african governments urged to scale up investments in agriculture
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

African governments urged to scale up investments in agriculture

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice African governments urged to scale up investments in agriculture

The final outcome declaration from the Private Sector Forum
Kigali - XINHUA

African governments have been advised to scale up investments in the agriculture sector to enhance productivity and ensure food security on the continent.
These were the remarks made at the opening of the second African Union Private Sector and Agribusiness Forum in Kigali, on Thursday.
Rhoda Peace Tumusiime, the Africa Union Commissioner in charge of Rural Economy and Agriculture said the initiative must be done in a more inclusive and sustainable manner.
The two-day annual conference brings together more than 100 agronomists, policy makers, business leaders, farmers and development partners from across Africa.
It is expected to lay a concrete foundation for the transformation of agriculture across the content.
Tumusiime noted that doubling agro productivity will transform the continent's economic growth.Agro business, she said, is poised for global growth; however, both public and the private sector must complement each other for Africa to benefit from this growth.
"More resources will have to be extended to women and youth along the value chain to enable them to transform the sector," Tumusiime said.
African governments are spending more than 40 billion U.S. dollars annually on food importation and yet food can locally be produced on the continent.
"If we are to take agriculture as a business, it has to be well funded and streamlined from a multi-sectoral perspective," she added.
As part of the sustained Comprehensive African Agriculture Development Program (CAADP), the African Union Commission has spearheaded efforts to engage the private sector in identifying opportunities for their increased participation in agricultural value chains in Africa.
"We have also highlighted and underscored the need to strengthen private sector participation in the program as part of expansion and strengthening agribusiness in African agricultural value chains," said Tumusiime.
Rwanda's Agriculture minister, Gerardine Mukeshimana, said there is need to turn the sector into a market oriented entity through increased resource mobilization.
"We must do more to connect farmers with buyers through rural infrastructure development, technical training and most importantly scale up our budget allocations to the sector for sustained economic growth," she said, adding that agro business will grow faster only if the private sector takes a leading role.
Mukeshimana said Rwanda was the first country to sign up for CAADP, and more than 10 percent of the national budget goes to agriculture in order to stimulate its growth.
In Africa, agriculture employs more than 80 percent and contributes 20 percent of the continent's total exports and more than 40 percent total GDP.
In Rwanda, the sector grew by 5 percent and contributed 1.5 percentage points to the overall Gross Domestic Product growth during the second quarter of 2014.
Overall, the entire sector which employs about 80 percent of citizens contributed 33 percent of the country's economic growth.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

african governments urged to scale up investments in agriculture african governments urged to scale up investments in agriculture

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

african governments urged to scale up investments in agriculture african governments urged to scale up investments in agriculture

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 12:06 2017 Sunday ,22 January

LatAm wary about Trump impact

GMT 11:09 2017 Thursday ,28 December

North Korea denies role in WannaCry ransomware attack

GMT 13:25 2016 Thursday ,29 September

Olympics: Tokyo eyeing drastic overhaul as costs surge

GMT 05:32 2018 Friday ,19 January

To develop oil fields retaken from Kurds

GMT 13:14 2016 Friday ,16 September

Civil War hero US South still cannot embrace

GMT 14:24 2012 Monday ,20 February

Adele fights back

GMT 03:30 2015 Thursday ,25 June

Glastonbury gates open to music revellers
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice