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    Quality of South African citrus remains commendable: Saudi Arabia

    Quality of South African citrus remains commendable: Saudi Arabia

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    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

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    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

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    Agrilevante to exhibit robotics for agriculture

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  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock
    Quality of South African citrus remains commendable: Saudi Arabia

    Quality of South African citrus remains commendable: Saudi Arabia

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

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    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

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    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

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    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

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    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

  • Africa
    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

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    African Development Bank adopts new Country Strategy Paper covering 2023-2028

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    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

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    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

  • Company
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    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

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    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

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    World Bank, UN launch programme to help Mozambique improve forestry management

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

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    UN announces US$1.2mln animal health programme for Mozambique

  • International
    Space 2023 promise to offer high-quality content

    Space 2023 promise to offer high-quality content

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    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

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    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

  • Markets
    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

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    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

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    Russia-Ukraine war poses upsides risks on African agriculture: Economist

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    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

  • Equipment
    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    AWARD targets to improve African smallholders’ livelihoods

    AWARD targets to improve African smallholders’ livelihoods

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

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    Lusophone countries benefit from Africa Investment Forum

    President Nyusi excited about the prospects the new vegetable oil factory brings

    President Nyusi excited about the prospects the new vegetable oil factory brings

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AfDB commits $10 billion to fight food insecurity

Ian by Ian
January 30, 2023
in Africa, Editor picks, News
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African Development Bank Group (AfDB) has announced intentions to commit $10 billion over the next five years to boost Africa’s efforts to end hunger.

Dr. Akinwumi Adesina, AfDB Group President made the announcement at the Dakar 2 Africa Food Summit in Diamniadio, Senegalese capital of Dakar.

Adesina called on more than 34 heads of state, 70 government ministers, the private sector, farmers, development partners, and corporate executives to work out compacts that would deliver food and agriculture transformation at scale across Africa.

He encouraged them to take collective action to unlock the continent’s agricultural potential to become a global breadbasket.

The Dakar 2 summit—under the theme Feed Africa: food sovereignty and resilience—takes place amid supply chain disruptions caused by the Covid-19 pandemic, climate change, and Russia’s invasion of Ukraine. More than a thousand delegates and dignitaries attended, including the President of Ireland Michael D. Higgins.

The Government of Senegal and the African Development Bank Group are co-hosting the summit, eight years after the inaugural Dakar 1 summit where the newly elected Adesina announced the Bank’s Feed Africa strategy.

Opening the summit, President Sall—who is also the African Union chairperson—said the time had come for the continent to feed itself by adding value and stepping up the use of technology.

“From the farm to the plate, we need full food sovereignty, and we must increase land under cultivation and market access to enhance cross-border trade,” said Sall.

The Chairperson of the African Union Commission Moussa Faki Mahamat said the Dakar summit was timely and would provide innovative solutions to help Africa become less dependent on food imports.

“Food sovereignty should be our new weapon of freedom,” Mahamat told the gathering.

He urged development partners to work together within existing structures, such as Agenda 2063 and the African Continental Free Trade Area, for sustainable transformation.

Mahamat commended the African Development Bank for rolling out transformative initiatives, including a $1.5 billion emergency food production facility in 2022 to help African countries avert a potential food crisis following Russia’s war in Ukraine.

“It is a shame that 60 years after independence, we are gathered to talk about feeding ourselves. We can and we must do better,” said President of Kenya, William Ruto.

“Today over 283 million Africans go to bed hungry every day. This is not acceptable. No mother should ever have to struggle with the rumbling of the stomach of a hungry child,” added the African Development Bank Group Chief.

“We must raise the bar. We must raise our ambition. We must arise and say to ourselves: it is time to feed Africa. The timing is right, and the moment is now. Feed Africa; we must,” said Adesina.

The bank head urged the leaders to turn political will into decisive actions to deliver food security for Africa, “We must strongly support farmers, especially smallholder farmers, majority of whom are women, and get more young people into agriculture. And we must take agriculture as a business, not a development activity, and boost support to the private sector.”

President Higgins of Ireland said with Africa’s young population accounting for about 20 percent of the world’s young people, the continent had great potential. He said the rest of the world would look up to it in the future.

“Let us make this century Africa’s Century, one which will see the continent become free from hunger,” Higgins said.

In his message to the summit, United Nations Secretary-General Antonio Guterres acknowledged that Africa was currently facing the challenges of climate change and food insecurity, as the Russia-Ukraine war had caused the price of fertilizers to shoot up and made their supply difficult.

He pledged the UN’s support to help Africa become a global food powerhouse.

President Muhammadu Buhari of Nigeria said countries must offer more robust support for farmers, dedicate a chunk of the national budget to agriculture, and motivate youth and women to farm.

Buhari said: “Feeding Africa is imperative. We must ensure we feed ourselves today, tomorrow, and well into the future.”

The Nigerian president commended Dr. Adesina and the African Development Bank for rolling out special agro-industrial processing zones across the continent, including in Nigeria.

He said: “Special agro-industrial processing zones are game changers for the structural development of the agriculture sectors. They will help us generate wealth, develop integrated infrastructure around special agro-processing zones, and add value.”

During the three-day summit, private sector players are expected to commit to national food and agriculture delivery compacts, to drive policies, create structural reforms, and attract private sector investment.

Central bank governors and finance ministers are expected to develop financing arrangements to implement the food and agriculture delivery compacts, in conjunction with agriculture ministers, private sector players, commercial banks, financial institutions, and multilateral partners and organisations.

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