FARA: How investment in research and development can help end hunger
The world seeks to end hunger by 2030 under the sustainable development goals. Researchers believe key to achieve this is increasing investment in research and development to transform agriculture. Yemi Akinbamijo, Executive Director at the Forum for Agricultural Research in Africa spoke to CNBC Africa for more.
Tue, 27 Sep 2022 14:59:53 GMT
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AI Generated Summary
- The critical role of science in addressing food security challenges and driving agricultural transformation
- The science deficit in Africa due to insufficient investments in research and development
- The importance of government commitment and private sector involvement in financing agricultural research and development
Agriculture in Africa has long been plagued by issues of hunger and food insecurity, with millions of people on the continent facing extreme hunger. Despite possessing vast natural and human resources, Africa has struggled to address this crisis, largely due to a lack of investment in research and development in the agricultural sector. Yemi Akinbamijo, Executive Director at the Forum for Agricultural Research in Africa, emphasized the importance of science in driving agricultural transformation during a recent interview with CNBC Africa.
Agriculture, being a function of biology, relies heavily on the application of scientific advancements to drive productivity and address food security challenges. Akinbamijo highlighted the success story of Malawi, where late President Motharika utilized science to bridge the hunger gap and transform the country into a maize-exporting nation. This underscores the transformative power of research and development in agriculture.
With the global goal of ending hunger by 2030, Akinbamijo believes that Africa can achieve this target through a concerted effort that prioritizes science and innovation in agriculture. He acknowledged the presence of various challenges such as political, market, gender, youth, and employment issues that need to be addressed alongside investments in research and development to ensure long-term success.
The conversation also delved into the science deficit in Africa, with Akinbamijo highlighting the lack of adequate investments in agricultural research and development. He noted that since 2003, African governments have fallen short of their commitments to allocate sufficient funds to agriculture, resulting in a significant science deficit on the continent. This has hindered Africa's ability to harness its agricultural potential and improve food security.
When discussing the financing of research and development for agriculture, Akinbamijo underscored the importance of government commitment and the role of the private sector. While governments have pledged to increase funding for agricultural research and development, many have struggled to fulfill these commitments. Akinbamijo called on African governments to prioritize agriculture and invest in research to ensure food security for the continent's growing population.
He also emphasized the need to create an enabling environment that attracts private sector investment in agriculture. Akinbamijo highlighted the importance of sector competitiveness and market structures in driving private sector participation. He cited the example of Aliko Dangote, who invested in fertilizer production based on market intelligence and competitive advantages, leading to successful business outcomes.
In conclusion, Akinbamijo urged African governments to take proactive steps in prioritizing agriculture, investing in research and development, and creating a conducive environment for private sector participation. By leveraging science and innovation, Africa can transform its agricultural sector, enhance food security, and work towards achieving the goal of ending hunger by 2030.