ADDIS ABABA, Ethiopia (PAMACC News) - Head of one of the leading regional banks on the continent has urged AGRA to use Africa Food Prize laureates as champions to inspire and boost agriculture transformation in different African regions and countries
Speaking at the launch of the 2023 nomination process for the prize in Addis Ababa, Ethiopia, Dr James Mwangi, who is the Chief Executive Officer at Equity Bank, said that there is need for the laureates to form regional agriculture advisory boards so as to create interaction between the experts with governments, the private sector and the practitioners.
“We need to transform agriculture from the social investment sector where it only attracts grants, to a profitable commercial sector that gives reasonable market returns,” said Mwangi, noting that that can only happen if the continent developed innovative ways of increasing food productivity, and doing value addition.
Dr Eleni Gabre-Madhin the Chief Innovation Officer at UNDP Regional Bureau for Africa, and one of the laureates of the Africa Food Prize observed that time has come for building the brand of the prize, so that it works for agriculture.
“This award should be a very strong branded event that has to be elevated to global recognition,” she told the delegation in Addis Ababa.
According to Mwangi, the award should also be used to impart knowledge to the young generation for them to internalize agriculture as a money making profession at an early stage.
“Among all the students Equity Bank has sponsored to higher education, none of them is studying agriculture because the subject has been linked to poverty. Who wants to study so as to become poor,” he posed.
He said that the Bank, for example in Kenya is paying school fees for over 40,000 students in high schools, and it would be great if the Africa Food Prize laureates started interacting with them at this very early stage. “I would like to take this as a challenge and we as Equity Bank will be willing to work with AGRA to actualize it,” he said.
So far, the bank has launched a private sector focused stimulus package known as ‘Africa Recovery and Resilience Plan,’ which is a USD 6 Billion package to accelerate economic recovery and resilience in the Eastern and Central Africa region as it recovers from the devastating health, social, humanitarian, and economic impacts of the COVID-19 pandemic.
‘This stimulus package is all about agricultural transformation. If we transform agriculture, we will be transforming the face of the Africa rural woman and the brand of the African child,” said Mwangi.
In the same vein, H.E. Hailemariam Desalegn, Former Prime Minister of the Federal Democratic Republic of Ethiopia and the current Chair for AGRA Board of Directors pointed out some challenges on the continent, which can easily be turned into opportunities through transformation of the agriculture sector.
“Africa will be home to 2.4 billion people come the year 2025. This presents a huge opportunity and market for our own agriculture and food systems, though, it can also be a risk if we don’t manage it well,” said Desalegn.
He noted that 60% of Africa’s $50 billion annual food import bill is spent on Rice, wheat, maize and oil seed products, all of which we can produce ourselves “This is the latest lesson from the Russia-Ukraine Crisis,” he said.
The incoming Chair of the Africa Food Prize Committee, and the former President of Tanzania said that he will use the prize to seize some of the investable opportunities.
“As I take over the leadership of this esteemed Committee, I am reminded of the fact that African agri-food industry presents a sizable opportunity for investment across value chains from production and processing to packaging and trading,” said President Kikwete.
“This Prize, therefore, is a key contributor to realizing some of these investable opportunities culminating into quality jobs and food and nutrition security in our continent,” he said as he launched the 2023 prize nomination process in Addis Ababa.
The Africa Food Prize, which comes alongside a cash reward of USD 100,000, recognizes an outstanding individual or institution that is leading the effort to change the reality of farming in Africa – from a struggle to survive to a business that thrives.
YAOUNDE, Cameroon (PAMACC News) - The African Forest Forum (AFF) has embarked on a journey to impart relevant knowledge and skills to players in African forestry sector to be able to mobilize adequate resources for different projects.
According to Professor Louis Defo of the University of Dschang who is one of the trainers, the objective of the training was to enable stakeholders “mobilize resources by developing bankable projects whose implementation could improve the climate change resilience and livelihoods of forest-dependent communities.”
“ AFF is hoping this will result to better understanding of climate change and the associated problems in the forest sector as well as climate finance,” Professor Defo said.
Experts say Climate change presents a US$3 trillion investment opportunity up for grabs in Africa by 2030 with the private sector expected to lead in driving green investment and development.
According to Barbara Buchner, the Executive Director for Climate Finance Program at Climate Policy Initiative (CPI) who lent her voice to those of other experts at the Finance day event organize by the African Development Bank during COP24 in Poland, “Africa has to seize the available opportunities to obtain financing of their projects”
Even though opportunities exist to finance climate change projects, African countries still find it hard accessing climate funding experts say.
