Africa’s food and agribusiness industry set to hit US$1 trillion mark by 2030

Africa’s food and agribusiness industry is set to reach US$1 trillion mark by 2030, Dr. Akinwumi Adesina, the President of the African Development Bank (AfDB) told delegates at the World Food Prize Foundation’s Norman E. Borlaug dialogue in Des Moines in the U.S state of Iowa on Oct. 27.

The annual event in America’s agricultural heartland, revolved around this year’s theme of “harnessing change,” with delegates and panelists exploring innovative ideas to shore up innovation, adaptation, and diversification, and mechanisms for improving resilience, recovery from shocks, and sustainable systems to feed the world.

The African Development Bank, which is leading the charge to feed Africa, played an active part in the Borlaug Dialogue. At a session titled “From Dakar 2 to Des Moines” on Oct.27, Adesina highlighted the achievements of the Dakar 2 summit, which the Bank organised in conjunction with the Senegalese government and the African Union.

Source : Independent

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