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African Development Bank announces new agricultural transformation strategy

The African Development Bank (AfDB) has developed a new initiative called the Technologies for African Agricultural Transformation (TAAT) initiative to tackle the need of scaling up proven technologies across Africa. 25 African countries have already confirmed their participation in supporting the AdDB’s current Feed Africa Strategy which aims to elimate the current massive importation of food and transform its economies by targeting agriculture as a major source of economic diversification and wealth, as well as a powerful engine for job creation.
The initiative will implement 655 carefully considered actions that should result in almost 513 million tons of additional food production and lift nearly 250 million Africans out of poverty by 2025, with rice, cassava, pearl millet, sorghum, groundnut, cowpea, livestock, maize, soya bean, yam, cocoa, coffee, cashew, oil palm, horticulture, beans, wheat and fish being the main benefited commodities.
Source: Relief Web

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