One of the key reasons according to experts is that stakeholders in the forest sector don’t fully master what funding opportunities exist, and how to draft bankable projects to attract such funding.
“African Forest stakeholders have to be abreast with the different skills on drafting bankable project,” says Takam Michel of Action for Equitable, Integrated and Sustainable Development, known by its French acronym ADEID.
Takam who is one of the training facilitators presented a paper under the theme,” Theorie du Changement”
AFF points out that among the constraints that impede efficient and adequate climate finance mobilization by most African countries are insufficient domestic capacity at technical, institutional and financial levels to the development of quality project proposals that respond to investment criteria of climate funds, the laying down of sound implementation mechanisms as well as the establishment of a functional reporting systems.
It is against this backdrop that AFF in collaboration with experts is training forest stakeholders on available funding openings and the techniques of drafting bankable projects.
These challenges were also highlighted by Lucie Tengoua, lecturer in the University of Dschang who also presented a paper on “Financing Climate Change”
“There is need to work in synergy and master the different avenues or pathways to climate financing to be able to succeed,” she cautions.
The participants at the Yaounde workshop are, drawn from governmental / forest administration and non-governmental organizations.
The papers presented by the different resource persons all highlighted globally the multiple climate funding opportunities and institutions as well as the potential project proposals need to address to be able to attract funding.
Funding institutions among others included the World Bank,UN-REDD, LCDF( Fund for less developed countries, Multilateral Development Banks like AfDB, West African Bank, Green Climate Fund, GEF, Forest Carbon Partnership, European Union, USAID, GIZ etc.
The African Forest Forum (AFF) is a pan-African non-governmental organization with its headquarters in Nairobi, Kenya. It is an association of individuals who share the quest for and commitment to the sustainable management, use and conservation of the forest and tree resources of Africa for the socio- economic wellbeing of its people and for the stability and improvement of its environment. The purpose of AFF is to provide a platform and create an enabling environment for independent and objective analysis, advocacy and advice on relevant policy and technical issues pertaining to achieving sustainable management, use and conservation of Africa’s forest and tree resources as part of efforts to reduce poverty, promote gender equality, economic and social development and protect the environment.
YAOUNDE, Cameroon (PAMACC News) - The African Forest Forum (AFF) has embarked on a journey to impart relevant knowledge and skills to players in African forestry sector to be able to mobilize adequate resources for different projects.
According to Professor Louis Defo of the University of Dschang who is one of the trainers, the objective of the training was to enable stakeholders “mobilize resources by developing bankable projects whose implementation could improve the climate change resilience and livelihoods of forest-dependent communities.”
“ AFF is hoping this will result to better understanding of climate change and the associated problems in the forest sector as well as climate finance,” Professor Defo said.
Experts say Climate change presents a US$3 trillion investment opportunity up for grabs in Africa by 2030 with the private sector expected to lead in driving green investment and development.
According to Barbara Buchner, the Executive Director for Climate Finance Program at Climate Policy Initiative (CPI) who lent her voice to those of other experts at the Finance day event organize by the African Development Bank during COP24 in Poland, “Africa has to seize the available opportunities to obtain financing of their projects”
Even though opportunities exist to finance climate change projects, African countries still find it hard accessing climate funding experts say.
One of the key reasons according to experts is that stakeholders in the forest sector don’t fully master what funding opportunities exist, and how to draft bankable projects to attract such funding.
“African Forest stakeholders have to be abreast with the different skills on drafting bankable project,” says Takam Michel of Action for Equitable, Integrated and Sustainable Development, known by its French acronym ADEID.
Takam who is one of the training facilitators presented a paper under the theme,” Theorie du Changement”
AFF points out that among the constraints that impede efficient and adequate climate finance mobilization by most African countries are insufficient domestic capacity at technical, institutional and financial levels to the development of quality project proposals that respond to investment criteria of climate funds, the laying down of sound implementation mechanisms as well as the establishment of a functional reporting systems.
It is against this backdrop that AFF in collaboration with experts is training forest stakeholders on available funding openings and the techniques of drafting bankable projects.
These challenges were also highlighted by Lucie Tengoua, lecturer in the University of Dschang who also presented a paper on “Financing Climate Change”
“There is need to work in synergy and master the different avenues or pathways to climate financing to be able to succeed,” she cautions.
The participants at the Yaounde workshop are, drawn from governmental / forest administration and non-governmental organizations.
