1 AAIN Conference, Nairobi – 28 to 30 September, 2015Empowering novel agribusiness- led employment for youth in African Agriculture (ENABLE Youth) Programme : AfDB Jonas Nwankwo Chianu, PhD Principal Agricultural Economist Coordinator: Agriculture Fast Track Fund & Agribusiness for Youth Employment, AfDB
2 Presentation outline Background AfDB Strategy (TYS: ) AfDB & Youth Employment Looking into the Future
3 Background – 1/7 Africa’s population is the youngest in the worldWith 70% of the current population under the age of 30 & an expected labor force of 1 billion by 2040 250 million Africans b/w 15 & 24 years 15 million new job seekers annually Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
4 Background – 2/7 Turning this demographic boom into a dividend requires a diverse set of strategies, including ‘ENABLE Youth’ African Development Bank Group is at the Center of Africa’s Transformation In line with the One Africa Vision Bank’s TYS: 2013 – 2022 upholds this Aims at contributing to creation of shared wealth in Africa Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
5 Background – 3/7 Collaborates with partners (e.g., IITA, AGRA, FARA, etc.) Multi-sector (OSAN, OSHD, SEOG Office, OPSM, OFSD) approach, where possible, for synergy & comparative advantage Targets all RMCs; actual intervention based on expression of interest, and written request from right source Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
6 Financing its StrategyBackground – 4/7 Financing its Strategy Leverage scarce Bank resources Maximize traditional shareholders; Seek new ones Innovative instruments – Boost Africa, Africa50, etc. Innovative financing – sovereign wealth & pension funds, social & philanthropic investors, PPPs, risk mitigation funds Maximize Africa’s own resources Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
7 Background – 5/7 Programme will upscale tested models of youth employment in agriculture Experimented by IITA, AGRA, FARA, CORAF, etc. AfDB working in conjunction with IFAD, BMGF, JICA, Mastercard Foundation, SNV, IDRC, USAID, CTA, FAO, CommodAfrica, RMCs, etc. and Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
8 Background – 6/7 A coalition of private sector businesses & commercial banks Program design gives each donor the latitude to choose whether to support whole Project or specific activities Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
9 Background – 7/7 Earlier steps Youth Engagement Workshop held at IITAWriting workshop: IITA & AGRA Side Event during AGRF, Addis Ababa Bank’s African Year of Agric/Food Security Skype Meeting with FAO Partners Consultative Workshop, Abidjan 2015 Annual Meeting of the AfDB Mobilizing youth in agriculture workshop by the CGIAR Consortium, Montpellier Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
10 Two objectives to support transformationStrategy Two objectives to support transformation Three areas of special emphasis Inclusive growth Five core operational priorities A ‘continuum’ & regional approach Fragile states Infrastructure development Regional integration Private sector development Governance & accountability Skills & technology Agriculture & food security Age Gender Geography Supporting value chains Gradual transition to green growth Economic empowerment Legal & property rights Gender Building resilience Sustainable infrastructure Managing natural resources
12 Core operational priorities Infrastructure development Regional integration Private sector development Governance & accountability Skills & technology 12
13 Transforming to support Transformation Partner of Choice Catalyst & Convener Knowledge broker Trusted Adviser Voice for development Institutional Effectiveness Decentralization Workforce capability Business Processes Increased focus on results
14 AfDB & Youth EmploymentRationale for AfDB involvement African gov’ts are concerned about youth unemployment; its societal consequences African farming is increasingly practiced by older persons, undermining future growth and development of the sector Youth aspire for better rural livelihood to escape from poverty Enterprising youth often lack collateral to establish their own agribusinesses; not considered creditworthy Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
15 AfDB & Youth EmploymentRationale for AfDB involvement… Empowering youth to engage in agribusiness increases employment opportunities; stimulates rural economies Bank, through its AgSS, places highest priority on food security & poverty reduction thru agric. transformation; works with RMCs & partners to do so; tapping on regional integration resources Goals and activities of ENABLE Youth Program directly contribute toward the objectives of CAADP, MDGs and SDGs (food security, hunger, gender mainstreaming, & employment creation) Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
16 AfDB & Youth EmploymentRationale for AfDB involvement… Program contributes to the Bank's Ten Year Strategy (2013–2022) of ‘inclusive growth’ Bank believes it is time the widely acclaimed potential of African agriculture becomes a reality as ‘it is not possible to eat potential’ Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
17 AfDB & Youth Employment…Specific Objectives Provide youth opportunities to establish innovative agriculture & agribusinesses Raise agribusiness skills & economic opportunities Advance youth-led agribusiness networks & provide interactive agric. information service Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
18 AfDB & Youth Employment…Specific Objectives… Raise awareness of gender issues among youth & provide opportunity for agribusiness advancement to women Improve agribusiness skills among graduates from vocational, tertiary & higher education Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
