Press Releases

10 March 2010: Abuja conference paves way for coordinated flow of investment into Africa's agribusiness and agro-industries

ABUJA, 10 March 2010 – Participants at a high-level conference that ended in the Nigerian capital today endorsed an ambitious plan to generate employment, income and food security in Africa by developing agribusiness and agro-industries.

Heads of State, Prime Ministers and Agriculture and Industry Ministers from 44 African countries, as well as heads and representatives of financial institutions and international organizations endorsed the African Agribusiness and Agro-industries Development Initiative, or 3ADI. The Initiative comprises a programme framework and associated financial modalities through which the public and private sectors can mobilize resources for investment in agri-food sector development in Africa.

“Africa can surmount the threats of the recession if we can diversify and exploit the available potentials Mother Nature has endowed us. A robust agribusiness and agro-industry sector holds the key to our economic transformation and sustainable development,” said the Acting President of the Federal Republic of Nigeria, Goodluck Jonathan, whose Government hosted
the three-day event.

It was organized by the African Union, the United Nations Industrial Development Organization, the Food and Agriculture Organization of the UN, the International Fund for Agricultural Development, the UN Economic Commission for Africa, and the African Development Bank.

To feed the world in 2050, some US$9.2 trillion in cumulative investments will be necessary worldwide. The population of Africa could by then nearly double, and reach 2 billion. Sub-Saharan Africa alone will need some US$940 billion of investment. About 66 per cent of these will be required for agribusiness and agro-industries capital outlays.

“We must exploit our resources and produce them for our local consumption and export, add value to our numerous agricultural produce and earth resources and remain competitive to overcome the global recession. This underscores the importance my administration attaches to the deliberations and resolutions which have emerged from this Conference,” added President Goodluck Jonathan.

The UNIDO Director-General, Kandeh K. Yumkella, said that “agribusiness in Africa needs to undergo a profound structural transformation and technological upgrading during the next twenty years to generate jobs and income urgently needed by Africa’s growing population”. He added that the policy environment and technological capability required for the transformation of the agri-food system were more favourable than ever.

Participants noted that some of the greatest growth potential for African agro-industry lies in small and medium enterprises. But large-scale agro-enterprises should also be promoted as they can have important poverty-reduction impacts. They said it was essential to avoid policies, such as subsidies on labour-saving technologies, that bias technology choice in favour of large-scale, highly mechanized operations that are not aligned with the prevailing factor endowments and would not be competitive with more labour-intensive operations.

Large-scale farming can contribute to food security, employment and income for many, including smallholders, the rural unemployed and the poor.  The critical policy choice is between productivity improvement on the one hand, and issues related to land ownership, environmental sustainability and food security, on the other.

African states, through the African Union, have pledged to invest a minimum of 10 per cent of budgetary resources in the agricultural sector, and the G-8, meeting in L’Aquila, Italy in 2009 renewed the commitment of the donor community to the Comprehensive Africa Agricultural Development Programme.  This Programme has set an annual agricultural growth target of 6 per cent to achieve the Millennium Development Goals of halving poverty by 2015.



For further information, please contact:

Mikhail Evstafyev
UNIDO Advocacy and media specialist
+43-699-1459-7077
Email m.evstafyev@unido.org

Henry Angulu
Nigerian National Organizing Committee – Chairman, Communication Sub-committee
Emailhenryangulu@gmail.com

George Chukwu
Nigerian National Organizing Committee - Communication Sub-committee
+2348023118166 or +2348033911211
Email jojichuks@yahoo.com

Rabe Mani
FAO Nigeria
+234 9 4616154
Email rabe.mani@fao.org

Erwin Northoff
FAO Media Relations
+39 06 5705 3105
Email Erwin.northoff@fao.org

Yinka Adeyemi
UNECA Communication Officer
Addis Ababa: +251-11-544-3537 Lagos:
+234 8086019628
Email yadeyemi@uneca.org


1 March 2010: High-level Conference in Abuja to promote agribusiness and agro-industries in Africa

ABUJA, 1 March 2010 – Ways to boost the development of agribusiness and agro-industries in Africa will be the focus of a high-level conference hosted by the Government of Nigeria in Abuja from 8 to 10 March. 

Participants will discuss strategies for the promotion of sustainable and inclusive agribusiness and agro-industries development on the continent, and are expected to endorse the African Agribusiness and Agro-industries Development Initiative (3ADI). The 3ADI comprises a programme framework and associated financial modalities through which the public and private sectors can mobilize resources for investment in  agri-food sector development in Africa.

The event will bring together Government officials from some 40 African countries, as well as senior policy makers and representatives of financial institutions.

The Acting President of the Federal Republic of Nigeria, Goodluck Jonathan, will deliver a speech at the event on 10 March.

The Conference will also be attended by the heads or representatives of international organizations, including the Chairman of the African Union Commission, Jean Ping; the Executive Secretary of UN Economic Commission for Africa, Abdoulie Janneh; the Vice President of the African Development Bank, Kamal El Kheshen; the President of the International Fund for Agricultural Development, Kanayo F. Nwanze; the Assistant Director-General of the Food and Agriculture Organization of the UN, Modibo Traore; and the Director-General of the United Nations Industrial Development Organization, Kandeh K. Yumkella.

The Minister of State, Commerce and Industry, Humphrey Enemakwu Abah, will hold a press briefing at 11:00, on Thursday,  4 March, at the National Press Centre, Radio House Garki, Abuja. He will also open an exhibition at 15:00, on Sunday, 7 March, at the Transcorp Hilton.

Journalists are invited to the opening session at 9:00, on Monday, 8 March, at the Hilton Hotel, Abuja.

A news conference will be held at 12.30, on Wednesday, 10 March, at the Media Centre, Hilton Hotel.

For more information, please see: UNIDO Press Release


For further information, please contact:

Mikhail Evstafyev
UNIDO Advocacy and media specialist
+43-650-391-5278
Email m.evstafyev@unido.orgm.evstafyev@unido.org

Henry Angulu
Nigerian National Organizing Committee – Chairman, Communication Sub-committee
henryangulu@gmail.com

George Chukwu
Nigerian National Organizing Committee - Communication Sub-committee
+2348023118166 or +2348033911211
Email jojichuks@yahoo.com

Rabe Mani
FAO Nigeria
+234 9 4616154
Email rabe.mani@fao.org

Erwin Northoff
FAO Media Relations
+39 06 5705 3105
Email Erwin.northoff@fao.org

Yinka Adeyemi
UNECA Communication Officer
Addis Ababa: +251-11-544-3537 Lagos: +234 8086019628
Email yadeyemi@uneca.org


18 January 2010: UNIDO welcomes Nigeria’s readiness to host conference on agribusiness and agro-industries

VIENNA, 18 January 2010 - UNIDO Director-General, Kandeh K. Yumkella, welcomed today the decision by the Government of Nigeria to host a high-level conference this year aimed at  promoting the development of agribusiness and agro-industries in Africa. 

The event in the capital, Abuja, from 8 to 10 March 2010 will bring together African Heads of State, Heads of Government, Ministers and senior policy makers, as well as representatives of financial institutions.

For more information, please see: UNIDO Press Release

 

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For enquiries on the conference, please contact:
The Conference Secretariat (UNIDO)
e-mail: hlcd-3a@unido.org
Tel: + 43 1 260 26 3723 /3011


For media enquiries,
please contact:

Mikhail Evstafyev
Public Advocacy and Media Advisor UNIDO
e-mail: m.evstafyev@unido.org
Tel: +43 1 260 26 50 21