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AFRICA SPENDS $35 BILLION ANNUALLY ON FOOD IMOORTATION says IFAD

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Africa spends $35 billion a year on food importation says the President of  International Fund for Agricultural Development (IFAD), Mr Kanayo Nwanze says This is contained in a statement issued by the IFAD and made available to the press in Abuja. According to the statement Nwanze made  the disclosure at the opening of a three-day African Union-European Union Conference of Ministers of Agriculture, tagged: “Investing in a Food Secure Future.’’ The conference, which was hosted  the Government of The Netherlands,  discussed  how to deepen cooperation between Africa and Europe to mutually invest in food and nutrition security. Nwanze said that investing more in Africa’s rural areas will stem the flow of economic migrants and minimize the acts of desperation that makes the continent’s newspaper headlines. “People are leaving the rural areas of Africa because they can’t find jobs or feed their families and the ripple effects are felt here in Europe. “The irony is that Africa spends $

FUTURE PROSPERITY IN THE HANDS OF AGRICULTURE-IFAD

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The President of the International Fund for Agricultural Development (IFAD), Kanayo F. Nwanze,  on a visit to Senegalese leaders recently said " .Investing in agriculture and farming technologies will help to change the perception that young people have about farming, making it an appealing career choice that will also contributes to the long-term development of rural communities". He added that with more than half of Senegal’s population under the age of 20, creating employment opportunities for the younger generation needs to be topmost  of the nation’s agenda. “Young people are Senegal’s greatest resource and are the key to the country’s prosperity. We need to channel our investments so that rural areas become vibrant, economic centres that offer attractive employment opportunities. We need to give young people a good reason to stay in rural areas.” He added. Agriculture remains the main source of employment and income for about 70 per cent of the population, most of S