In Summary
- Accelerated growth is essential if African citizens at all levels are to achieve the AU’s aspiration of prosperity.
- Investments in agriculture will ensure much more than feeding two billion Africans by 2050, a crucial goal in its own right.
- It will also provide employment and generate economic growth – jobs and income – for Africa’s citizens.
Heads of State and Government of the African
Union met in Malabo, Equatorial Guinea this week to reinforce their
commitment to move Africa towards integration and prosperity by
transforming agriculture.
Meeting on the theme, “Transforming Africa’s
agriculture for shared prosperity and improved livelihoods through
harnessing opportunities for inclusive growth and sustainable
development,” this summit was significant, being held in 2014, the
AU-declared Year of Agriculture and Food and Nutrition Security.
During the Summit, African leaders were expected
to recommit to the principles and values of the Comprehensive Africa
Agriculture Development Programme (CAADP) to sustain the growth momentum
and fundamentally transform agricultural and rural economies by
unleashing the potentials of inclusive agro-industries and agribusiness
development.
Africa’s leaders are requested to commit to bold
new targets to be achieved by the year 2025. These will include
eliminating hunger and improving nutrition; doubling agricultural
productivity, reducing poverty by half through agriculture, creating job
opportunities for Africa’s youth and women through inclusive
value-chain development, and improving resilience of households.
It will also include practical steps to empower
Africa’s mainly female agricultural workforce, through access to land,
extension services, markets and infrastructure.
But even though their collective pledge is
important, it is now more imperative than ever to act bolder and faster.
Ten years after CAADP’s adoption, and despite strong economic growth in
Africa for more than a decade, the agricultural annual growth in most
countries is still below their 6 per cent target.
Accelerated growth is essential if African
citizens at all levels are to achieve the AU’s aspiration of prosperity.
Investments in agriculture will ensure much more than feeding two
billion Africans by 2050, a crucial goal in its own right.
It will also provide employment and generate
economic growth – jobs and income – for Africa’s citizens. Appropriate
public spending will also accelerate investment by the private sector.
It is intended to significantly and sustainably improve nutrition on the continent by 2025.
The critical importance of agriculture for
economic growth, the eradication of poverty and achieving food and
nutrition security is uncontested.
It accounts for over one-third of the continent’s
GDP and export earnings, and employs over 60 per cent of the population.
It is still the single most important productive sector in most
low-income countries, both due to its share of GDP and the number of
people it employs.
It also has the potential to be the continent’s
solution to long-term social and economic development concerns of youth
unemployment, gender inequality and climate change adaptation, major
issues facing every African country.
Unfortunately, youth participation in this sector
is actually declining, despite the fact that they account for 60 per
cent of all Africans unemployed — a staggeringly high rate.
By 2025, it is estimated that 330 million young Africans will have entered the labour market, and will be looking for jobs.
This bulging population of increasingly educated
youth, including young women, is eager to engage in innovative and
gainful entrepreneurship and employment.
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