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Colm Hayes Department of Agriculture, Food and the Marine. Why establish the AADF?. Agriculture in Africa. Africa has 60% of the world’s uncultivated arable land Agricultural output will rise from $230bn today to $900bn by 2030 Africa is net importer of food. Objective.
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Agriculture in Africa • Africa has 60% of the world’s uncultivated arable land • Agricultural output will rise from $230bn today to $900bn by 2030 • Africa is net importer of food
Objective • The Objective of the AADF is to develop partnerships between the Irish Agri-Food Sector and African countries to support sustainable growth of the local food industry, build markets for local produce and support mutual trade between Ireland and Africa.
Areas of Support • Business development and Investment • Production systems • Training/Mentoring • Technology transfer • R & D • Project Management
Funding • The AADF will commence with a two-year pilot phase (2012-2013). • The Fund is intended to be catalytic in nature rather than a medium or long term financial instrument. • €2m funding, to complement private sector co-funding • AADF will not be used to support existing activities including those managed by NGOs
Why has the programme focused on Kenya and Tanzania? • The Embassy of Ireland in Dar es Salaam covers both countries and has existing expertise in agriculture. • Provides local knowledge and support for project development • Well recognised agri-food and market potential • Not exclusive to these two Countries
Implementation of the AADF Launch – 21 March Assessment Mission - 22 April Private Sector Seminar – 14 June ?