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Thursday, October 9, 2014

COMESA to hold first Regional Agriculture Investment Forum

COMESA will hold an inaugural Regional Agriculture Investment Forum aimed at promoting agriculture investment in region from 13-15th October 2014 in Livingstone, Zambia.
The Regional Agriculture investment forum provides a platform for private-public sector engagement for investment in agriculture along the value chain within the context of continental CAADP agenda.
Speaking during the COMESA-Africa Lead Joint Planning meeting for the Investment Forum, COMESA Deputy CAADP Coordinator Dr. Meebelo Nalishebo said the main objective of the investment forum is to link priority investment areas in agriculture in the COMESA region, with potential investment.
“While all member states will be invited, the primary focus will be for member states that have developed their National Agriculture Investment Plans (NAIPs) for implementation. Countries that are advancing in the CAADP process will be able to use the Investment Forum as an opportunity to learn lessons from existing NAIP presentations. This will assist in advancing their own processes”, Dr. Nalishebo said.
And Africa Lead has expressed keen interest to partner with COMESA to ensure the first COMESA Regional Agriculture Investment Forum is a success. Dr. Meebelo said this partnership will also have a component for capacity building for member states for resources mobilization particularly on how to come up with bankable investment plans and project proposals.
Speaking during the meeting, Africa Lead Senior Organizational Change and Institutional Development Specialist Dr. Paul Thangatha disclosed that his organization was ready to partner with COMESA to ensure a fruitful event.
Dr. Thangatha added that the COMESA Regional Agriculture Investment Forum provides an opportunity for COMESA to look at what has come out of the recent Africa- United States Summit and to focus on strategic areas for investment in regional value chains.
Speaking earlier during the welcoming remarks, COMESA Investment Promotions and Private Sector Division Senior Agriculture Expert Salim Shamseldin said investment promotion was one of the key elements of  CAADP.

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