Thursday, November 21, 2024

Achieving Zero Hunger in Africa is within reach, say global Agriculture leaders in Dakar

By our Correspondent

It has been declared that eradicating hunger from Africa by 2030 is possible. This was affirmed by global agriculture leaders in Rome at the meeting ahead of the African Food Summit (Dakar 2) to be hosted by President Macky Sall in Dakar, Senegal, from 25-27 January 2023.

President of the African Development Bank Group, Dr. Akinwumi Adesina, the International Fund for Agricultural Development (IFAD) President, Alvaro Lario, and the Food and Agriculture Organization (FAO) Director General Qu Dongyu said the target was achievable.

In this vein, the high-level Dakar 2 summit, themed ‘Unleashing Africa’s Food Potential,’ co-convened by the African Development Bank and the International Fund for Agricultural Research, will attract African Heads of State, Ministers of Finance and Agriculture as well as several global development partners.

Interestingly, the goal of the Dakar 2 conference is to mobilize political support for the structural transformation of agriculture in Africa, following renewed global interest in the sector, and the fallout of Russia’s invasion of Ukraine which has led to a significant rise in the cost of food production and imports.

In this regard, Adesina said, “It is inexcusable that a continent with 65% of the world’s most arable land and abundant water resources, would still suffer from food insecurity. The summit is a critical global effort to systematically and proactively help Africa achieve Zero Hunger.”

READ MORE: SA Economy Experience Strong Surge with Growth in Third Quarter

And according to the Bank chief, “We have the technologies, platforms, and resources to change the status quo by energizing the private sector, scaling up food production for millions of African farmers, unlocking finance for farmers and agricultural SMEs, and transforming the agriculture and food value chains.”

Congratulating the African Development Bank on its historic and largest ever ADF16 donor replenishment, IFAD President, Alvaro Lario, acknowledged the Bank Group’s leadership and the decades-old partnership between the institution and the Bank.

It is noteworthy that the African Development Bank Group and IFAD account for 55% of all multi-development assistance to agriculture in Africa. As co-conveners of the Africa Food Summit in 2023, the Bank Group and IFAD will work on policy frameworks and food and agriculture delivery compacts.

Hence, according to the conveners, performance-based compacts with African governments, development partners, and the private sector, that meet clear food self-sufficiency targets, will be at the core of the Dakar 2 Africa Food Summit.

In this direction, FAO Director General, Qu Dongyu, said long-term partnerships and joint resources with the African Development Bank Group will help leverage and catalyze agricultural projects across the continent.

In his words, “We must work together on the whole agricultural value chain of food production, food processing, and food marketing in a complementary, pragmatic and results-oriented way. Ensuring food security is the end game,” he said.

The recent collaboration between FAO and the African Development Bank Group includes the identification and preparation of projects in Tanzania and Equatorial Guinea, and technical development of blue economy programmes in Cabo Verde, Côte d’Ivoire and Morocco; climate-smart agricultural training, and multi-stakeholder dialogues on the Bank’s Desert to Power and Great Green Wall initiatives.

Again, the January 2023 Africa Food Summit will focus on scaling access to technologies and finance for agriculture SMEs and smallholder farmers, increased productivity, and the development of seed, storage, electricity, transport logistics and infrastructure.

Hot this week

South Africa Declines Aid for 4,000 Illegal Miners Trapped in Abandoned Mine

South Africa has declared it will not assist approximately...

Tinubu’s Reforms Aim to Lift Nigerians Out of Poverty, Drive Economic Growth – Edun

President Bola Tinubu’s administration is intensifying efforts to lift...

Football Powerhouses and New Contenders Set for TotalEnergies CAF Africa Cup of Nations 2025

Football's biggest stars and emerging contenders are set to...

Amb Iheagwu James Chimezie Inducted as Ambassador for Youth Development in Africa by the African Youth Parliament

Kwanena Osei The African Youth Parliament in a statement on...

Nigeria Leads Africa with 13.5% Rise in Student Enrollment at U.S. Universities: 7th in Global Rankings

The number of Nigerian students enrolling in U.S. colleges...

Nigeria Needs to Focus on Export Growth for Economic Recovery, Says Sanwo-Olu

Lagos State Governor Babajide Sanwo-Olu has called for a...

Football Powerhouses and New Contenders Set for TotalEnergies CAF Africa Cup of Nations 2025

Football's biggest stars and emerging contenders are set to...

Experts Raise Alarm Over Health Risks of GMOs in Nigeria

Experts have raised significant concerns about the health risks...

Somaliland Opposition Leader Abdirahman Cirro Wins Presidential Election, Securing 64% of the Vote

Somaliland’s opposition leader Abdirahman Cirro has emerged victorious in...

Tinubu’s Reforms Aim to Lift Nigerians Out of Poverty, Drive Economic Growth – Edun

President Bola Tinubu’s administration is intensifying efforts to lift...

Nestlé Nigeria Unveils Prestigious Judging Panel for the 2024 Media Awards

Nestlé Nigeria has unveiled the panel of judges for...

A 3 Billion MEGA infrastructure Rail Project connecting Uganda and Kenya kicks off in November

Here’s what to know: Uganda's government and Turkish construction...
spot_img

Related Articles

Popular Categories