Trade
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Agrifood Processing Presents Opportunities for African Farmers, But Challenges Remain
The recently released 2022 ReSAKSS Annual Trends and Outlook Report (ATOR) takes an in-depth look at Africa’s agrifood processing sector, including its current status, its challenges, and its opportunities.
More than 205 Million People Facing Acute Food Insecurity: GRFC Mid Year Update Released
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.
Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty
Much of the early attention on the Russian-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other countries, the interruption in Black Sea wheat trade and high prices have raised serious concerns about rising levels of food insecurity, poverty, and instability around the world.
The Russia-Ukraine crisis presents threats to Nigeria’s food security, but potential opportunities for the fertilizer, energy sectors
The current rise in global market prices for major food commodities almost mirrors that of the 2008 food crisis, presenting a worldwide threat to food security. The situation is particularly severe in Africa, where the COVID-19 pandemic and now the Russia-Ukraine crisis have exposed the vulnerability of food systems to major shocks, particularly in countries like Nigeria that rely heavily on imports of major staple foods such as rice and wheat.
New Database Provides Improved Look at Intra-Regional Trade in West Africa
Trade plays a critical role in economic development and agricultural transformation. However, reported intra-regional trade in Africa south of the Sahara (SSA) has historically been quite low, potentially impacting poverty, livelihoods, and food security in the region. Over the past decade, policymakers have set out to change this, signing the 2014 Malabo Declaration that aims to triple intra-African trade in agricultural goods by 2025 and establishing the African Continental Free Trade Agreement to remove barriers to cross-border trade.