The President of the African Development Bank Group, Akinwumi Adesina, has called on African governments to prepare for a global food crisis.
A statement from the AfDB said Adesina made the comment while speaking about Africa’s priorities as a guest at the Atlantic Council’s Africa Centre on Friday.
The statement quoted him as saying.:
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.
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My basic principle is that Africa should not be begging. We must solve our own challenges ourselves without depending on others…
According to him, the Ukraine-Russia war has impacts spreading to other parts of the world.
The AfDB statement added:
“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 fertilizer prices had tripled, and energy prices had increased, all fueling inflation.”
