• 52nd ADB Annual Meetings: a single slogan: “Feed Africa!”
  • 52nd ADB Annual Meetings: a single slogan: “Feed Africa!”

52nd ADB Annual Meetings: a single slogan: “Feed Africa!”

The 52nd annual meetings of the Board of Governors of the African Development Bank (ADB) and the 43rd session of the Board of Governors of the African Development Fund (ADF) officially opened on May 23, 2017, a singular edition, partly because they are held in Ahmedabad, India and partly because the main theme is agriculture, or more specifically the challenge of transforming Africa through agriculture.

By ANA

The 52nd annual meetings of the Board of Governors of the African Development Bank (ADB) and the 43rd meeting of the Board of Governors of the African Development Fund (ADF) officially opened in Ahmedabad, India on May 23, 2017. The President of the Institution recalled the issue: “When I was elected as the 8th President of the Bank, I made it very clear that we would work on five priority areas, which, according to me, represent the main challenges facing Africa,” said Akinwumi Adesina, President of ADB. The five priority areas include: provide electricity and energy to Africa; feed Africa; industrialize Africa; integrate Africa; and improve the Africans’ living standards. And for this edition, the theme selected by the president, who is also former Minister of Agriculture of Nigeria, is “Feeding Africa”, a challenge at the heart of the continent’s stakes, according to the study, also called “Feeding Africa”, conducted by ADB experts: in an 80% rural continent, agriculture can transform Africa and improve its inhabitants’ living standard.

“To facilitate the continent’s transition to green growth, sustainable development initiatives should be promoted by investing in renewable and clean energy, climate-smart agriculture and sustainable management of water resources”

“Despite the continent’s steady growth over the past decade, 120 million Africans remain unemployed, 42% of the population still lives below the poverty line of $ 1.25 a day, and nearly one person out of four remains underfed in sub-Saharan Africa,” the president said. “Inequalities are also obvious: six of the ten countries in the world with the most inequalities are in Africa, and those who suffer the most from this situation are women and young people. While Africa is the continent that emits the least carbon, it is also the most vulnerable to climate variability and change. For inclusive growth, more people, countries and regions should have increased access to economic opportunities and help the continent generate the much-needed productive jobs, while protecting vulnerable people. To facilitate the continent’s transition to green growth, sustainable development initiatives should be promoted by investing in renewable and clean energy, climate-smart agriculture and sustainable management of water resources.”

An edition held in India, a sign of Asia’s growing weight on Africa

Thus, until May 25, the leaders of the continent and their international partners, will discuss this theme to bring concrete proposals to “liberalize African agricultural potential” ​​as urged by Adesina. It was also the first time the meeting was held in India – which is one of the non-African countries members of the institution – a sign of the country’s weight on the continent … but also by Asia more broadly, the largest investor in Africa, with China as the largest provider of jobs, also Japan, Malaysia, Singapore and of course India.


 

Author: ANA // Photos: 52th AfDB Assemblies © AFBD

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