President Obiang Asks for Greater Investment in Agricultural Sector

  • PDF

Addis Ababa, 30 June 2014 (WIC) -  Equatorial Guinea’s President, Obiang Nguema Mbasogo said that Africa should reorient itself to ensure its independence and security of African states through the safe production of its own consumer goods.

“Africa cannot be content to continue with the current dependence on the economies of the developed world. Africa is sailing upstream against a dependency that prevents them from moving toward sustainable development. Africa should rethink its relationship with the developed world to reduce as far as possible the gap that prevents access to development,” said Obiang.

“The development of agriculture can greatly reduce this dependence,” he said. “Africa can ensure food security and significantly reduce hunger in our countries. Africa should heavily invest in agricultural development to transform itself in order to accelerate growth to increase production and productivity,” said Obiang.

According to a press release African Press Organization sent to WIC, President Obiang proposed to the African Union the establishment of a program that focuses on the organization and exploitation of markets to promote trade and food security and to eradicate hunger, malnutrition and rural poverty. This will also reinforce the fight against climate change and agriculture.


He said that Equatorial Guinea is already investing in its agricultural sector. “As part of our diversification plan, Equatorial Guinea currently focuses on [agricultural] production to achieve these goals. It is imperative to ensure the security and stability of our states, since agriculture is the most vulnerable sector in times of instability, war and terrorism.” said Obiang

“It’s no coincidence that this session focuses on the issue of agriculture and food security in Africa. We cannot talk about the development of Africa if there is no agricultural development to ensure food security and avoid lifelong dependence on imports of consumer products.”

He noted that Africa counts on the support of organizations focused on agriculture and ways to improve the sector, and urged continued support for those organizations.

“The African Union must recognize and financially support the structures of non-governmental organizations, businesses and institutions created in Africa to support agriculture, such as the New Partnership for Africa’s Development (NEPAD).”

Obiang linked democratic and economic development. “Africa must contribute to a democratic development aimed at achieving economic development of society and the welfare of its citizens. It must be a democracy that seeks conflict reduction, he said.”

Obiang also urged his fellow Africans to prioritize South-South cooperation, a cooperation that respects the principles of equality.
“The last decade has marked considerable advancements of the African states. Many of them aspire to economic emergence in the near future. Nonetheless, the continent continues to be a victim of endemic diseases and insecurity that require a unified solution of the states.”

Obiang said it was a great honor for Equatorial Guinea to host the 23rd African Union Summit at “a moment that is crucial for the world nations as they struggle to find solutions to economic crises, security, hunger and poverty, and climate change that affect the world.” He said,  “The participation of the heads of state and numerous guests in this summit shows the interest and commitment that Africa and its partners have to find solutions to current issues.”

A session on agriculture and food security under the slogan “Transforming Africa's Agriculture, for Shared Prosperity and Improved livelihoods, through Harnessing Opportunities” was held in the afternoon.

Subscribe to get latest news

Visitors Counter

mod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_counter
mod_vvisit_counterToday18701
mod_vvisit_counterYesterday57414
mod_vvisit_counterThis week135597
mod_vvisit_counterLast week281452
mod_vvisit_counterThis month1011159
mod_vvisit_counterLast month1271595
mod_vvisit_counterAll days( since may 28, 2013)13417249

We have: 549 guests, 1 members, 35 bots online
No: 54.196.195.158
 , 
Today: Jul 29, 2014