Fixing Africa’s commodity price dip

The ongoing Africa Food Systems Summit in Kigali, Rwanda has brought together key stakeholders to address the pressing issue of hunger and diminishing agricultural productivity on the continent. Dr. Birungi Koraturo, CEO of Kilimo Trust, highlighted the significance of the forum in holding nations accountable for the commitments made towards transforming their food systems. She noted the progress made by Tanzania in quadrupling its agricultural budget and aligning it with the vision 2030-2050, setting a positive precedent for other African countries to follow suit. One of the major concerns raised during the summit was the alarming statistic that at least 20 per cent of Africa's population goes hungry every year despite the continent's immense agricultural potential. This issue underscores the urgent need for increased investments in the public sector, particularly in the agriculture industry. Dr. Koraturo emphasized the crucial role of both the private and public sectors in driving the necessary transformation in food systems. Furthermore, the summit shed light on the challenges faced by African farmers, including climate risks and inadequate infrastructure. Dr. Koraturo stressed the importance of investing not only in physical infrastructure such as roads but also in essential facilities like local aggregation centers and wholesale markets. These market structures play a vital role in connecting farmers to consumers and improving overall food system efficiency. The forum also highlighted the need for holistic approaches to address food systems, from input production to waste management. Dr. Koraturo underscored the interconnectedness of various elements within the food ecosystem and the importance of sustainable practices to ensure food security for all Africans. By addressing these key issues and promoting collaboration between different sectors, the summit aims to pave the way for a more sustainable and inclusive food system in Africa. As the discussions at the summit continue, stakeholders are urged to prioritize investments in agriculture, enhance public sector support, and adopt innovative solutions to tackle food insecurity in the region. With concerted efforts and a shared commitment to change, Africa can harness its agricultural potential to combat hunger and drive economic growth across the continent.