African agribusiness and agro-industries development initiative (3ADI)
A programme framework
With a vision to spur the development of competitive, sustainable and inclusive agro-industries and agribusinesses in Africa as a pathway to increased economic growth and food security in the continent, the African Union Commission (AUC) and its New Partnership for Africa’s Development (NEPAD) through the Comprehensive Africa Agriculture Development Program (CAADP), are partnering with the African Development Bank (AfDB), the Food and Agriculture Organization of the United Nations (FAO), the International Fund for Agricultural Development (IFAD), the United Nations Economic Commission for Africa (UNECA) and the United Nations Industrial Development Organization (UNIDO), to launch the African Agribusiness and Agro-industries Development Initiative (3ADI) during the High-Level Conference on the Development of Agribusiness and Agro-Industries in Africa (HLCD-3A).
The major objective of the 3ADI is to increase private sector investment flows into the agriculture sector in Africa by mobilizing resources for agribusiness and agro-industrial development from domestic and international financial systems. The Initiative will support a well-coordinated effort by African governments, regional bodies, relevant UN and other international agencies, as well as the private sector to share knowledge and harmonize programmes in ways that capture synergies, avoid fragmented efforts and enhance developmental impacts. It will also support an investment programme that will significantly increase the proportion of Africa’s agricultural produce that is transformed into differentiated high-value products, such that by 2020 more than 50 percent of the continent’s food products sold in local and national markets will be in processed form. [...]
Agribusiness development, Food and agricultural industries