By 2025, Africa aims to feed its fast growing population with its own production. What is more, the world will need Africa’s help to feed an extra two billion people in the coming generation. So making the right investments right now is crucial to unleash the huge potential of Africa’s farms and agribusinesses.
The African Development Bank, as one of the leading investors in agriculture in the continent, has been firmly on track on how it has deployed US$5.5 billion in investments in agriculture over five years to 2015, the new Development Effectiveness Review on Agriculture released today shows.
Here is a brief report card of the AfDB’s topline results: the Bank trained three million people on better farming practices, put 20,000 food marketing and storage into use, constructed four thousand kilometers of feeder roads, offered 150,000 microcredit loans, irrigated and built other water systems on 181,000 hectares of farmland.
“The Development Effectiveness Review is mission accomplished, as the AfDB sets out an even more ambitious agenda in its Feed Africa strategy to end hunger and extreme poverty by 2025”, Simon Mizrahi, Director of Quality Assurance and Results that authored the Development Effectiveness Review on Agriculture. See more