April 30

Analysis: Unlocking Africa’s $1 Trillion Food Economy: The Role of Global Aid and Sustainable Technology

By Tunde Kara

Global aid is crucial to realizing Africa’s $1 trillion food economy. It can help promote sustainable growth by targeting obstacles, enhancing resilience and unleashing the continent’s agricultural capabilities.

Global aid is also vital for nurturing trade and economic integration, which are fundamental to Africa’s agricultural development agenda. The African Development Bank forecasts a potential surge in the food and agriculture market from $280 billion annually to $1 trillion by 2030.

Source: World Economic Forum (link opens in a new window)

Agriculture, Technology
agtech, food security, MSMEs, NGOs, SDGs, solar