creating linkage between the agriculture and industry sectors and ensuring value addition on agricultural products. Further, it also plays an indispensable role to substitute imports, attract foreign direct investment, improve foreign currency earnings and serve as a platform for technology and knowledge transfer.
The expansion of industries requires rapid expansion in the supply of energy. Accordingly, the government — through mobilization of domestic resources as well as with the support of partners — have been striving to enhancing the energy supply.
Read more. Source | Ethiopian Herald
The EAC Vision 2050 articulates the dreams and aspirations of the East African peoples and makes a commitment to what the EAC Secretariat and stakeholders will do to achieve these dreams. It follows closely on the development of the African Union Agenda 2063, which articulates the aspiration of all the people of the African continent.
The EAC Vision 2050 is an effort to consolidate momentum towards regional integration, which will position the EAC for better assimilation of the Sustainable Development Goals that have arisen from the Common African Position on the Post-2015 Development Agenda.
The EAC Vision 2050 articulates the dreams and aspirations of the East African peoples and makes a commitment to what the EAC Secretariat and stakeholders will do to achieve these dreams. It follows closely on the development of the African Union Agenda 2063 which articulates the aspiration of all the people of the African continent.