Viewpoints | Apr 22,2022
Dec 23 , 2023
By Ousmane Dione , Girma Amente
A home to Africa's largest livestock population, Ethiopia can tap into an unexplored treasure: the livestock and fisheries sector. A visionary partnership between the World Bank and the federal government promises to transform this sector, accounting for nearly 20pc of the GDP. It can be a game-changer for the country's growth, write Ousmane Dione, World Bank's country director for Eritrea, Ethiopia, South Sudan and Sudan, and Girma Amente (PhD), minister of Agriculture.
Ethiopia’s livestock and fisheries sector holds immense economic growth and development potential. With the largest livestock population in Africa and ranking fifth in the world, the sector accounts for nearly 20pc of the country’s GDP. It employs a significant portion of the labour force.
Ethiopia has untapped opportunities in the fisheries and aquaculture sector. Recognising this potential, the World Bank and the federal government have partnered to develop the sector. The Livestock & Fisheries Sector Development Project (LFSDP), financed by the World Bank and implemented by the Ministry of Agriculture, aims to unlock the sector’s potential by promoting productivity and commercialisation in the dairy, poultry, fisheries, and small ruminant value chains.
Recently, we conducted a joint field visit to Hawassa in the Sidama Regional State to assess the implementation of the project. These joint missions hold great significance as they allow us to gain firsthand insights into the projects’ execution and understand their real-world implications. Our aim is to learn what is working, what is not, and what we can do better, to deliver bigger, faster and greater results for all Ethiopians.
One of the key strengths of the LFSDP is its focus on social inclusion. The project is creating income-generating opportunities for women and unemployed youth, empowering them to participate actively in the sector.
We had the pleasure of meeting Haven and Adanech, two inspiring women actively involved in the dairy business. Along with their partners, they manage ‘The Burkito Milk Processing Centre’, offering a wide range of high-quality dairy products such as fresh cheese, creamy yoghurt, rich butter, and other delectable dairy treats. Their business has not only generated a substantial income for themselves and their families but has also become a source of inspiration for other women in their community.
Haven and Adanech’s remarkable success story demonstrates the transformative power of initiatives like the LFSDP in empowering women. Programs like the LFSDP enable women to break barriers, overcome societal limitations, and achieve economic independence by providing them with the necessary resources, training, and support.
We also interacted with Yosef and his friends, a group of young university graduates who have ventured into the poultry and livestock sector. These young Ethiopians are not only creating employment opportunities for themselves but are also contributing to the country's overall economic growth. Their dedication and enthusiasm serve as evidence of the sector's potential to promote job creation and youth empowerment.
The project contributes to building human capital by improving family nutrition. It is enhancing the productivity and efficiency of the livestock and fisheries sector, which leads to increased availability and accessibility of nutritious food sources. This, in turn, improves the nutritional status of families and individuals, especially in rural areas where access to diverse and nutritious food can be limited. Improved nutrition directly impacts human capital as it enhances physical and cognitive development, leading to better health outcomes and improved productivity.
The LFSDP also ensures household food security by helping to increase the production and availability of food resources within communities. This reduces the reliance on external food sources and enhances the resilience of households in the face of food shortages or price fluctuations. When households have access to an adequate and stable food supply, it positively impacts their overall well-being and allows individuals to focus on other aspects of their lives, such as education and skill development.
Projects such as LFSDP could also be crucial in promoting peace and stability, especially in conflict-prone communities. By addressing youth unemployment, improving livelihoods, fostering social cohesion, and working in partnership with diverse stakeholders, the project contributes to long-term stability. By creating economic opportunities, reducing poverty and inequality, and bringing together different communities to promote cooperation and shared responsibility, LFSDP and similar initiatives pave the way for a peaceful and prosperous future for all Ethiopians.
While LFSDP has made significant strides, challenges still need to be overcome.
The limited adoption of improved practices, inadequate support services, and a limited marketing and processing facilities hinder the growth of these sectors. Certain steps must be taken to unlock the potential and optimise the impact of the project and the sectors. Diversifying activities is crucial to reduce dependence on a single activity of the sector and promote resilience.
Embracing new technologies and innovative practices will enhance productivity and efficiency. Establishing market linkages and improving value chains will ensure farmers and producers access profitable markets. These measures will not only help the project beneficiaries but also contribute to the overall growth and development of the livestock and fisheries sectors.
PUBLISHED ON
Dec 23,2023 [ VOL
24 , NO
1234]
Viewpoints | Apr 22,2022
Commentaries | Dec 11,2021
Commentaries | Jul 23,2022
Fortune News | Oct 07,2023
Fortune News | May 06,2023
Editorial | Sep 18,2021
Viewpoints | Jun 10,2023
Fortune News | Feb 08,2020
Editorial | Apr 09,2022
Fortune News | Nov 30,2019
Photo Gallery | 96913 Views | May 06,2019
Photo Gallery | 89131 Views | Apr 26,2019
My Opinion | 67222 Views | Aug 14,2021
Commentaries | 65778 Views | Oct 02,2021
Feb 24 , 2024 . By MUNIR SHEMSU
Abel Yeshitila, a real estate developer with a 12-year track record, finds himself unable to sell homes in his latest venture. Despite slash...
Feb 10 , 2024 . By MUNIR SHEMSU
In his last week's address to Parliament, Prime Minister Abiy Ahmed (PhD) painted a picture of an economy...
Jan 7 , 2024
In the realm of international finance and diplomacy, few cities hold the distinction that Addis Abeba doe...
Sep 30 , 2023 . By AKSAH ITALO
On a chilly morning outside Ke'Geberew Market, Yeshi Chane, a 35-year-old mother cradling her seven-month-old baby, stands amidst the throng...
Apr 27 , 2024
The Prosperity Party (PP) - Prosperitians - is charting a course through treacherous...
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia...
Apr 13 , 2024
In the hushed corridors of the legislative house on Lorenzo Te'azaz Road (Arat Kilo)...
Apr 6 , 2024
In a rather unsettling turn of events, the state-owned Commercial Bank of Ethiopia (C...
Apr 20 , 2024
Ethiopia's economic reform negotiations with the International Monetary Fund (IMF) are in their fourth round, taking place in Washington, D...
Apr 20 , 2024 . By BERSABEH GEBRE
An undercurrent of controversy surrounds the appointment of founding members of Amhara Bank after regulat...
An ambitious cooperative housing initiative designed to provide thousands with affordable homes is mired...
Apr 20 , 2024 . By AKSAH ITALO
Ethiopia's juice manufacturers confront formidable economic challenges following the reclassification of...