African needs to fast track capacity building to achieve Vision 2063

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Addis Ababa, 1 February 2014  (WIC) - Africa has to fast track its capacity development if the African Union’s (AU) Vision 2063 to get the entire continent to middle or upper income level is to be achieved, said Professor Emmanuel Nnadozie, Executive Secretary of the African Capacity Building Foundation (ACBF).
Prof. Emmanuel Nnadozie made the remark at a press conference he gave on January 31, at the AU Headquarters in Addis Ababa on the sidelines of the 22nd Ordinary Session of Assembly of Heads of State and Government held from January 27-31, 2014.
The AU, during its 50th Anniversary Jubilee celebrations held last May, announced a roadmap “Vision 2063” which aims to help the continent uplift itself economically and socially.
“Sustainable development requires not only the right places right investments and right strategies,” stated Prof. Nnadozie adding that it also would require a lot of human, organizational and institutional capacity. Capacity building in these areas from the local administration levels to the continental level, Prof. Nnadozie, said is of paramount importance to reach the stated goals in the Vision 2063.
“Growth is not enough, African countries are growing at an average of five percent annually, but this has to be coupled with youth unemployment,” cautioned the Executive Secretary who assumed duty as chief of ACBF last month.
According to reports cited by the ACBF the continent needs a job creation for 200 million of the continent’s youth population.
The Executive Secretary also stated that Africa’s economy not only needs to create job opportunities but also needs for the economy to be diversified and growth to be generated from an area where jobs can be generated in a sustainable manner.
“A shift from primary products and agricultural products to industrialization as structural transformation is important, as it  needs  lots of skills and lots of capacity, and to have people with the competency to build such kinds of stuffs”  stated Nnadozie.
The Executive Secretary, has been on his first high level mission to the AU Summit from January 27 to 31 in Addis Ababa, where he actively engaged donors and partners of ACBF alike, undertaking back to back meetings and courtesy calls.
The African Capacity Building Foundation was founded in February 1991 with a stated mission to build a sustainable human and institutional capacity for sustainable growth and poverty reduction in Africa.
It’s as an outcome of collaboration between African governments and the international donor community, with a stated vision for Africa to be recognized as a continent with effective institutions and policies acquired through sustained investment in people and institutions.