COVID-19 Economic Impacts

As 2025 – the deadline for the Malabo Declaration commitments – approaches, African policymakers are taking stock of the region’s progress toward the Comprehensive Africa Agriculture Development Programme (CAADP) framework for agriculture-led growth and development and determining what CAADP implementation will look like post-Malabo. The 2023 ReSAKSS Annual Trends and Outlook Report (ATOR) examines these questions, with a particular emphasis on the future of Africa’s food systems.

Nearly US$ 4 trillion: That is the amount of global crop and livestock production the FAO estimates has been lost over the past three decades due to disaster events. According to the new report, “The impact of disasters on agriculture and food security,” this equates to an average loss of US$123 billion per year and as much as 5 percent of annual global agricultural GDP.

For the fourth consecutive year, global acute food insecurity rose in 2022. As many as 205.1 million people across 45 countries and territories are in IPC Phase 3 (Crisis) or higher food insecurity as of September 2022, according to the Global Report on Food Crisis Mid-Year Update. That represents an increase of 29.5 million people from 2021.

In many places around the world, hunger is worse than ever before.

That’s the message of the 2022 Global Report on Food Crises (GRFC), released this week. The report paints a grim picture of global food security. Almost 193 million people across 53 countries/territories were acutely food insecure in 2021, up nearly 40 million people from 2020. This number represents a new record and is only expected to worsen throughout 2022.