9 May 2018

At COM 2018, Ministers to Discuss Agriculture's Potential to Power Africa's Economic Growth

Addis Ababa — All is set for the Conference of African Ministers of Finance, Planning and Economic Development that begins Friday at the United Nations Conference Centre in Addis Ababa.

One of the key side events that will be held during the conference will focus on agriculture's potential to power Africa's economic transformation.

The side event is jointly organized by the Economic Commission for Africa's Regional Integration and Trade Division (RITD) and the African Center for Economic Transformation under the title; 'A force to be reckoned with: Agriculture Powering Africa's Economic Transformation'.

Nassirou Ba, an Economic Affairs Officer in the RITD, says the main objective of the side event is to share the key findings of Agriculture Powering Africa's Economic Transformation.

Agriculture Powering Africa's Economic Transformation is the second African Transformation Report published by the African Center for Economic Transformation. The report focuses on developing agriculture that will drive economic transformation in Africa.

"The event will provide evidence-based information to policymakers and other stakeholders on how to go about modelling inclusive structural transformation through agricultural modernization and agro-processing policies that link smallholders to input and output markets," said Mr. Ba.

On expected outcomes, the Economic Affairs Officer, said the event will provide a platform to discuss African economic transformation that is powered by agriculture, with a view to achieving inclusive growth; allow ministers and participants to share information on opportunities and challenges and contribute to an agenda for Africa's agricultural transformation; and outline next steps, including partnerships and upcoming forums.

Officials of the ministries of finance, economic planning and industry, agriculture; regional and national planners; investors and farmers' organizations are some of those expected to attend the side event.

The event would be held at the United Nations Conference Centre from 11 a.m. to 12 noon on 13 May 2018.

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