AfDB: Africa’s Agricultural Output Could Rise to $1tn Annually by 2030 Gilbert Ekugbe The African Development Bank (AfDB) has stated that with the removal of barriers to agricultural development aided by new investments,
The African Development Bank has stated that with the removal of barriers to agricultural development aided by new investments, Africa’s agricultural output could increase from $280 billion per year to $1 trillion by 2030
“This landmark event will be a turning point towards food sovereignty and resilience for the entire continent. The International Fund for Agricultural Development, the Islamic Development Bank, the Food and Agriculture Organization of the United Nations, the Bill & Melinda Gates Foundation, the Alliance for a Green Revolution in Africa, and several bilateral partners are among international supporters of the summit,” he added.
African countries are also expected to make measurable political commitments to implement policies designed to eliminate extreme poverty, hunger and malnutrition in Africa.
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