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Africa spends $35 billion on food imports each year, AfDB boss reveals

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• Over 800 million people worldwide suffering from hunger

 

 

WITH over 800 million people worldwide suffering from hunger and more than two billion affected by malnutrition, food insecurity remains a real threat to global development.

Adesina, who is making a global pitch for renewed visionary leadership and strategic alliances, “the future of food in the world will depend on what Africa does with Agriculture.”

The African Development Bank, which he leads, envisions a food secure continent which uses advanced technologies, creatively adapts to climate change, and develops a whole new generation of what he describes as ‘agripreneurs’ – empowered youth and women who he expects to take agriculture to the next level.

By 2050, an additional 38 million African will be hungry. The paradox of lack in the midst of plenty, and Africa’s growing youth bulge are some of the reasons why Adesina’s sense of urgency is resonating with numerous government, private sector, and multilateral leaders during recent European and Asian trips. The banker and 2017 World Food Prize Laureate will be the first to admit that he considers himself the ‘evangelist-in-chief’ for a food secure Africa.

Africa continues to import what it should be producing, spending $35 billion on food imports each year, a figure that is expected to rise to $110 billion in 2025 if present trends continue.

A few days later, Adesina joined Rockefeller Foundation President Raj Shah, Unilever CEO Paul Polman, and 2018 World Food Prize nominees Lawrence Haddad and David Navarro, among other prominent global academic, development, and agriculture experts at Wageningen University and Research, in the Netherlands, to make the case for urgent collective action by State and non-State players to accelerate Africa’s agricultural growth and transformation.

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Africa receives only 2 percent of the $100 billion annual revenues from chocolates globally. Adesina tells his audience that “adding value to what nations produce, is the secret to their wealth. Producing chocolate instead of simply exporting cocoa beans does not require rocket science.”

To expand opportunities for youth, women, and private sector players, Adesina is on a global mission to promote and seek support for the bank’s  Affirmative Finance for Women in Africa (AFAWA) program which aims to mobilize $3 billion to support women entrepreneurs who historically lack access to finance, land, and land titles; a $300 million ENABLE Youth program to develop the next generation of agribusiness and commercial farmers for Africa; and a new global investment marketplace, the African Investment Forum, which will be held in Johannesburg November 7-9.

In separate meetings with Sigrid A.M. Kaag, Minister for Foreign Trade and Development Cooperation, in the Hague; Peter van Mierlo, CEO of the Dutch Entrepreneurial Development Bank (FMO), key private sector players, and members of the Dutch Foreign Affairs Advisory Council, Adesina said Africa and its partners must seize unprecedented opportunities for innovative partnerships and increased development impact.

Mierlo believes, “a huge benefit for Africa is that it can skip development cycles that often almost all developed countries had to go through, by deploying new technologies such as artificial intelligence and robotics in agriculture”.

In a continent where more than 640 million are without electricity, Adesina says the private sector is key to Africa’s development in Africa’s energy and agriculture sectors.

“If Africa is going to turn the tide of irregular migration, this is critical. There are three ways in which we can collaborate: either through the NEPAD Infrastructure Project Preparation Facility, Africa 50 – a private equity institution which has raised more than US$ 850 million from 22 countries, and the new Africa Investment Forum.”

Adesina, recognizes that the lack of electricity is Africa’s biggest development impediment. The Bank’s new and ambitious Desert-to-Power initiative which aims to generate 10,000MW of power across Africa’s Sahel region will be critical to reducing migration and climate change impacts. We will do this through a blended finance mechanism with guarantees”, Mr. Adesina said.

https://iso.keq.mybluehost.me/korea-announces-5-billion-financial-package-for-africa-at-afdb-annual-meetings/

Speaking to a High-level Roundtable of Dutch Business Leaders at the Netherlands Enterprise Agency (RVO), informed key private sector leaders that “governance structures and business regulatory environments are changing in Africa. Indeed, several African countries have already made significant progress in improving their general business and investment environments. Africa is doing better than some of the Asian countries,” he reminded his audience. “In the energy sector, the African Development Bank is investing $12 billion over the next 5 years, with the goal of leveraging $40-50 billion; and an additional $US 24 billion, over ten years, in agriculture to implement its Feed Africa Strategy.”

