Browsing: Food and fertilizer exports

Africa's food security

Africa’s food security: Is more fertilizer the answer?

Industry and Trade

 

  • USAID commits $4 million to fertilizer use project in Africa
  • OCP Group commits another $3 million to the Rock Phosphate Amendment Project
  • African Leaders sign 10-year Action Plan to revive soils through fertilizer application

Africa’s Food Security

Africa’s food security relies on fertilizer access as the answer; the population is exploding, and climate change among other factors affecting food production, will more fertilizer solve this life-threatening puzzle?

The USAID seems to think so, more fertilizer, better-improved fertilizer, more affordable (questionable), all in all, the USAID is proposing fertilizer as a key solution to Africa’s food security.

“In a landmark move for African agricultural advancement, USAID and OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers, have partnered to tackle critical barriers hindering Africa’s agricultural potential,” announces a recent press release from USAID.

The announcement comes on the heels of a visit by USAID Administrator Ms. Samantha …

At the close of 2022, between September to December, food prices soared around the world and with no signs of this abating in 2023, countries in Africa will have to move with speed to mitigate a looming food crisis. Photo/WFO

Despite international initiatives food inflation worsening in Africa

Industry and Trade

At the close of 2022, between September to December, food prices soared around the world and with no signs of this abating in 2023, countries in Africa will have to move with speed to mitigate a looming food crisis. 

Food inflation is particularly pronounced and severe in low-income and middle-income countries. According to most recent sector reports, up to 94.1% of low-income countries around the world suffer food inflation.

With increasing food prices, the cost of living is increasing, and it is no better in lower-middle-income countries of which 92.9% are contending with food inflation.

Also Read: Starvation, death threaten Horn of Africa stability 

Even the upper-middle-income countries are also facing food inflation with 89% reporting unprecedented double-digit inflation. 

According to the International Monetary Fund (IMF), maize prices in December 2022 went up by 27% while wheat shot up 13% higher compared to the same period in 2021.

As we

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