Senegal Agriculture Minister Diagne outlines roadmap to food security by 2029
Senegal’s new administration is setting its sights on ambitious targets to among many things cut down on being a net importer of food to becoming a net exporter by 2029. CNBC Africa’s Aby Agina spoke with Dr. Mabouba Diagne, Agriculture Minister on the investment opportunities and the plan the country is laying forward to fix her food security needs.
Thu, 11 Jul 2024 11:29:45 GMT
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AI Generated Summary
- Senegal aims to significantly reduce its import bill and boost local food production to achieve self-sufficiency
- The country offers ample investment opportunities in the agribusiness sector, leveraging its resources and stable economic environment
- Senegal is embracing new farming methods like solar energy and irrigation, in collaboration with global partners, to modernize agriculture and promote sustainability
Senegal's new administration is on a mission to transform the country from a net importer of food to a net exporter by 2029. Dr. Mabouba Diagne, the Agriculture Minister, revealed in an exclusive interview with CNBC Africa the ambitious targets and investment opportunities that Senegal is capitalizing on to address its food security needs. The country is honing in on agriculture as a key player in this transformation, aiming not only to feed its people but also to create job opportunities for the youth and women. The Minister emphasized the urgent need for a focused strategy to bolster food production in Senegal. Currently, Senegal imports staggering amounts of staple foods like rice, wheat, maize, fruits, and vegetables, highlighting a massive opportunity for both local and international players in the agribusiness sector. The Minister stressed that Senegal possesses the necessary resources for agricultural development, including arable land, water, political stability, and a skilled workforce. Senegal's attractiveness as a business destination is further enhanced by its economic and political stability, making it a prime location for investors. In terms of promoting new and innovative farming methods, the government is actively pursuing initiatives such as solar energy and irrigation to modernize agriculture. Collaborating with global partners like the Global Green Growth Institute (GGGI), Senegal aims to leverage green agricultural practices, technology-driven solutions, and digital transformation to increase productivity while safeguarding the environment. By setting ambitious targets to significantly reduce the country's import bill by 2029, Senegal is positioning itself to achieve food self-sufficiency and even become a net exporter of food in the near future. The Minister's vision is underscored by a strong commitment to fostering sustainable partnerships with the private sector, offering incentives and support to drive investment in the country's agriculture sector.