Agriculture steadily taking center-stage

The strategy is already bearing fruit with the establishment of Staple Crop Processing Zones in several African countries, including Ethiopia, Togo, Democratic Republic of Congo, and Mozambique, with a plan to reach 15 countries in a few years.

Strategically located in and around rural farming communities Adesina says “these agriculture zones will form the nucleus of a new wave of agro-industries and greenfield ventures, attracting agripreneurs, biotechnology firms, intellectual and capital investments. They will also ensure that foods are processed and packaged right where they are produced, rather than in urban centers far removed from centers of production.”

Described as a visionary optimist by many colleagues, Adesina believes the bank’s policies and investments will help turn rural areas from zones of economic misery into zones of economic prosperity.

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Kola Oyewo’s family to Adeleke, Ooni, Atiku: Your condolences are our pillar of strength

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The family of the late veteran actor and scholar, Chief (Prof.) Adekola “Kola” Oyewo, has expressed deep appreciation to Governor Ademola Adeleke of Osun State, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, and former Vice President Atiku Abubakar, among other Nigerians, for their messages of condolence and support following the death of their patriarch.

In a statement issued on Saturday by Dr. Adewale Oyewo on behalf of the family, the bereaved household said the overwhelming show of sympathy, prayers, visits and acts of kindness from across Nigeria and beyond had served as a strong pillar of comfort in their period of grief.

The family described the late Oyewo as a respected community leader, accomplished academic, devoted family man, and traditional title holder whose life was defined by service, integrity, and unwavering commitment to societal development.

According to the statement, the tributes received in his honour reflect the far-reaching impact he made on students, colleagues, cultural practitioners and the wider society.

The family particularly appreciated Governor Ademola Adeleke for his condolence message and prayers, noting that his support had been deeply comforting.

It also expressed gratitude to the Ooni of Ife, whose words of encouragement were described as uplifting and consoling during the mourning period.

The statement further acknowledged the Oloba of Oba-Ile, Oba (Prof.) Adekunle Ashamu Oyeyemi (Tewogbade I), the Oloba-in-Council, and other traditional institutions for their fatherly support and solidarity.

Former Vice President Atiku Abubakar was also commended for his message of sympathy, which the family said brought reassurance in their moment of loss.

The family extended appreciation to professional bodies including the National Association of Nigerian Theatre Arts Practitioners (NANTAP) and the Theatre Arts and Motion Pictures Practitioners Association of Nigeria (TAMPAN), as well as academic communities of Obafemi Awolowo University, Redeemer’s University, Ekiti State University, and Elizade University, where the deceased served.

They also thanked friends, associates and well-wishers who stood by them with prayers and support.

“As we continue preparations to honour the life and legacy of our beloved patriarch, we humbly seek continued prayers and support,” the statement added, praying for the peaceful repose of his soul.

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IGP appoints Iniedu Force spokesman, replaces Placid

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photo combo of Anietie Iniedu and outgoing Force spokesman, Anthony Placid

The Inspector-General of Police, Tunji Disu, has appointed Anietie Iniedu as the new Public Relations Officer of the Nigeria Police Force, succeeding Anthony Placid, who was appointed to the position barely three months ago.

The appointment was announced in a statement issued on Friday by Placid, who described his successor as a seasoned police officer with extensive experience in public communication, operational policing, intelligence management, institutional accountability and administration.

An indigene of Etinan Local Government Area of Akwa Ibom State, Iniedu holds a Bachelor of Science degree in Pure Chemistry from the University of Uyo and has attended several professional courses in investigative interviewing, crime scene management, intelligence analysis, strategic communication and human rights-based policing.

