Common African Agro-Parks (CAAPs) Technical Working Group

25-29 April 2023. The Common African Agro-Parks (CAAPs)-Technical Coordination Team (CAAPs-TCT) convened its 2023 Planning Workshop at UNIDO in Vienna, Austria.

The Common African Agro-Parks (CAAPs) Programme is a mega-initiative aimed at creating regional agro-industrial hubs implemented by the African Union.

#CAAPs4Africa

The Common African Agro-Parks (CAAPs) is a vehicle for attracting private investments in establishing transboundary mega agro-industrial hubs on the continent, within the framework of the Comprehensive African Agricultural Programme (CAADP) and the African Union (AU) Agenda 2063.

The creation of 5 large agro-industrial zones, one in each region of Africa, will serve as major agricultural development hubs for the continent.

The CAAPs was conceptualized to respond to the continent’s demand for increasing the supply of

locally produced agricultural goods, reversing projections on African food imports, value-added processing of agricultural products to boost intra-African trade and investment, tapping on the African food import market approximated at $50 billion per year.

CAAPS, a 37-million-dollar investment, has already received USD 0.5million USD in seed capital from Afreximbank. On the implementation of the cross-border agro parks in Zambia and Zimbabwe.

The CAAPs also intend to provide over 8 million job opportunities within the crop and livestock value chains.

Related:

25 April. African Development Bank Group, JICA sign $350 million loan agreement to support Africa’s private sector

JICA’s support would be crucial in the implementation of the Special Agro-processing Industrial Zones, which will be the biggest game changer of Africa’s agriculture. It will transform rural economies, reduce food loses, process and add value to crops produced in rural areas and create jobs,” Adesina added.