The President of Niger, Mohamed Bazoum, announced yesterday April 29 his ambition to boost the agricultural sector. In that wake, 15% of the annual state budget will be pumped into the sector over the next five years.
The announcement was made during the virtual summit “Feeding Africa: Leadership to Scale Up Successful Innovations.” The meeting was attended by several heads of state, including President Felix Tshisekedi, current chairman of the African Union, and the presidents of financial institutions such as the African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD). Former British Prime Minister Tony Blair and Nigerian billionaire Aliko Dangote were also present. The objective was to identify ways to scale up activities, increase funding and strengthen partnerships to better harness technology to transform agriculture in Africa.
President Bazoum reiterated his country’s will to respect the Maputo commitment that each African country should devote at least 10% of its resources to agriculture. Over the past 10 years, more than CFA2,500 billion have been invested in the 3N Initiative (Nigeriens Nourishing Nigeriens). However, the challenge remains.
"Niger needs to undertake agricultural production to replace imports of 800,000 tons of cereals which amount to 302 million Account Units," said the Nigerien leader before inviting his peers to take coordinated action at the continental level to build sustainable and resilient food systems to eliminate hunger and malnutrition.
Mawulolo Ahlijah
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
Industrial, jewelry and silverware demand expected to decline in 2026. Physical investment ...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Global South Utilities (GSU) has begun building a 5 MWp hybrid solar plant with 5 MWh battery st...
Newmont expects to produce 755,000 ounces of gold in Ghana in 2026. Output at Ahafo South will decline, while Ahafo North ramps up. New fiscal...
Guinea plans to launch a legally binding national school map within six months. Authorities cite weak coordination and unreliable data in the education...
High-level Saudi delegation hosted at State House Entebbe Year-long Gulf investment courting enters implementation phase Luwero Coffee Park positioned...
Finnfund added $5 million to support hybrid solar systems for 499 MTN telecom sites. The total Finnish investment in CREI now...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...