GERMANY-AFRICAN AGRIBUSINESS ALLIANCE TO SUPPORT OPERATIONS OF THE PAN-AFRICAN AGRIBUSINESS CHAMBER
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Signing of Memorandum of understanding in Berlin, Germany during Africa-Verien Conference[/caption]
The Memorandum of understanding (MoU) was signed in January, 2020 between the Pan African Agribusiness Apex Body (PAAAB) represented by PEF, the secretariat for the organization supported by the department of rural economy, African Union Commission (AUC) and the Afrika-Verein (Germany-African Agribusiness Alliance). The MoU is purposed to serve as the appropriate framework that defines the conditions and terms of the strategic partnership between the two main bodies. PEF was represented by its CEO, Nana Osei-Bonsu, at the signing event.
The partnership was established with the objective of promoting agriculture and agribusiness between the partners’ regions and strives to boost agricultural productivity and agribusiness by supporting the adoption of measures, strategies, policies and programs on agricultural and agribusiness development. In order to secure the inclusion of smallholder farmers and vulnerable groups such as women and youth both associations agree to work together inclusively, inviting relevant actors to participate in their activities. The areas collaboration includes the following; advocacy and lobbying, capacity building, policy dialogue, improving investment climate, trade facilitation, peer to peer meetings, learning and exchange visits and agricultural stakeholder dialogue on the African continental free trade area.