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Entrepreneurship, Job Creation Take Centre Stage at NEPAD Meet 0

Yaounde (Cameroon) – The two-day Second Africa Rural Development Forum concluded Friday with renewed calls to economically empower young people, many of whom are leaving the resource-rich continent and migrating to places like Europe under very risky circumstances.

Opening the conference, the director of programmes implementation and communication at the New Partnership for Africa’s Development (NEPAD), Estherine Fotabong, reminded delegates that Africa’s high economic growth rates have not translated into high levels of employment and reductions in poverty for youth and those living in rural areas.

Fotabong observed that Africa’s fight against poverty, hunger and unemployment will be won or lost in rural areas, adding that is what frames the rural transformation strategy and agenda for the entire continent.

“This is the experience of all newly wealthy nations, as the most effective means of expanding the domestic market of their own population whose incomes and purchasing power is growing. Without a growing domestic market, in terms of ever-growing numbers of rural and urban people whose income is growing, then it is difficult to escape structural poverty through an outward looking economy,” Fotabong told a jam-packed conference at the Hilton Hotel in Yaoundé, Cameroon.

She added that Africa has deviated from standard processes of structural transformation in that it is experiencing urbanisation without manufacturing jobs.

Urbanisation should typically be a consequence of economic growth, not a lack of it. Unemployment and poverty are structural not temporary — and this is not mostly self-correcting. There is need for “big push policy interventions,” she stressed.

NEPAD’s Chief Executive Officer Ibrahim Assane Mayaki agreed. “Attaining Africa’s Agenda 2063 aspirations and goals to a large extent depends on the transformation of rural areas,” Mayaki told the audience drawn from across the continent.

Immediately after the opening ceremony, a high-level panel discussion moderated by Mayaki zoomed in on challenges regarding demographic growth, pressure on natural resources, employment creation and economic diversification in designing and implementing new development strategies for job creation in rural areas.

Cameroonian Secretary General of Livestock in the Ministry of Livestock, Fisheries and Animal Industries Jaji Manu Taiga said the government has pumped close to 100 million dollars into his ministry to revitalise the rural sector. Capacity is also being developed among youth in the fisheries sector.

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By Charles Mkoka

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