African Business Magazine’s Post

Placing farmers at the core of development efforts is pivotal to achieving food security in Africa. As the continent strives to meet the #SDGs and Malabo Commitments, challenges like climate change, inflation, and conflicts loom large. Recognising the urgency, policymakers are urged to align policies with farmers' needs and boost access to funding in agriculture. At the recent #ARFSD event, stakeholders emphasised the pivotal role of farmers in #Africa's progress. While #CAADP sets ambitious goals, concrete actions are needed to translate commitments into results. Private sector involvement is crucial for investment and innovation. By fostering #collaboration and strategic #partnerships, #Africa can fortify its agricultural systems and advance food security. Innovative financing mechanisms hold the key to unlocking the continent's agricultural potential. Placing farmers at the forefront and improving funding access can steer Africa towards a brighter future for all. #FoodSecurity #AgriculturalDevelopment #Africa2030 🌾🌍 Sponsored: United Nations Economic Commission for Africa

The African Union (AU) has adopted a 10-year agricultural development strategy that aims to increase domestic food production by 45% by 2035. The country’s population is expected to reach 2.5 billion by 2050, while the world’s population is expected to increase by 9.8 billion, raising food security issues. https://lnkd.in/dzr-fEsK

As African nations strive to overcome food insecurity and economic challenges, the United States is stepping in with robust support aimed at fostering sustainable growth and resilience in the continent's agricultural sector. At the recent Africa Food Systems Forum, Dina Esposito, Assistant to the Administrator at USAID, underscored the critical role of U.S. initiatives in addressing these pressing issues.   Strengthening African Agriculture At the heart of the discussion was the "Feed the Future" program, a U.S. #AfricaUSstrategicpartnership #Africanagricultureinitiatives #Africanfoodsecurity #AfricanSMEsfinancing #ClimateSmartAgriculture #FeedtheFutureAfrica #foodsystemsresilience #sustainableagricultureAfrica #USAfricapartnership #thxnews

 As Africa races against time to meet the Sustainable Development Goals (SDGs) by 2030 and the Malabo Commitments to end hunger by 2025, the continent faces formidable challenges aggravated by climate change, inflation, and regional conflicts. The urgency to reevaluate financing mechanisms is increasingly recognized, with a growing emphasis on mobilizing domestic resources and exploring innovative financing solutions to bolster agricultural development. In an event at the 10th African Regional Forum on Sustainable Development (ARFSD) held in Addis Ababa, a clarion call has been issued to policymakers to center their policies around the needs of farmers and enhance access to funding in the agricultural sector. The imperative to empower farmers and provide them with adequate financial resources is underscored as essential steps towards eradicating hunger, achieving food security, sustainable development, and realizing the broader objectives of the African Union Agenda 2063. During a session themed " Harnessing the potential of innovative financing for reinforcing CAADP implementation towards Africa free of hunger and sustainable, resilient agri-food systems," Mr. Godfrey Bahiigwag, Director of the Sustainable Environment and Blue Economy Directorate at the African Union Commission, emphasized the critical role of farmers in driving progress and development in Africa. The Comprehensive Africa Agriculture Development Programme (CAADP), a cornerstone initiative of Agenda 2063, outlines ambitious targets for transforming African agriculture by 2025, including the commitment of African governments to allocate at least 10% of national budgets to agriculture and rural development. However, the participants at ARFSD stressed that there is a pressing need for concrete action to translate these commitments into tangible outcomes on the ground. Private sector engagement is identified as critical in driving investments and innovation in Africa's agri-food and nutrition sector, offering critical resources and expertise to address the complex challenges facing the agricultural landscape. “By fostering collaborative efforts and forging strategic partnerships, stakeholders can amplify the impact of CAADP, fortifying Africa's agricultural systems and advancing the goal of food security across the continent”, said Mr. Menghestab Haile, Regional Director for Southern Africa, WFP. Read full article 👉 https://lnkd.in/gpEtXx6m #ARFSD2024 #SustainableDevelopmentGoals #SDGs #Agenda2030 #Africa #Farmers #Agriculture

