Financing agriculture tops new AU’s funding initiative – Bissi

NaijaAgroNet:

The Coordinator of the Comprehensive Africa Agriculture Development Programme (CAADP), Mr. Komla Bissi disclosed that financing agriculture and related sectors like water and environment are likely to top the initiatives to benefit from the new financial scheme of African Union Commission (AUC), reports NaijaAgroNet.

Mr. Bissi made this disclosure in an interview with NaijaAgroNet in Addis Ababa at the ongoing inaugural Conference of African Union Specialized Technical Committee on Agriculture, Rural Development, Water and Environment (STC-ARDWE) with respect to the new funding facilities of the Commission.

Though he noted that financing may not have been an easy task, especially for developing countries, but AU alongside development partners are working closely to ensure viable projects on the continent receive relevant financial supports.

He pointed out to NaijaAgroNet that the Malabo Declaration was very clear on where Africa as a continent should be headed to in order to achieved the set goals for the sustenance of the region.

He expressed optimism on the expected recommendations of STC-ARDWE to be submitted to the Council of Ministers for onward exploration in the next two days of the conference in Addis Ababa, Ethiopia.

 
Bissi further said, they are currently consulting on which element of their programmes this facility will be channeled to in line with AU and development partners’ guidelines.

+Remmy Nweke (ITRealms) in Addis Ababa, Ethiopia +CAADP NEPAD 
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Pix: Coordinator, Comprehensive Africa Agriculture Development Programme, CAADP, Komla Bissi,