AfDB: Over $70bn Mobilised to Unleash Africa’s Food Production Potentials
The African Development Bank (AfDB) has stated that following its Dakar 2 Food summit, it has been able to mobilise over $70 billion in an unprecedented global effort to boost food production in Africa.
The Africa Food Systems Summit 2023, hosted by the multilateral agency which took place in Dar es Salam, saw African leaders pledge their commitments towards building better food systems and promote food sovereignty and was attended by 34 Heads of State and Government, 75 ministers, and heads of development partners.
The AfDB president, Dr. Akinwumi Adesina, stated this when he received the Africa-based Directors General of CGIAR at the bank headquarters in Abidjan to forge ways of scaling up food and agricultural productivity on the continent.
He stated that AfDB Group and the Consortium of International Agricultural Research Centres (CGIAR) are committed to strengthening their collaboration to increase food production and provide better nutrition for Africa’s growing population.
He noted that with 65 per cent of global uncultivated arable land, the Bank believes that the continent can feed itself and the rest of the world.
CGIAR centres are located across African countries and focused on enhancing food and nutrition security, reducing poverty, and improving natural resources and ecosystem services.
He stressed that they are critical to achieving food security on the continent, just as their counterparts in Southeast Asia and Latin America were also key to accelerating agricultural growth and food self-sufficiency.
The meeting was the first coordinated group visit by the four directors-general/regional directors and one deputy director general of CGIAR for Africa to a financing partner and came two days after Dr Adesina hosted a visit from United States Secretary of State Antony Blinken, during which the head of US diplomacy praised the bank for the exceptional efforts it is undertaking to help Africa feed itself and the rest of the world.
The leaders focused on securing long-term financing for research activities and for CGIAR to enhance its effectiveness across the continent. They also discussed capacity building for country-based national agricultural research services partners, young scientists and extension workers, and privatesector seed growers to produce certified seeds.
Adesina, said: “I was pleased with the reforms at CGIAR, and we must ensure that it is held accountable for results which must be at scale. We must unlock Africa’s agricultural potential and deploy technologies to millions of African farmers. CGIAR is central to that. I have made agriculture central to the work of this bank and central to the future of our continent.”
Adesina added that the Bank, with the approval of its board of directors, could consider including CGIAR in its long-term lending programme to countries:
“CGIAR leaders have local knowledge, experience and networks and are better placed to work with national institutions to combat climate change and increase productivity and food security,” he averred.
Leading the delegation, CGIAR Regional Director for Continental Africa and Director General of the International Institute of Tropical Agriculture (IITA), Dr. Simeon Ehui said: “The African Development Bank has been a long-standing partner of the CGIAR in providing technology.