19 AfDB & Youth Employment…Approach Multinational – Initially (2015; 2016?) Engage individual countries – To kick start preparation & implementation of ENABLE Youth Program Following distribution of an earlier draft of the CN, several Bank field staff operating in over 20 RMCs expressed interest in assisting with the Program PPF being mobilized as necessary Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
20 AfDB & Youth Employment…Output results 800,000 youths & women access relevant agricultural information 20,000 internships 10,000 agribusiness startups Graduates of 100 vocational training & educational institutions acquire stronger & more effective practical skills in agribusiness 30,000 new jobs in rural & urban areas Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
21 AfDB & Youth Employment…Output results… Novel approaches to involvement in agriculture expanded to graduates & over non-graduate youths Representation & conditions of young women in agriculture & agribusiness are improved Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
22 AfDB & Youth Employment…The Components Skills & Capacity Development (S&CD) Enterprise/Business Development (EBD) Youth Networking (YN) Program Management & Coordination (PM&C) Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
23 AfDB & Youth Employment…S&CD activity areas Returns to agriculture & agribusiness Development of Business Plans Effective loan application methods & tools Market-oriented farming & agribusinesses Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
24 AfDB & Youth Employment…EBD activity areas Development of Business Incubation Strategies Establishment of Demonstration Farms & Agribusinesses as centers for profitable innovations Mainstream proven opportunities into financial institutions and government investments Develop a registry of agribusiness operators and link with loans Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
25 AfDB & Youth Employment…YN activity areas Launch National Agribusiness Youth Centers (NAYCs) Place interns with private agribusinesses for on-the-job training Offer trained youth & women incentives for own ventures Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
26 AfDB & Youth Employment…YN activity areas… Develop program website and link it to other social media, and monitor user interests Grassroots actions & media events that popularize, communicate & highlight youth achievements and emerging opportunities Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
27 AfDB & Youth Employment…PM&C activity areas Develop criteria for youth/women as well as hosts or potential private sector champions and mentors participation Initiate Program, recruiting staff, procuring, etc. Conduct inception, thematic, interim and synthesis meetings Conduct M&E and organize external program reviews Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
28 AfDB & Youth Employment… Program Cost & FinancingTo achieve its objectives, the ENABLE Youth Program will cost between UA 600 million and UA 1 billion across Africa Over 5 years Donor Partners are invited to also contribute RMCs will contribute Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
29 Looking into the FuturePresident of the AfDB has prioritized agriculture, among other sectors The same is true of employment creation in Africa and agribusiness for youth employment creation as an important sub-set of the expected Bank’s larger program on decent jobs related to skills & employability High power Africa wide conference of Agriculture Ministers, Finance Ministers, and Central Bank Governors planned for Dakar, Senegal in October, 2015 Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
30 Looking into the Future…Continental view, phased approach, leveraging approach (10 times more), de-risking agricultural sector (tapping into existing facilities to mitigate risks at the Bank), work with other donors, etc. Bank not be constrained by its ability to finance the youth, given its forward looking on this Bank plans to reach about 20 countries with an outlay of UA 600 million to UA 1 billion; creating over 800,000 jobs in five years Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
31 Looking into the Future…Will involve mapping with respect to which facilities are available where (an exercise that will influence country-level costing) Helping countries to set up or rehabilitate their agricultural banks, new in Malawi, rehabilitation in Nigeria, etc. Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
32 Looking into the Future…Partnership - with key interlocutors, IFAD, WB, AGRA, bilateral, EU, USAID, FAO, MasterCard Foundation, private sector, Commercial Banks and a coalition of commercial banks - Bill Gates, Rockefeller Foundation, Nestle, etc. A comprehensive approach is adopted to Reach out to the youth Inspires positive attitudes among them Guarantee increase in farm income & employment creation thru: i) Greater productivity; ii) Market intelligence; and iii) Rural industries Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
33 Focus ENABLE Youth is focused on contributing to poverty reduction, wealth creation & enhanced food security Through interventions on best bet enterprises with high returns Capable of arousing & holding the interest of youth & women in agriculture & agribusinesses Strategic Framework for the Bank AgSS Millennium Development Goals Goal of eradicating poverty (by 2015) and hunger and ensuring environmentally sustainability NEPAD-CAADP: Framework for accelerating agricultural growth in the Africa: at least 6% annual rate of growth Platform for collaboration, partnership and alliance building. CAADP compacts guides country policy and investment response - allocation 10% of Budget to Agriculture ADB Medium Term Strategy, 2008 – 2012 Vision: To be recognized as preferred partner in Africa, providing high-impact, well-focused development assistance and solutions Priority Areas: Infrastructure, Governance, Private Sector, Higher Education Investment Support: Poverty Reduction, Agriculture, Regional Integration, Human Development
34 Thank you