Africa Map

African Press Agency

African Press Agency Logo
   

 Home
 Culture/Media/IT
 News
 Environment/Natural Resources
 Events
 Religion/Civilisation
 Business/Finance
 Global Conflicts/Terrorism
 Features
 Sports
 Science & Tech
 Economic & Social Development
 Energy/Mining
 Country Profile
 Useful Links
 Contact us

Home

UN/AFRICA'S HUNGRYBack
[Published: Friday August 03 2012]

 UN stresses need for Africa to diversify economy

New York, 03 Aug – (ANA) - Africa needs to embrace economic diversification as well as focus on agribusiness to lift the continent out of poverty and put it on the path to prosperity, a senior United Nations official has said.

In a statement, Director-General of the UN Industrial Development Organization (UNIDO), Kandeh  K. Yumkella, said Africa was urbanizing at a fast rate, noting that “in order to turn bright prospects into employment opportunities for its young people, Africa needs to embrace economic diversification.”

Mr. Yumkella’s comments came at the Africa Caucus Meeting in Kinshasa, the capital of the Democratic Republic of the Congo (DRC), which brought together Africa’s finance ministers, central bank governors, and representatives of international development agencies and financial institutions and where he was a keynote speaker. The Director-General stressed the need to boost agricultural productivity to achieve sustainable industrial and agribusiness development as a means of wealth and job creation. (ANA)

FA/ANA/03 August 2012--------

 


North South News website

Advertise banner

News icon NIGER/DRONE CRASH
News icon SOUTH SUDAN/VIOLENCE
News icon PISTORIUS/VERDICT
News icon NIGERIA/EBOLA
News icon BOKO HARAM/ATTACKS
News icon BOKO HARAM/ABDUCTED GIRLS
News icon MOZAMBIQUE/FRAUD CHARGES
News icon LIBERIA/EBOLA
News icon BAN/LIBYA
News icon TUNISIA/JIHADISTS

AFRICAN PRESS AGENCY Copyright © 2005 - 2007