He was speaking about Africa’s priorities, as a guest at the Atlantic Council’s Africa Center. Fielding questions from the council’s Africa Center chair, ambassador Rama Yade; senior fellow Aubrey Hruby; and Washington/UN correspondent for Jeune Afrique and The Africa Report, Julian Pecquet, the Bank chief called for an increased sense of urgency amid what he described as a once-in-a-century convergence of global challenges for Africa.
According to Adesina, the continent’s most vulnerable countries had been hit hardest by conflict, climate change and the Covid-19 pandemic, which had upended economic and development progress in Africa. He said Africa, with the lowest GDP growth rates, had lost as many as 30 million jobs on account of the pandemic.
Speaking about the impact of the Russia-Ukraine war, Adesina expressed sympathy for the people of Ukraine, describing their suffering as unimaginable. He said the war’s ramifications spread far beyond Ukraine to other parts of the world, including Africa. He explained that Russia and Ukraine supply 30% of global wheat exports, the price of which has surged by almost 50% globally, reaching identical levels as during the 2008 global food crisis. He added that fertiliser prices had tripled, and energy prices had increased, all fueling inflation.
Adesina warned that the tripling costs of fertiliser, rising energy prices, and rising costs of food baskets, could worsen in Africa in the coming months. He noted that 90% of Russia’s US$4bn exports to Africa in 2020 was made up of wheat; and 48% of Ukraine’s near $3 billion exports to the continent was made of wheat and 31% of maize.
Adesina cautioned that to fend off a food crisis, Africa must rapidly expand its food production. “The African Development Bank is already active in mitigating the effects of a food crisis through the African Food Crisis Response and Emergency Facility – a dedicated facility being considered by the Bank to provide African countries with the resources needed to raise local food production and procure fertilizer.
Adesina said, “My basic principle is that Africa should not be begging. We must solve our own challenges ourselves without depending on others…” The Bank chief spoke about early successes through the Bank’s innovative flagship initiative, Technologies for African Agricultural Transformation (TAAT) programme, which is operating across nine food commodities in more than 30 African countries
Adesina said TAAT has helped to rapidly boost food production at scale on the continent, including the production of wheat, rice and other cereal crops: “We are putting our money where our mouth is. We are producing more and more of our own food. Our Africa Emergency Food Production Plan will produce 38 million metric tons of food.” He said TAAT had already delivered “heat-tolerant varieties of wheat to 1.8 million farmers in seven countries, increasing wheat production by over 1.4 million metric tons and a value of US$291mn.”
According to Adesina, heat-tolerant varieties were now being planted across hundreds of thousands of hectares in Ethiopia and Sudan, with extraordinary results. In Ethiopia, where the government has put the TAAT program to work in a 200,000-hectare lowland irrigated wheat program, farmers are reporting yields of 4.5 to five times per hectare. He said TAAT’s climate-smart seeds were also thriving in Sudan, which recorded its largest wheat harvest ever – 1.1 million tons of wheat – in the 2019-2020 season.