Strategy for agricultural transformation in africa

 
CONCLUSIONS AND RECOMMENDATIONS ........................................................................................ 40
 
LIST OF ANNEXES 
ANNEX I: HISTORIC AFDB AGRICULTURE FOCUS AND LESSONS LEARNED ........................................ - 1 -
 
THE AFDB’S CURRENT PORTFOLIO IN AGRICULTURE AND AGRIBUSINESS .................................... - 1 -
 
ANNEX II: LESSONS LEARNED FROM PAST BANK AGRICULTURESTRATEGIES .................................. - 5 -
 
ANNEX III: M&E Strategy and Results Framework ................................................................................................ - 7 -
 
ANNEX IV: OVERVIEW OF STRATEGY INITIATIVES .................................................................................. - 14 -
 
ANNEX V: HIGH-LEVEL AFDB CAPABILITIES GAP ASSESSMENT .......................................................... - 22 -
 

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LIST OF FIGURES
Figure 1: Agricultural prices have been less volatile than natural resources over the past decade ................ 1 
Figure 2: Untapped agricultural potential is limiting economic development across Africa .......................... 3 
Figure 3: Urbanization is driving up demand for ‘premium’ food products (e.g., rice) that are not supplied
by African producers ....................................................................................................................................... 3 
Figure 4: Africa’s negative net trade will increase significantly in the absence of transformation ................ 4 
Figure 5: Agricultural transformation is already underway in several African countries ............................... 6 
Figure 6: African agricultural commodity value chains face common constraints
........................................ 7 
Figure 7: Agricultural transformation has the potential to generate new revenue ........................................ 9 
Figure 8: Framework for the Agricultural Transformation Strategy ............................................................. 11 
Figure 9: High-Level Targets for the Goals of the Strategy (Indicative) ...................................................... 13 
Figure 10: Criteria for agricultural value chain prioritization ....................................................................... 13 
Figure 11: Priority agricultural value chains and agro-ecological zones ...................................................... 15 
Figure 12: Visions of success and 'must transform' priorities for the strategy .............................................. 17 
Figure 13: Indicative investment and estimated return ................................................................................. 21 
Figure 14: 'Feed Africa' and the other 'High 5s' ............................................................................................ 22 
Figure 15: High-level setup of the 'Partnership for Agricultural Transformation in Africa' ......................... 27 
Figure 16: Current OSAN project lending pipeline, 2016-2019 (US$mn) ................................................... 31 
Figure 17: Current OSAN planned lending for 2016-2019 (US$mn) ........................................................... 31 
Figure 18: Current funding for agriculture development in Africa vs. requirements for transformation
(US$bn/year) ................................................................................................................................................. 32 
Figure 19: Bank required capabilities for the implementation of the Strategy ............................................. 35 
Figure 20: AfDB sovereign projects in agriculture by country and region (2006-2014) ........................... - 1 - 
Figure 21: AfDB capital approvals by sub-sector and region (UAmn, 2006-2014) .................................. - 2 - 
Figure 21: Comprehensive results framework ........................................................................................... - 8 -