National AgriWeek and Expo 2021, is an Agriculture and Agro-Tech Trade
Mission and Business Delegation to Europe and Asia, designed to create
opportunity for growth in the Agro sector of the economy.
The Agriculture trade mission and expo is powered by Trade Nigeria, and the program will be a
breaking ground for Agro business and, also unifying international countries
seeking to unlock new export opportunities in Africa where strong economic
growth is driving demand for imported food and farm products.
By 2050, the world will need to
feed 9bn people, 2bn more than we feed today. In order to meet this demand,
global food production must increase by an estimated 70 per cent in the next 30
years. Africa which contains 65 per cent of the world’s unexploited arable land
has a key future role in delivering global food security.
Yet less than a third of Africa’s
arable land is under cultivation, resulting in African food imports that total
$35bn a year. To meet future demand, this equation must be reversed.
Supporting farmers and their
local ecosystem is critical to unlocking the full potential of African
agriculture.
To be successful, African farmers
need a reliable supply of agricultural products that increase the efficiency of
their land. They also need better education and training to boost soil
fertility and access to financing to provide stability for their operations.
Transport and storage infrastructure is also essential to allow access to
markets and support any increased agricultural output, whether its destination is
local, regional or international.
However, Africa’s fragile arable
lands are at risk of further depletion in the next decade, a threat that is
exacerbated by the effects of climate change. Achieving the goal of securing
our global food supply must be done in a way that protects our continent’s most
precious resource, our land.
A challenge is the lack of a
secure and affordable supply of fertilizer that meets the needs of local soils
and crops. Africa currently has the lowest fertilizer consumption rate in the
world representing only 2 per cent of global consumption despite holding 20 per
cent of the world’s population by some estimates. When African farmers do use fertilizer,
they pay two to six times more than the average world price.
Water scarcity is the most important challenge facing agriculture in Africa.
Roughly two-thirds of African lands are located in arid or semi-arid areas made
even more vulnerable by climate change, while lands endowed with water often
lack storage and delivery systems to effectively irrigate.
Investment in logistics and good
governance is also required to ensure supplies and produce flow easily and
surplus production is stored efficiently.
Private and public institutions
around the world need to join efforts to provide resources and expertise, help
with technology transfer and capacity building, and share best practice.
Smarter approaches to agriculture
could increase the annual value of the continent’s production from $280bn to
$880bn by 2030, helping boost global food supply, creating new jobs and
improving other economic sectors. This challenge of delivering investment and
good governance required is immense, but it is a prize worth chasing.
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