Before his latest appointment, Iniedu headed the Complaint Response Unit at the Force Headquarters, Abuja, where he coordinated the management of public complaints and drove initiatives aimed at deepening transparency, accountability and public trust in the Nigeria Police Force.

He also served as Public Relations Officer of the Police College of Information Technology, Kobape, Ogun State, in addition to holding several operational and administrative positions across the country.

His previous postings include Operations Officer at the Maisandari Division in Yobe State, Area Crime Officer at the Umuahia Area Command in Abia State, Staff Officer at the IGP Secretariat, Force Headquarters, Second-in-Command of the 50 Police Mobile Force Squadron, Kubwa, and Officer-in-Charge of the Force Headquarters Situation Room, where he coordinated the dissemination of crime and security information nationwide.

The statement quoted the Inspector-General as expressing confidence in Iniedu’s capacity to lead the Force Public Relations Department, noting that his wealth of experience and professional background would further strengthen the police’s strategic communication architecture and enhance engagement with members of the public.

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Govs Back State Police, Power Reform, Nutrition Drive, World Bank Partnership

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Insist state policing must align with federalism, citizens’ rights as governors deepen talks on constitutional review, energy transition, agriculture, social protection

The 36 state governors under the umbrella of the Nigerian Governors’ Forum have renewed their support for the establishment of state police and sweeping reforms in Nigeria’s power sector, signalling fresh momentum for key constitutional and economic restructuring efforts.

The position was contained in a communiqué issued at the end of the Forum’s second meeting held on Wednesday, where the governors deliberated on security, energy, nutrition, agriculture and development partnerships affecting the country.

According to the communiqué, the governors engaged in extensive consultations with Attorneys-General across the states to review proposed constitutional amendments relating to state policing and other governance reforms.

They stressed that any framework for state police must be “constitutionally sound, consistent with federalism, and protective of citizens’ rights,” adding that ongoing legal consultations would help shape a unified and stronger position for the states ahead of national engagement.

The Forum noted that the collaborative review process with legal advisers was already producing inputs expected to strengthen the collective stance of states on security restructuring in the country.

On social development, the governors received a presentation from the Federal Ministry of Budget and Economic Planning on progress under the National Nutrition 774 (N-774) Initiative, aimed at tackling malnutrition at the grassroots.

They reaffirmed their commitment to improving nutrition outcomes across Nigeria, particularly in reducing child malnutrition, and expressed support for the ongoing consideration of the National Nutrition Bill.

The governors also called for sustained engagement with stakeholders to strengthen the legal and institutional framework guiding nutrition governance nationwide.

In another briefing, the Forum was updated by the World Bank Country Office on the proposed Country Partnership Framework (CPF) for Nigeria (FY2026–2032), alongside the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) Programme.

The AGROW initiative is designed to boost agricultural productivity, strengthen value chains, attract private sector investment, improve food security, and support early childhood development interventions across participating states.

The governors expressed support for continued collaboration with the Federal Government, the World Bank and development partners, while endorsing state-specific interventions aimed at ensuring effective implementation and measurable impact.

They further urged stronger inter-sectoral coordination in health, nutrition, education, water and sanitation, and social protection systems to improve outcomes for citizens.

On energy reform, the Forum considered the National Solar Super-Grid (NSSG) Initiative, a plan to expand electricity access through decentralised solar generation integrated into a national transmission backbone.

The governors noted the initiative’s potential to improve energy security, deepen industrialisation, strengthen state electricity markets and accelerate economic growth across the federation.

Reaffirming their commitment to power sector reforms, the governors pledged sustained collaboration with stakeholders to expand access to reliable and affordable electricity, describing energy reform as central to job creation, productivity and national development.

The meeting ended with a renewed resolve by the governors to deepen cooperation on reforms seen as critical to economic stability, security restructuring and improved welfare for Nigerians.

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