Tags: Agriculture, Strategies, Financing, Mitigation

Agriculture is vital for the development goals of promoting growth and reducing poverty in Africa. Agriculture supports the livelihoods of 80 percent of the African population, provides employment for about 60 percent of the economically active population, and for about 70 percent of the poorest people on the continent. The global financial and food crises have brought agriculture into sharp focus, demonstrating that poverty and food insecurity go hand in hand. Agricultural growth is a proven driver of poverty reduction. When agriculture stimulates growth in Africa, the growth is twice as effective in reducing poverty as growth based in other sectors.
In China, agriculture-based growth is 3.5 times more effective in reducing poverty than growth based on other sectors. In Latin America, the effectiveness is 2.7 times. Agricultural growth also means more production of food, and greater food security.

Agriculture Sector Strategy 10-14.pdf