Statement by President Akinwumi A. Adesina, African Development Bank Group: G-7 Ministerial Conference on “United for Global Food Security”, June 24, 2022 [EN/AR/PT] – World

Attachments

I would like to thank the ministers Baerbock, Schulze and Cem Ozdemirfor inviting me to this G7 ministerial meeting on global food security.

  • I applaud the leadership of Chancellor Olaf Scholz and the German G-7 Presidency on the “Global Alliance for Food Security”. The African Development Bank will be a partner of the Alliance.

  • For today, as Secretary Bliken said, we should hear from the countries most affected, particularly by the Russian war in Ukraine.

  • I raise my voice on behalf of the 1.3 billion people in Africa affected by a looming food crisis resulting from this war.

For Africa, we must go beyond emergency food aid. We must prioritize food production!
We have the technologies to feed Africa. Africa doesn’t need bowls in the hand to beg for food, Africa needs seeds in the ground to produce for food.

When farmers have the right technologies, they can feed their country.

  • Our flagship program, Technologies for African Agricultural Transformation (TAAT) has already provided 12 millions farmers with climate-resilient crop varieties in just two years.

  • In Ethiopia, heat-tolerant wheat varieties supported by TAAT enabled him to grow 675,000 hectaresand it reduced its wheat imports by 80% in two years.

  • And this year, for the first timeEthiopia did not import wheat.

  • With our support, Ethiopia will become a wheat exporter next year, and export 1.2 to 1.5 million tonnes of wheat in Kenya and Djibouti.

To address the effects of the Russian war in Ukraine on food security in Africa, the Board of Directors of the African Development Bank approved on May 20, 2022, a $1.5 billion African Emergency Food Production Facilityto support the African Emergency Food Production Plan, jointly developed with the African Union.

  • The facility will support 20 millions farmers in African countries to produce 38 million metric tons of food, valued at $12 billion.

  • This will consist of 11 million tons of wheat, 18 million metric tons of corn, 6 million metric tons of rice and 2.5 million metric tons of soy.

To date, the African Development Bank has received requests for 35 countries to the African Emergency Food Production Facility.

  • Nowadays, Operations in 26 countries estimated at $1.1 billion will be before our board of directors for approval before July 15.

  • Six other operations valued at $264 million will be approved between September and November.

But we need more resources urgently.

  • While the African Development Bank has mobilized $1.3 billion of the $1.5 billion for the Africa Food Contingency Plan, we have a $200 million funding gap provide grant fund produce food in vulnerable countries in Africa, credit guarantees for the fertilizer sector and financing of the Technologies for African Agricultural Transformation (TAAT) platform.

  • I would therefore like to ask that Germany and all the G-7 countries are contributing to this balance of $200 million. These needs are very urgent.

  • Together, we will avoid a food crisis in Africa.

  • Together, we will help Africa become a global solution to global food challenges, now and in the future, by fully unlocking Africa’s food production potential.

  • Thanks.

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