Food crisis in Africa: Development partners pledge $30b over 5 years.

Africa

Food crisis in Africa: Development partners pledge $30b over 5 years.

January 28, 2023January 28, 2023

In his concluding remarks at a summit on food security on Friday, Akinwumi Adesina, President of the African Development Bank, announced that development partners have pledged $30 billion to increase food production in Africa over the next five years.

To mobilize financing and political commitment, the three-day conference in the capital city of Senegal, Dakar, brought together African leaders, development banks, and foreign partners including the United States, the European Union, and Britain.

The main message was that African nations should increase their ability for food production rather than relying so much on imports, which has left them vulnerable to price increases and shortages.

According to estimates from the United Nations, the continent is currently experiencing its worst food crisis ever, with more than one in five Africans – a record 278 million people – suffering from hunger.

According to experts, long-term causes of food insecurity including climate change and violence have been exacerbated by the heavy debt loads brought on by the COVID-19 pandemic and the war in Ukraine, which increased the price of fuel, grain, and edible oils.

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