AFRICAN AGRICULTURAL
TRANSFORMATIONInclusive, Sustainable andResilient Food Systems

Atsuko TODA
African Development BankMEETING SDG TARGETS FOR POVERTY AND EMPLOYMENTCOVID-19 Cases in AFRICA

Headline Numbers
Africa has a population of 1.2
billion people. 650 millionpeople (50% of Africa’spopulation) face food andnutrition insecurity (McKinseydata)
The number of people
globally classed as acutely
food insecure will double toabout 265 million. The
majority of them are likely tobe in Africa. (World FoodProgramme)
2AFRICAN FOOD MARKET CHARACTERISTICS• Revenue in African food market amounts to roughly US$750 billion in2021. The market is expected to grow annually at a compound annual
growth rate of 6%, about double that of the global market.
• Average per capita consumption stands at 338.9kg in 2021 at theglobal level, whereas it stands at 201.3kg in Africa.
• As population increases, the demand for food is projected to rise by
60% more than today’s levels.
According to the Food Security Information Network (FSIN), thereare 73 million people on the African Continent that require foodaid.
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African Development Bank’s Strategy: Feed Africa
The Bank’s Ten Year Strategy is focused on five operational priorities: the “High 5s”

1

Light up andPower Africa• Universal accessto electricity• Clean andrenewableenergy2FeedAfrica• Agricultural
Transformation• Access to food
• Increased African
production

Industrialize
Africa4 Integrate• Industrial
Transformation• Economic
diversification• Regional Market• Building regional
infrastructure• intra-African
trade &investment

3Africa

5Improve thequality of life forthe people ofAfrica• Access to social &economic
opportunities• Creating 25 millionjobs• Building critical skills

Agricultural Finance focus

4PRIORITIES for BUILDING RESILIENCEVALUE CHAIN APPROACH
Wheat in North Africa
Sorghum, millet,
cowpea, andlivestock across theSahel

Rice in West
AfricaCassava in humid and sub-humid zones

Maize,
soybean,livestock,and poultry
across theGuinea
Savannah

Treecrops(including cocoa,coffee, cashew,
and oil palm),horticulture andfish
farmingacrossallofAfrica❑ African Markets – Build
competitiveness in domestic foodmarkets, which are growing extremely
fast in Africa.
❑ Reconfiguration of global value
chains: COVID-19 has further
emphasized and reminded us of theimportance of logistics.
❑ Collaboration between regions: Speedup the implementation of the African
Continental Free Trade Agreement(AfCFTA).
❑ Prioritisation of AgroIndustrialisation: The agro-industrial
sector should be prioritized to enhance
employment.
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DISCUSSION POINTS❑ Investment in Market and Logistic
Infrastructure: Selective and strategic
infrastructure focus on promising geographieswith competitive advantages.
❑ Conducive Environments for Private Sector
to Thrive: African countries need to galvanize
their efforts towards attracting local andinternational private sector actors.

❑ Finance for SMEs: Only 10 percent of firms
grow to become medium size, and 1 percent
grow to become large firms.
❑ Medium to Longer Term Perspective:
Policymakers and private sector actors
together must adopt innovations andsuccessful technologies at every point in thevalue chain.
6Uganda

Gabon

Côte
d'Ivoire

GhanaThank You!
For more info:a.toda@afdb.org