25/10/2016 - Transforming Africa's agriculture was the focus of the second day of the Korea-Africa Economic Cooperation Conference (KOAFEC) in Seoul.
Addressing Ministers of Finance from African countries, African Development Bank President Akinwumi Adesina highlighted the importance of investing in rural infrastructure, as well as rapidly developing the agro-industrial sector. "Africa should not be a consumption centre. It must export processed cocoa, not cocoa beans; it must export specialized coffee, not coffee beans; and it must export finished textile products, not cotton lint," he emphasized.
Categories: Kenya, Korea, Agriculture & Agro-industries, Private Sector, Partnerships, President's Corner
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