President of the African Development Bank (AfDB), Akinwumi Adesina, said on Thursday attention must be paid to extreme rural poverty, high rates of unemployment among the youths and climate and environmental degradation.
These factors, Adesina refer to as the ‘disaster triangle’, while making the keynote speech at the ‘One World, No Hunger: Future of the Rural World’ conference hosted by the German Development Ministry (BMZ).
“Conflicts and terrorism easily take root where these three factors exist,” he said, stressing the imperative of investing heavily in Africa’s rural areas and reversing endemic misery to prosperity.
“We must create jobs for the youths and disrupt terrorists’ recruitments that are taking root in these rural areas .We must connect economic security, food security and climate security,” he said.
The AfDB President shared the Bank’s efforts in rural economies including the investment of US $24 billion in agriculture in the next 10 years and in several other domains through its ambitious multi-billion High 5 priorities – Light up and power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the quality of life for the people of Africa.
He reiterated the Bank’s strong support for Germany’s Compact with Africa and its focus on food security, energy, jobs, infrastructure, peace and security, which are very much in line with the High 5s.
The German Development Minister, Gerd Müller, said only strong rural areas will be able to prevent hunger crises in the future and offer truly good prospects to young people.
Germany is using its current Presidency of the G20 to work towards the adoption of concrete agreements on fostering youth employment in rural areas. Participants will endorse the Berlin Charter on Creating Opportunities for the Young Generation in the Rural World at the end of the conference.