The Global Green Growth Institute (GGGI) presented the African model of a National Financing Vehicle in which the governments of Rwanda and Ethiopia have successfully promoted green growth and climate resilience, at an event May 25 on the sidelines of the annual meetings of the Board of Governors of the African Development Bank (AfDB) in Busan, South Korea.
Climate finance has never been more urgently needed, with massive investments in climate action required to meet the goals of the Paris Agreement and avoid the devastating effects of a warmer planet.
The United States and Europe’s preference for white meat is hurting Africa’s poultry industry, says Luc Smalle, manager at the agro firm Rossgro in South Africa’s Mpumalanga area.
There are nearly 420 million young Africans between the ages of 15 and 35 today. And it is estimated that within ten years, Africa will be home to one-fifth of all young people worldwide.
Developing Africa’s ‘grey matter infrastructure’ through multi-sector investments in nutrition has been identified as a game changer for Africa’s sustainable development.
Africa, like India, is a continent of rich and compelling diversity. Both continents share a similar landscape, a shared colonial history, and similar economic and demographic challenges. This helps both India and Africa work especially well with each other.
No region of the world has ever moved to industrialised economy status without a transformation of the agricultural sector. Agriculture, which contributes 16.2% of the GDP of Africa, and gives some form of employment to over 60% of the population, holds the key to accelerated growth, diversification and job creation for African economies.
Lowering investment risks in African countries is key to achieving a climate-resilient development pathway on the continent, say experts here at the U.N.-sponsored Climate Conference.
Albert Kanga Azaguie no longer considers himself a smallholder farmer. By learning and monitoring the supply and demand value chains of one of the country’s staple crops, plantain (similar to bananas), Kanga ventured into off-season production to sell his produce at relatively higher prices.
The upcoming week for the Programme for Infrastructure Development in Africa (PIDA), which runs from November 13-17 in Abidjan, the capital city of Ivory Coast, is set to throw this continent into the full gear of infrastructural boom, development experts here say.
Africa can achieve sustainable development by scaling up "green economy" initiatives. What is needed is increased allocations from within national budgets supplemented by donor funding, claim experts.
Livias Duri, 72, from Zimbabwe’s Mwenezi district in Masvingo province, 436 km southwest of the capital Harare, depends on agriculture for his livelihood.