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Showing posts with label Gross Domestic Product. Show all posts
Showing posts with label Gross Domestic Product. Show all posts

Monday, November 4, 2013

‘Africa’s agriculture achieves 4% growth rate’



Agriculture in Africa has experienced an average of 4 per cent annual Gross Domestic Product (GDP) growth in the last 10 years far above what obtained in the previous decades.

The Technical Adviser and Team Leader of the Comprehensive Africa Agriculture Development Programme   (CAADP)  , Mr. Keizire Boaz made this clarification at the just concluded two-day CAADP partnership platform business meeting in Abuja.

“Over the last decade, through the instrumentality of CAADP, African agriculture and food security concerns remain high on the policy agenda at national, regional, continental and global levels. This includes development partners, Civil Society, Regional Economic Communities (RECs), farmers and the private sector,” Boaz said.

He explained that the performance of African agriculture has been encouraging with annual GDP growth, and stressed that it is absolutely necessary to sustain the momentum of such positive change and development taking place in Africa well into the next decade.

Stakeholders in the implementation of CAADP framework, NaijaAgroNet confirmed gave their progress report, highlighting lessons learnt, prospects, challenges and future plan, especially for 2014 which the African leaders at their 19th ordinary session in Ethiopia last year declared as the Year of Agriculture and Food Security in Africa.

It also learnt that the year will mark ten years since the adoption of CAADP, which is an African Union initiative to accelerate agricultural growth, improve food security and strengthening the resilience of the environment in Africa.

AN/EDop


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