The papers presented by the different resource persons all highlighted globally the multiple climate funding opportunities and institutions as well as the potential project proposals need to address to be able to attract funding.
Funding institutions among others included the World Bank,UN-REDD, LCDF( Fund for less developed countries, Multilateral Development Banks like AfDB, West African Bank, Green Climate Fund, GEF, Forest Carbon Partnership, European Union, USAID, GIZ etc.
The African Forest Forum (AFF) is a pan-African non-governmental organization with its headquarters in Nairobi, Kenya. It is an association of individuals who share the quest for and commitment to the sustainable management, use and conservation of the forest and tree resources of Africa for the socio- economic wellbeing of its people and for the stability and improvement of its environment. The purpose of AFF is to provide a platform and create an enabling environment for independent and objective analysis, advocacy and advice on relevant policy and technical issues pertaining to achieving sustainable management, use and conservation of Africa’s forest and tree resources as part of efforts to reduce poverty, promote gender equality, economic and social development and protect the environment.
ADDIS ABABA, Ethiopia (PAMACC News) - The African Group of Negotiators on Climate Change (AGN) has committed to multistakeholder engagements for the development of Africa’s unified position regarding the continent’s climate change and development aspirations as the continent looks forward to COP-28 later in the year.
Speaking at a Multistakeholder consultation and strategy for COP-28 in Addis Ababa, Ethiopia, AGN Chair, Ephraim MwepyaShitima said the African group remains committed to engaging with, and providing technical guidance and support to all stakeholders ranging from political leaders, civil society and other development actors to ensure Africa’s success at climate change negotiations.
Mr. Shitima noted the importance of continuous engagements among stakeholders to ensure that Africa remains united and speaking with one voice.
“As AGN, we take stakeholder engagements and consultations very seriously as they provide us with different views and positions that we have to advance in the negotiations, thereby cementing our legitimacy to speak for the continent,” said Shitima adding that the AGN is “determined to build on the successes we achieved at COP-27 and strengthen areas where we did not do well as we head to COP-28 and will rely on inputs from all stakeholders.”
The AGN Chair also emphasised the group’s desire and strategy to increase the number of women negotiators in support of gender equality and in view of the unanimous agreement that women are on the frontlines of climate change not only in Africa but globally.
“In order to ensure that we grow the AGN and in support of gender equality, we are partnering with UNDP to host a capacity training workshop for young negotiators, focusing mostly on young women. This is important as the strength of any group lies in grooming young people. In view of the importance of gender equality, we have given priority to young female negotiators as it is unanimously agreed that women are on the frontlines fighting climate change impacts. We thus believe that increasing the number of female negotiators adds to our strength as a negotiating block,” said Shitima.
And speaking at the same function, the Pan African Climate Justice Alliance (PACJA) Executive Director, MithikaMwendapaid tribute to the AGN for its continued key role in pushing Africa’s agenda in the climate change negotiation process and called on African governments to get actively involved in the technical processes to ensure unity of purpose.
Dr. Mwenda said PACJA wishes to see a unified approach at both the technical and high-level engagements to ensure that there is no misrepresentation of Africa’s interests and aspirations.
“The Africa Group of Negotiators (AGN) played a key role in the negotiations at COP27; we therefore encourage everyone to be fully involved in the negotiations so as to have a stronger voice in the negotiation rooms. This meeting is therefore important to put in place a strategy to ensure unity of purpose as Africa heads to COP28,” said Dr. Mwenda.
Earlier, United Nations Economic Commission for Africa (UNECA’s) Director for Technology, Climate Change and Natural Resources management, Jean Paul highlighted the increasing costs associated with climate change impacts in Africa and the need for an interlinked approach to addressing them.
He said an analysis by UNCEA has revealed that Africa requires in excess of USD 400 billion for climate adaptation by 2030.
“Our approach is to ensure that climate change is not treated as a single development issue but rather be tackled in a systematic and holistic manner—addressing all interlinked issues as they relate to the continent’s development and achievement of Sustainable Development Goals (SDGs),” said Jean Paul.
To ensure a coordinated approach from all stakeholders, PACJA convened a two-day Continental Strategy workshop from 15th to 16th February, 2023, in Addis Ababa, on the sidelines of the 36th ordinary Session of the African Union Heads of State and Government Summit.
The meeting, which brought together key stakeholders from public, civil and private sector, was aimed at strategizing and shaping a common framework for the continent’s advocacy and participation at COP-28. The AGN Chair was part of the engagement to highlight the group’s priorities for 2023 to ensure unity of purpose for Africa.