Technology

It seems that joint food and energy crises have become the norm: Three have now occurred in just the last 15 years, driven by climate change and other human-made crises such as COVID-19 and the Russia-Ukraine war.

All three crises dramatically pushed up food and energy prices, as well as those of fertilizers, leading to an increase in the number of undernourished people worldwide (Figure 1). The number of hungry has now been on the rise for almost a decade now, and it is unclear if or when the global community will come together to implement interventions to turn this around.

Recent occurrences in the global arena, such as volatile commodity and resource markets, suggest the urgent need for African countries to develop policy options that can mitigate resource constraints and their attendant consequences. The transformation and development of Africa’s agricultural sector, especially the development of functional value chains, hold huge potentials for African economies through employment creation, income generation, and improvement of household livelihoods.

Providing smallholder farmers access to markets and price information is key to improving agricultural productivity and growth, along with food and nutrition security. In line with this, the Agricultural Commodity Exchange for Africa (ACE) has operated a Market Information System (MIS) and a Warehouse Receipt System (WRS) since 2011. The MIS provides farmers, traders and other market participants with access to regular updates on the prices of the commodities they trade via SMS and email, along with its online trading platforms.

This post first appeared on the D+C Development and Cooperation site and IFPRI.org.

The deadlines to achieve the Sustainable Development Goals (SDGs) and the Paris climate goals draw ever closer. The ambitious imperative of the SDGs is to “leave no one behind.” The implication is that we must urgently revitalize rural areas, especially in Africa south of the Sahara. Now is the time for a dramatic, system-wide transformation to make rural areas more productive, more sustainable, more climate-resilient, healthier and more attractive places to live.

One in a series of guest blog posts from leading voices in global development on achieving long-term sustainability and growth while ending hunger, poverty, and malnutrition. This originally appeared on IFPRI.org.