Improving Governance in Africa slide image

Improving Governance in Africa

Feed Africa Agriculture employs over 60% of the African workforce and accounts for 33% of the continent's GDP, yet Africa is the world's most food-insecure region Heavy dependence on food imports (over USD 35 billion) More than 1 in 4 Africans is malnourished Poor infrastructure Limited access to Inadequate mechanization credit, fertilizers and technology Insecure land tenure Droughts, water scarcity and famine are well-known and real 60% of arable land in the world not yet put to production is in Africa Africa's potential for agricultural production is enormous How is AfDB tackling these challenges? "Feed Africa initiative" will deploy financial resources to enable African countries to seize the opportunity to promote agriculture related industrialization Accelerate support for massive agricultural transformation across Africa to: Our Goals: Adequately feed 150 million additional people Create Lift 100 million people out of poverty Restore productivity to 190 million hectares jobs Unlock the potential of agriculture Lower Revive food prices rural areas AfDB's investment to quadruple from a current annual average of USD 612 million to about USD 2.4 billion 10
View entire presentation