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African Agribusiness and Agro-industries Development Initiative

Organization's Acronym:
3ADI
Web Address:
http://www.fao.org/ag/portal/ag-archive/detail/en/item/43187/icode/?no_cache=1
Email Address:
[email protected]
Published by:
FARM-D
Focus Country:
Nigeria

Launched in Abuja, Nigeria, during the High-Level Conference on the Development of Agribusiness and Agro-Industries in Africa (HLCD-3A), the African Agribusiness and Agro-industries Development Initiative (3ADI) aims to facilitate and increase private sector investment flows going into the agriculture sector in Africa by mobilizing resources for agribusiness and agro-industrial development from domestic, regional and international financial systems. With CAADP (particularly Pillar 2) as the overarching institutional framework, the specific objectives of the Initiative are to:

  • Leverage current attention to agriculture in Africa to accelerate the development of agribusiness and agro-industrial sectors that ensure value-addition to and trade of Africa’s agricultural products;
  • Support a well coordinated effort to share knowledge and harmonize programmes in ways that capture synergies, avoid fragmented efforts, and enhance developmental impacts; and
  • Support an investment programme that will significantly increase the proportion of agricultural produce in Africa that is transformed into differentiated high-value products.

The 3ADI was developed through a partnership between the Food and Agriculture Organization of the United Nations (FAO), the African Union Commission, the United Nations Industrial Development Organization (UNIDO), the International Fund for Agricultural Development (IFAD), the African Development Bank (AfDB) and the United Nations Economic Commission for Africa (UNECA).