Regenerative agriculture antidote to food crisis

Africa is poised to become a major player in the global economy through strategic partnerships and investments in the continent's food systems. The continent's rapidly growing population is placing immense pressure on food security interventions, driving the urgent need to address a potential food crisis. CNBC Africa recently interviewed Martin Siyun Salami, Chief Financial Officer of Nuveen, to discuss the company's role in investing in Africa's agricultural sector and the importance of regenerative agriculture in combating food insecurity. Nuveen, one of the largest asset managers globally with over $1.2 trillion under management, has been actively involved in investing in Africa, with $2.2 billion currently deployed in the continent. Salami emphasized the company's commitment to long-term investments that not only benefit their portfolio but also contribute to the development of Africa's agricultural landscape. As part of their future strategy, Nuveen aims to engage in more sustainable and impactful investments in Africa. This includes focusing on regenerative agriculture practices, promoting commercial farming, and enhancing food security interventions. Salami highlighted the significance of partnering with African countries to implement technology and farming techniques that have proven successful in boosting yields and improving farming practices. By prioritizing regenerative agriculture and sustainable farming methods, Nuveen seeks to mitigate environmental risks associated with agriculture while increasing productivity. Moreover, Salami stressed the importance of derisking investments in Africa to attract more funding for food security initiatives. He emphasized the need to address challenges such as water scarcity, desertification, and livestock diseases that impact food production in Africa. Salami underscored the importance of enhancing infrastructure, particularly in transportation and connectivity, to support agricultural development in the continent. Nuveen's focus on affordable housing and infrastructure development aligns with Africa's goal of providing shelter and improving living standards for its growing population. The company aims to leverage its expertise in these sectors to create sustainable solutions that benefit both communities and the environment. The interview also delved into Africa's potential as a lucrative consumer market, with consumer spending projected to reach $6.7 trillion by 2030. Salami highlighted Nuveen's commitment to creating enduring impact through its investments, emphasizing the importance of benefiting local communities and stakeholders. As Africa seeks to move up the agro-aligned value chain and capture more value from its agricultural sector, Nuveen aims to support this transition through strategic partnerships and sustainable investments. Salami concluded by emphasizing the need for diversified food production globally, with Africa playing a crucial role in scaling up its agricultural output to address the deepening food crisis. By investing in regenerative agriculture, promoting commercial farming, and fostering partnerships with African countries, Nuveen aims to contribute to Africa's food security and economic prosperity while safeguarding the planet's resources.