Monday, 22 June 2009

CAADP calls for more private sector involvement

June 17 to 18, 2009 in Dakar Senegal. The Economic Community of West African States (ECOWAS) Commission and the New Partnership for Africa’s Development (NEPAD) brought together representatives of the public and private sectors, including farmer’s organizations, development partners and civil society to propose a framework for integrating the private sector into the CAADP Agenda.

The workshop was aimed at creating specific public-private alliances in the areas of smallholder-friendly value chain development through enterprise growth and finance in major commodity sectors for the purposes of boosting economic growth and competitiveness.
  • Deliberations were held on how regional and domestic market development through policy reforms, institutional innovations, and infrastructure investments could be directed towards raising supply, improving quality whilst also reducing the cost of moving modern inputs and products across local and trans-border markets.
  • Participants at the workshop were also keen to explore the issue of institutional development and capacity building to overcome tariff and technical barriers to accessing global markets.
  • The meeting reflected on the value of existing partnerships, alliances and developments such as those concerning the Hewlett Infrastructure Project, ReSAKSS, AGRA’s announcement of an agreement with Standard Bank and private equity investments in agri-related projects.
  • It is within this context that the key issue of public sector investment in support CAADP was also reviewed with many participants arguing that African agricultural stakeholders and leaders need to push for more private-public partnerships in agriculture in order to sustain Africa’s recovery plan.

Participants at the workshop included CMA / AOC, the Government of Senegal, AU / NEPAD / ECOWAS, the World Bank, IFPRI, USAID, AfDB, ECA, the private sector, AGRA, FAO, the Bill and Melinda Gates Foundation, the EU and farmers organizations.