AFD and NEPAD sign a 0.5 M€ grant to support rural development on the continent
On May 6th 2016,Mrs Martha STEIN-SOCHAS, Regional director for Southern Africa at AFD (French Development Agency) and Dr Ibrahim MAYAKI, CEO of NEPAD (New Partnership for Africa’s Development) signed a 0.5 M€ grant to support NEPAD’s Rural Futures Programme. The Programme is based on the understanding that rural economy is a vital component for structural change. It encompasses a broader understanding of the interrelationships between economic, social, environmental and political factors for advancing rural transformation and takes into account the roles of different stakeholders working in a transparent and collaborative approach. It also supports practical measures for the development of the continent, particularly addressing the issues of skills development, job creation and decentralisation.
The grant will support the organisation of the second Rural Forum to be held in Yaoundé early July with a focus on “Transforming Africa’s Rural Space through Youth Empowerment, Job Creation and Skills Development”. It should pave the way for the adoption by the African Union of a strategy (“blueprint”) on rural development. AFD’s grant will also fund studies and a platform of knowledge sharing over a period of two years.
Rural Futures Programme also benefits from the support of CIRAD - the French agricultural research and international cooperation organization. CIRAD notably supported the atlas on rural development on the continent, A New Emerging Rural World – An Overview of Rural Change in Africa – with the financial support of AFD.
The signing ceremony was hosted by the French Ambassador, Mrs Elisabeth BARBIER.