Improving Governance in Africa
Feed Africa
Agriculture employs over 60% of the African workforce and accounts
for 33% of the continent's GDP, yet Africa is the world's most
food-insecure region
Heavy dependence on food imports (over USD 35 billion)
More than 1 in 4 Africans is malnourished
Poor infrastructure
Limited access to
Inadequate
mechanization
credit, fertilizers and
technology
Insecure land tenure
Droughts, water scarcity and famine are well-known and real
60% of arable land in the world not yet put to production is in Africa
Africa's potential for agricultural production is enormous
How is AfDB tackling these challenges?
"Feed Africa initiative" will deploy financial resources to enable African
countries to seize the opportunity to promote agriculture related
industrialization
Accelerate support for massive agricultural transformation across Africa to:
Our
Goals:
Adequately
feed 150
million
additional
people
Create
Lift
100 million
people out
of poverty
Restore
productivity
to 190 million
hectares
jobs
Unlock the
potential of
agriculture
Lower
Revive
food prices
rural areas
AfDB's investment to quadruple from a current annual average of USD 612 million to about USD 2.4 billion
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