Invest in Africa’s Food Security and Invest in the World

g8

The annual G8 Summit took place in Chicago this past weekend and a big topic on the agenda was food security. Included in this topic was Africa’s ability to produce food and the vital role it could play in the global future.

By 2050 it is estimated that the world is going to need at least 70% more food to cope with issues like population growth, changing appetites and an increase in the use of biofuels. So where is that food going to come from? It seems that a good portion will need to be from Africa which has the biggest potential to boost harvests due to its large amounts of under-used agricultural land.

Experts believe that with the right long term investment, the food produced in Africa could be tripled and aid toward global food security. Lindiwe Majele Sibanda, head of the Food, Agriculture and National Resources Policy Analysis Network (FANRPAN) says, “The whole world needs food, and the belief is that food will come mainly from developing countries.”

While no one denies that the right kind of investment in Africa could lead to great things, there is the concern of foreigners buying up African land which could lead to local issues such as hunger or social problems. According to Sibanda, the perfect investment for Africa would be investment in the technology and financing which could help African farmers grow extra food themselves.

Already there are projects across the continents which are looking at ways of increasing crop yields and resistance, improved credit and better technology. Not only such improvements will boost harvests but also aid African incomes. Sibanda says that it’s investment into efforts like these that the symposium hoped to encourage.

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