Food Security at Center of AfDB Annual Meeting

Prioritizing agriculture for its role in poverty reduction, overcoming hunger and food insecurity, the African Development Bank (AfDB) Group said its annual meeting in India will focus on food security in Africa.

The 52nd Annual Meetings of AfDB Group will be held on the 22nd to 26th of May 2017 in Ahmedabad, India. The Meetings will be held on the theme: “Transforming Agriculture for Wealth Creation in Africa” reflecting the significance of agriculture in Africa and in the Bank’s development work. The Annual Meetings are the Bank’s largest annual event.

Agriculture has a fundamental place in the United Nations Sustainable Development Goals (SDGs) and the African Union’s Agenda 2063. Reflecting the global and continental agenda, the Bank has prioritized agriculture transformation by designating it as one of its High 5s: Feed Africa. Agriculture is an important economic sector in Africa given its significance to poverty alleviation, food security and economic transformation.

Africa spends about $35 billion per year on food imports and this figure could rise to $110 billion by 2025.

The potential of the continent is not fully realized, resulting in under performance and chronic food shortages. Climate change also poses a serious threat to traditional production methods which are widely used in Africa by small scale farmers.

http://newbusinessethiopia.com/food-security-at-center-of-african-development-bank-annual-meeting/

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