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Heads of State plan to harness Africa’s agricultural potential at Dakar 2 Summit

At the action-driven Dakar 2 Summit scheduled to take place from 25-27 January 2023 at the Senegal Abdou Diouf International Conference Center (CICAD) in Diamniadio, heads of State plan to harness Africa’s food and agriculture potential by mobilising government resources, development partners and private sector financing, turning advocacy efforts into concrete action

At the summit, private sector actors will commit to the development of critical value chains. In order to develop financial arrangements for implementing food and agriculture delivery compacts, Central Bank governors and Ministers of Finance will work closely with ministers of agriculture, as well as private sector players, including commercial banks and financial institutions.

“We call for a global coalition of efforts around Africa to unlock its immense agricultural potential to become a global destination for meeting rising food supply shortages in the world,” said president of the African Development Bank (AfDB), Akinwumi Adesina, in a report published by the Bank.

With a whopping 65% of arable land, Africa alone holds the potential to feed around nine billion people in the world by 2050. However, only 10% of its vast savanna areas have so far been cultivated. A number of factors including the strong political will of African heads of State, access to technology and climate-smart agriculture platforms, as well as the incredible success that some countries have had in achieving self sufficiency, all point to the fact that Africa can indeed become a global solution provider for the rising food shortages in the world.

A key part of the Dakar 2 Summit agenda will include presidential roundtable discussions, high-level plenary and ‘Food and Agricultural Delivery Compact’ sessions.

For more information, visit: https://www.afdb.org/en/dakar-2-summit-feed-africa-food-sovereignty-and-resilience/about-dakar-2-summit

To register for the event, visit: https://surveys.afdb.org/opinio/s?s=FeedingAfricaAndFoodSovereignty