In Africa, the race to achieve the SDGs by 2030 and the Malabo commitments to end hunger by 2025 is hindered by formidable challenges such as climate change, inflation, and regional conflicts. The call to rethink financing mechanisms intensifies, with a growing emphasis on mobilizing internal resources and innovative financing solutions to strengthen agricultural development. #Africa #SDGs #Malabocommitments #sustainabledevelopment #agriculture #innovativefinancing #CEA

In a significant step forward, African leaders gathered at the Extraordinary AU Summit in Kampala, Uganda, to adopt the Kampala CAADP Declaration, setting an ambitious agenda to transform the continent’s agrifood systems. Aligned with the Malabo Declaration and the goals of the Comprehensive Africa Agriculture Development Programme (CAADP), this declaration emphasizes food security, sustainability, and resilience in addressing current agricultural and food challenges..... More informations : https://lnkd.in/e8UXuTg2

After decades of rising farm production, South Africa is still a hungry nation, with constant pressure on food security—a priority area for the new Government of National Unity (GNU). PwC’s newly released report explores four key solutions that could possibly support South African agricultural businesses to address these food security challenges. Learn more here: https://lnkd.in/dzZ8ezeq #Agribusiness #foodsecurity #impactmeasurement

After decades of rising farm production, South Africa is still a hungry nation, with constant pressure on food security—a priority area for the new Government of National Unity (GNU). PwC’s newly released report explores four key solutions that could possibly support South African agricultural businesses to address these food security challenges. Learn more here: https://lnkd.in/d3VvKwH5 #Agribusiness #foodsecurity #impactmeasurement

Exciting News for Food Security and Agriculture in Africa! We are thrilled to announce a new agreement between the FAO Investment Centre and the African Development Bank Group, aimed at boosting investment in food and agriculture across Africa, with a focus on countries most at need. This collaboration will leverage the strengths of both organizations to drive sustainable development, enhance food security, and promote agricultural innovation. Through the combined expertise and resources of the FAO and AfDB, we are committed to empowering African farmers, increasing productivity, and ensuring resilient food systems. Together, we will focus on: - Mobilizing private and public investments. - Enhancing the capacity of local institutions. - Promoting climate-smart agriculture and sustainable practices. #SustainableAgriculture #FoodSecurity #Investment #Africa #FAO #AfDB #Partnership Pascal Sanginga Martin Fregene Mohamed Manssouri Nuno Santos Alessandro Marini Read more here in English : https://lnkd.in/dkPuEdch Or in French here: https://lnkd.in/dz2Fb8xn

Over the past two decades, Africa has embarked on a continental journey to transform its agricultural sector, with another pivotal decade on the horizon. From the Maputo Declaration of 2003 to the Malabo Declaration of 2014 and the new Kampala Declaration of 2025, one constant emerges: agriculture remains the backbone of African economic development. Yet, this critical sector has been subjected to waves of experimentation, undermining its potential to drive lasting structural transformation. Persistent debates over land tenure systems, input subsidies, small-scale versus large-scale farming, domestic versus international commodity trade, and the roles of state versus private-sector leadership continue to create friction. Meanwhile, the stark realities of climate change are bearing down on countless African farmers, threatening their livelihoods and deepening the urgency for actionable solutions. Amid these challenges, various ideological frameworks have been promoted as the ultimate answer to transforming African agriculture. However, the frequent policy reversals and experimental approaches of the past 20 years have stalled consistent progress. In the decade ahead, it is imperative to replace these cycles of uncertainty with science-driven policies tailored to the unique contexts of African agriculture. African leaders must prioritize evidence-based strategies, resisting the allure of unproven, ideological/trend-driven ideas that neglect both existing scientific insights and the nuanced realities on the ground. Only through unwavering commitment to scientifically grounded policies can the continent realize its vision for a thriving, resilient, and transformative agricultural sector. #Agriculture4Developmet