Public Management

Digital technologies, a game-changer for Africa's agricultural sector

Digital technologies, a game-changer for Africa's agricultural sector
Tuesday, 27 April 2021 21:09

(Ecofin Agency) - The African Development Bank, together with the Food and Agriculture Organization of the United Nations (FAO) and the Consultative Group for International Agricultural Research (CGIAR) carried out a Digital Agricultural Profile in three African countries: Ivory Coast, Rwanda, and South Africa.

Results from these countries pointed out important promising technologies that will solve the challenges faced by the agricultural sector in Africa, with key areas in drones, satellites, geographic information systems, weather stations, and advanced analytics. 

“The future of agriculture is data-enabled. Conventional approaches to food production are no longer able to keep up with Africa’s fast-growing food systems demands and the impact of climate change on agriculture. Technological innovations and digitalization offer an opportunity to transform African agriculture to produce higher yields, increase value addition and ensure more nutritious foods on a wider scale,” said Dr. Martin Fregene, Director for Agriculture and Agro-industry at the African Development Bank.

Digital technologies are becoming key to the transformation of agriculture in Africa, as farmers are being provided with timely climate information, market prices, crop disease; and well-organized farm management, and new technologies are rapidly growing. This could be a good start to achieving regional food security, as well as poverty reduction and improved livelihoods.

However, the scale of resources needed for transformation is even more significant. For instance, the transformation of a selection of 18 value chains will cost approximately $315 to 400 billion over 2015 to 2025. This surpasses funds available from the public sector; private sector capital is therefore needed, and there are sufficient funds in African capital markets if they can be appropriately mobilized by the public sector, as outlined in the African Development Bank’s “Feed Africa.”

Besides looking at the public sector, the Agricultural Innovation Mission for Climate (AIM-C) initiative to be tabled during the UN Food Systems Summit in September 2021 aims to accelerate global agricultural innovation and the use of climate-smart technologies by smallholder farmers, through investments in the CGIAR system. 

Solange Che

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Over the past year, oil suppliers active in the Democratic Republic of Congo (DRC) recorded losses and shortfalls of $31.5 million, down...
Unpaid domestic debts hit CFA363 billion by end of 2024, or 2.6% of GDP. 80% of arrears affect private firms, especially small and mid-sized...
Nigeria targets 300 billion naira (about $186.7 million) through a sukuk to build roads. The bond offers a 19.75% annual return and is open for...
 Algeria and Oman will each contribute to a $300 million joint investment fund.  The fund will target food security, mining, oil and...
Most Read
01

Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. ...

Tanzania Bans Use of Foreign Currencies for Domestic Transactions
02

KoBold Metals, the U.S.-based mining company backed by heavyweight investors including Bill Gates an...

KoBold Metals Steps Up to Secure Manono Lithium Deposit in DR Congo
03

This initiative reflects ECOWAS’s commitment to a results-driven, people-centred digital transformat...

ECOWAS, World Bank Launch Regional Workshop to Advance Digital Integration
04

• MTN to distribute 1.2 million 4G smartphones at $5.42 for prepaid users.• Move supports South...

MTN South Africa to Sell 4G Smartphones for $5 to Boost Network Upgrade
05

• PalmPay plans to enter South Africa, Côte d’Ivoire, Uganda, and Tanzania by late 2025• The fintech...

Nigeria’s PalmPay to Expand into 4 African Countries by End of 2025
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.