By Xinhua writer Xiangjiang Wang

ADDIS ABABA Scarpe Nike Air Max 95 Uomo Bianche Italia , Jan. 29 (Xinhua) -- Africa, the only continent that is under developed and not industrialized, should reverse its dependence on exporting primary agricultural products and raw materials to embrace industrialization and modern agriculture, Rene N'Guettia, director for economic affairs at the African Union Commission, told Xinhua.

"The challenge is to develop Africa's industry," said Rene in an exclusive interview on the sidelines of the African Union summit here. "Africa cannot continue to export raw materials Scarpe Nike Air Max 95 Bianche Italia , cocoa, coffee without transformation."

Bucking a trend of economic downturn in Western Europe and the United States, Africa has become one of the fastest growing regions in the world, data from the International Monetary Fund (IMF) and the World Bank show. Sub-Sahara economies are predicted to grow up to 6.2 percent in 2014, the IMF said in October 2013.

"Indeed, Africa is the second fastest growing economy in the world," N'Guettia said. "But Scarpe Nike Air Max Flair Uomo Rosse Nere Italia , the growth mainly comes from the export of coffee, coco and other raw materials."

Africa needs industrialization in the medium and long term to sustain the economic progress, N'Guettia told Xinhua. "We need to industrialize the continent, to transform the raw materials locally, to bring FDI (Foreign Direct Investment) to settle here and to develop, to transform and to create joint ventures of African products."

"We have more than 1 billion population and the population is young. We have land to develop agriculture. We have raw materials. We have universities. So we foresee the future should be bright and brilliant," said N'Guettia. "But if we don't take care by having some conditions such as industrialization of the continent Scarpe Nike Air Max Flair Bianche Italia , the future will be disappointed."

The problem is the origin of the growth -- exportation of raw materials, and such growth cannot create jobs for the youth, he said. "So we need to diversify Africa's economy."

"Africa is the only continent that is under developed and not industrialized. So it is a question of emergence, to industrialize Africa as a whole. If not, it will be difficult for them to achieve economic emergence, to have an emerging economy."

"We have the raw materials. We need to transform them locally by developing industry. We need to add value to this raw material, " he said. "If we don't do that Scarpe Supreme x Nike Air Max 98 Uomo Nere Italia , we can have growth, even sustainable growth but the impact on real economy will be very limited. That's our concern."

The impact of industry on the economy is very huge in terms of job creation, revenue distribution and food security, he added.

On Africa's agriculture, the pillar of most economies in the continent, the director said the problem is that African agriculture so far cannot feed the African population.

"Africa controls 60 percent of arable land, but so far Africa cannot move away from hunger and from malnutrition Nike Air Max 97 Ultra '17 Uomo Bianche Italia ," he said.

In 2003, the African Union adopted the Comprehensive Africa Agriculture Development Program (CAADP), calling on members states to allocate at least 10 percent of public expenditures to the agricultural sector.

"This year is to assess this one to see how far this decision has been implemented, how many countries have implemented and how many countries did not implement and why," he said. "Also to see which kind of agriculture policy needs to be adopted so far so that we can develop agriculture and move away African population from hunger."

An AU report on CAADP implementation progress shows that "government spending on agriculture remains a challenge in Africa. "

For Africa as a whole, the average barely surpassed 6 percent of public sector spending to agriculture. Only 13 countries of the 54-member African Union, including Burundi Nike Air Max 97 Premium Light Bone Donne Italia , Bukina Faso, Republic of Congo and Ethiopia, surpassed the 10 percent target in any one year.

"We have land, farmers, and the youth so why don't we develop agriculture?" he said. Instead, Africa is importing rice and maize from outside, including Asia.

"Why don't we produce them locally so that we feed properly our population? So Nike Air Max 97 Just Do It Uomo Nere Arancione Italia , I think the outcome of this summit is to receive political guidance from heads of state so that the actors, the institutions can fast track the process of agriculture development, " he added.

African countries have recognized the need to transform its traditional agriculture. The 22nd African Union summit, slated for January 30-31 in Addis Ababa, Ethiopia, will be held under the theme: "Transforming Africa's Agriculture: Harnessing Opportunities for Inclusive Growth and Sustainable Development."

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