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Browsing: Agenda 2063
A balanced meal, three times a day, a basic need few in Africa can afford. A three-course meal, a luxury most of the rest of the world enjoys, on a regular basis.
Did you know, Africa has a 50 year plan of what the continent will become half a century from now? It’s called Agenda 2063. The Assembly of Heads of State and Government of the African Union
To achieve this vision, the AU Assembly recognizes that its true power is in its people, the 1.4 plus billion people. The AU central focus on this Africa Day is how best to utilize its top resource. The AU admits that for the continent to achieve its Vision 2063 then it must focus on it’s people; “…the potential of its populations, in particular, a human capital well-nourished citizens and in good health with a particular emphasis on women, adolescents and children.”
Albeit marred with difficulties, green manufacturing in Africa is possible and the continent stands to greatly benefit from the transition. It will promote inclusive economic transformation through domestic manufacturing and a commodity-based industrialization process, capitalizing on the continent’s resources and opportunities presented by the dynamic nature of the global structure of production.
Green industrialization has been identified as the holy grail of Africa’s socio-economic transformation; infusing green initiatives into value chain activities for instance, during sourcing and processing of raw materials to the marketing and selling of finished products. The Economic Commission for Africa (ECA) economic report on Greening Africa’s Industrialization, deduces that it is imperative for African countries to identify green industrialization entry points, set policies that support green industrialization and mobilize resources from the public and private sectors, as it is a precondition for sustainable and inclusive growth.…
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The cornerstone of a successful trade is the efficient distribution of goods from the source to all points of sale. As such, cultivating logistics and distribution channels is necessary for the successful implementation of the African Continental Free Trade Area (AfCFTA).
The continent is made up of over 50 different countries whose levels of development vary vastly. Each country needs to seek its solutions locally, but governments need to come together to improve intra-African trade and cross-border co-operation.
AfCFTA will undoubtedly be a breakthrough in reducing the cost of shipping in Africa and improving efficiency. The amount of time that will be spent on customs clearance is set to drop drastically. Currently, it takes more than a week at one-border stops in some countries. …
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Africa's tech habitude is on the rise. Internet usage has risen significantly on the continent. On top of that, the advent of the coronavirus pandemic accelerated the prospect of growth in the digital sphere. E-commerce is one such opportunity that affords businesses access to broader market opportunities in every arena. According to McKinsey, a worldwide consulting firm, the e-commerce industry in Africa is expected to grow to a $75 billion industry by 2025.
E-commerce is growing. It is accelerated by a growing and youthful population that is increasingly exposed and has an appetite for greater efficiency and improvement of business to first-world standards. The African diaspora has also contributed to this growing demand as people have become more exposed to what is going on around the world. Technology itself dissolves existing borders and opens up trade regionally and internationally.…
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The African continent is wealthy with vast mineral resources, which are 30% of the world’s total mineral reserves. Ninety percent of the world’s platinum and chromium reserves are found in Africa.
Sixty percent of the world’s arable land is located in Africa, which spells much potential for agriculture. Africa also boasts of many tourist attractions, including the majestic Victoria Falls, World Heritage Sites such as the Egyptian pyramids, as well as the numerous game reserves, to mention a few. This is in addition to the rich African culture as well as the diverse ethnic groups with over 1500 languages. It is the world’s second-largest and second most-populous continent.
Despite lying on a rich bed of resources, both natural and human, the narrative about Africa remains that of the poorest of the poor.
Changing the narrative
For a long time, the narrative of Africa as an impoverished continent has …
The agricultural sector is considered one of the most critical industries for the African continent due to its economic potential. There has been significant growth in the past two decades leading to a level of production three times higher than before, and the sector is projected to become a US$1trillion industry in sub-Saharan Africa by 2030. However, despite this increase, the African continent is still a net importer of agricultural commodities to meet its population’s basic food needs.
Nearly 600 million hectares of uncultivated arable land is in Africa; this shows that there is a lot of untapped potential in African Agribusiness.
Boosting Agriculture Through Technology
The application of technological innovations in Agribusiness is vital in sustainably boosting productivity, increasing profits, and ensuring food security in the continent and beyond.
The foremost benefit of using mobile phones is as a platform for exchanging information through calls, SMS, or …
The African Union agenda 2063 is on course. After some delays due to covid, the African continental free trade area has become a reality. As part of the free trade area, the African Union passport will be availed this year. The passport launched in 2016 had been available only for diplomats and AU officials. It will now be rolled out to ordinary citizens of the African Union.
What will an African Passport mean?
The rationale for the passport is for African citizens to be able to cross all borders on African soil without a visa. The passport will facilitate easier movement for people to ease trade relations.
As African countries strengthen ties and seek to reap strength in numbers, the passport will spell an easier transition into seamless trade on the continent.
Modelled along the lines of the European Union passport, the passport will be biometric to prevent fraud and …
Land degradation affected the Sahel Region of Africa significantly due to climate change and poor land management. Land degradation typically stems from human-related and natural factors such as overgrazing, climate change, and extreme weather.
The Sahel area is increasingly under threat, for example, Senegal’s rainy season is now much shorter, starting in September rather than July. Food and water shortages are common, and many people are being forced to leave their homes in search of sustainable living.
The most severe form of land degradation, desertification, poses serious threats to agricultural productivity, food security, and quality of life in sub-Saharan Africa, where an estimated 500 million people live on land undergoing desertification. It is against this background that the African-led initiative was born; united for a common cause to save the environment and improve the quality of life.
The Great Green Wall of Africa
The very ambitious initiative brings together …
Ten African heads of state and government, as well as the president of the African Development Bank, were handed awards for their instrumental role in the realization of the African continental free trade area.
“As Africans, we are proud of the extraordinary effort made by our leaders towards the success of the AfCFTA.” Hailemariam Boshe, former Prime Minister of Ethiopia and Ae Group Patron
A consortium of African stakeholders banded together to show acknowledgment for the efforts undertakes towards realizing Africa’s dream. The stakeholders included AeTrade Group in collaboration with the African Union Commission, the African Business Council, the Pan African Chamber of Commerce and Industry, the Federation of West African Chambers of Commerce and Industry, and the East African Chamber of Commerce, Industry, and Agriculture.
The heads of state that received recognition included:
- Felix Tshisekedi, president of the Democratic Republic of Congo
- Egyptian President Ahmed Fattah Al-Sisi;
- His Majesty
African continent is making strides towards the realization of Agenda 2063. One of the key steps, the free trade agreement, was successfully launched on the 1st of January 2021 after having been delayed by Covid-19.
The trade agreement has hit the ground running. Already recording its first trade under the terms of the free trade treaty.
Ae Trade Group and Ethiopian airlines partnered for the transportation of momentous parcels- handmade trophies from the Kingdom of Eswatini to invoke the AfCTA trade. This trade marks the beginning of trading under the African Continental Free Trade Area.
Ethiopian Airlines -DHL is a logistics operation born from a 2008 partnership between the two entities which operate across Africa.
The first shipment of parcels was received in Ethiopia at the Addis Ababa Bole International Airport on the 1st of January amid pomp and fanfare with a ceremony organized to applaud the start of the …