ONE US Policy Manager David Hong and ONE Africa Deputy Director Nachilala Nkombo look at the progress made by Grow Africa in the last year.
Today, five African heads of state, four G8 development ministers, and over 100 private sector companies will meet in Cape Town, South Africa at the World Economic Forum on Africa to assess Grow Africa’s work in 2012, the partnership’s first full year in business.
First, here’s a little background. Two years ago, the African Union Commission, New Partnership for Africa’s Development (NEPAD) agency, and the World Economic Forum combined forces to create a new partnership, Grow Africa, which aims to reduce poverty by accelerating private sector investment in African agriculture.
The partnership is led by the organisations above, and includes eight member countries and various stakeholders such as host governments, companies involved in investment, civil society, research institutions, and farmer organisations.
Here at ONE, we’re taking this opportunity to weigh in on Grow Africa’s first annual report. Overall, the initiative made significant progress last year, especially given the small size of its team. ONE hopes for further and more robust reporting in the coming years so the partnership can demonstrate its value and defend its model. Annual reporting gives Grow Africa an opportunity to demonstrate lessons learned over the past year and what challenges lay ahead.
Here are the headlines:
- 97 commitments from 62 companies, of which 39 based are in Africa
- More than $60 million invested in activities that incorporate smallholder farmers
- 270,000 metric tons of commodities sourced within partner countries
- Equivalent of around $300 million in sales from these farmers
- Almost 800,000 smallholders reached with a mix of training, sourcing, and service provision
Obviously, there is a lot to commend here. Thousands of smallholders are being incorporated into commercial food supply chains where they’re growing more food and generating more income for their families. If Grow Africa adds further measures to increase transparency and expand reporting of poverty reduction indicators, the partnership could change the game for farmers and businesses.
For more information on Grow Africa’s report and ONE’s analysis, check out this policy brief.