The African
Development Bank (AfDB) has disclosed that the Feed Africa initiative will
drive transformation of African Agriculture into a globally competitive,
focuses on four goals to be delivered by 2025, reports NaijaAgroNet.
These four
goals, NaijaAgroNet gathered include to end extreme poverty, eliminate hunger
and malnutrition, make Africa a net exporter of agricultural commodities and
attempt to move to the top of key agricultural value chains.
AfDB also revealed
that these four goals have appendage of aspirations comprising that for the
continent to end extreme poverty, there must be corresponding contribution
towards alleviating poverty though job creation and providing sustainable
livelihoods, while targeting to lift some 130 million out f extreme poverty by
2025.
The second
goal of Feed Africa, NaijaAgroNet reports, centres on eliminating hunger and
malnutrition tend to bring forth food security for all Africans that are ‘undernourished’
even as the goal targets zero hunger and malnutrition before the end of next
nine years.
On the third
goal, AfDB informed that making Africa a net exporter of agricultural
commodities will be ambitiously matched by eliminating large scale imports
of commodities that could be produced in Africa, and selectively begin to
export, such that Africa’s target will be to net trade balance in the billions
of dollars.
Whereas the
fourth goal, NaijaAgroNet reports is to move the continent to the top of key
agricultural value chains, by becoming Number 1 in either processing or the
overall value chain, by market share and by value addition, thereby positioning
Africa’s share of the market value for processed commodities to about 40 per
cent, for instance with cocoa grinding.
In addition,
NaijaAgroNet learnt that Feed Africa is to further turn agriculture into inclusive
and business-oriented sector that creates wealth, generates gainful employment,
and improves quality of life.
Thus, Feed
Africa echoes the commitments made under the Comprehensive African Agricultural
Development Program (CAADP) as articulated in the Maputo (2003) and the Malabo
(2014) Declarations.
