twitter RSS Feed linkedin acp contact

Adesina takes initiative to boost agricultural innovation and economic growth in Africa

Akinwumi Adesina, president of the African Development Bank (AfDB), has committed to the eradication of poverty through agricultural innovation and promoting good governance through the works of developing Africa’s economy

Adesina 23Akinwumi Adesina is the president of the African Development Bank (AfDB). (Image source: Africa Progress Panel/Flickr)

As an agricultural economist, Adesina has been a leader in agricultural innovation for more than 30 years. He has contributed greatly to food security in Africa, aimed at improving the lives of millions currently living in poverty, throughout the African continent. The Sunhak Committee acknowledges Adesina’s achievements in promoting Good Governance of Africa, which boosts Africa’s capacity to feed itself and transform its total economies for generating wealth for millions of rural and poor African farmers.

Adesina pioneered major transformations in the agricultural field, including expanding rice production by introducing high yielding technologies, designing and implementing policies to support farmers’ access to technologies at scale, increasing the availability of credit for millions of smallholder farmers, attracting private investments for the agricultural sector, rooting out the corrupt elements in the fertiliser industry, and assisting in establishment of major agricultural policies for Africa’s green revolution.

The “Africa Fertiliser Summit,” which he organised in 2006, was one of the largest high-level meetings in Africa’s history that had a focus on solving Africa’s food issues. During this Summit, Adesina was instrumental in developing the “Abuja Declaration on Fertiliser for the African Green Revolution,” whereby the participants stated their commitment to the “eradication of hunger in Africa, by 2030.”

Dr Adesina worked with various banks and international NGOs in order to create an innovative financing system, providing loans to small farmers, providing a way for them to rise out of poverty. This move leveraged $100 million in loans and provided opportunities for small farmers to increase their agricultural productivity and their income.

Dr Akinwumi Adesina currently serves as the president of the African Development Bank Group which plays a central role in Africa’s development. As an “economic commander” of Africa, he promotes the “High 5 Strategy” that include: light up and power Africa, feed Africa, industrialises Africa, integrates Africa and improves the quality of life for the people of Africa. As a result of his work, the lives of millions of people throughout Africa have been improved.

Chairman of the Sunhak Peace Prize Committee, Dr Il Sik Hong, stated, “Africa is a rising star and its growth will contribute to global progress and development throughout the 21st century.”


LATEST NEWS IN Agriculture

Nature-based solutions help farmers in Ghana

Nature-based solutions help farmers in G…

Organic pesticides, waste-based fertilisers and forest regeneration are just a few of the green initiatives being employed in Ghana to boost farming communities’ resilience to the impacts of climate...

Boosting soil nutrient mapping in sub-Saharan Africa

Boosting soil nutrient mapping in sub-Sa…

The Food and Agriculture Organization of the United Nations (FAO) is set to fast track an impact-oriented project in sub-Saharan Africa and Central America for digital soil nutrient mapping, after...

Gambia-Korea partnership seeks to double rice production to curb food insecurity

Gambia-Korea partnership seeks to double…

President Adama Barrow has received a delegation led by the Korean Ambassador to The Gambia, HE Kim Ji-Joon, at the State House in Banjul to announce the delivery of sample rice...

World Sustainability Organization chooses Zambia as the first African Sustainability Hub

World Sustainability Organization choose…

The World Sustainability Organization and Foundation (WSO&F) has signed a Memorandum of Understanding (MoU) with the Zambian Government, to make Zambia the African Sustainability Hub 

Rallying call to improve African and global cotton production

Rallying call to improve African and glo…

As the business of cotton production continues to attract global attention, there are concerns about how sustainable the practice of growing, harvesting, and production will be, especially for lower income...

Research and farming institution from Zimbabwe wins FAO Award

Research and farming institution from Zi…

The Food and Agriculture Organization of the United Nations (FAO) honoured three research and farming institutions, one of which was from Zimbabwe

Prev Next

OTHER RELATED ARTICLES - Agriculture

OPDAG Council of Patrons inaugurated in Ghana

OPDAG Council of Patrons inaugurated in …

Oil Palm Development Association of Ghana (OPDAG) has inaugurated its Council of Patrons in Accra

OCP Group launches new subsidiary

OCP Group launches new subsidiary

OCP Group, a firm committed to the development of the agricultural ecosystem in Africa, has set up its new subsidiary OCP Africa

Vast investment opportunities in Africa's agricultural sector

Vast investment opportunities in Africa'…

Imagine 84mn ha of arable land, 230bcm of water and very clement weather all year round. Then imagine the same place with more than N1.3 trillion of food imports in...

Good Nature Agro secures funding to accelerate production of legume value chains

Good Nature Agro secures funding to acce…

Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains, has announced the closure of Series A equity financing totalling US$ 2.1mn

Young farmers in Zimbabwe blaze a trail in agriculture

Young farmers in Zimbabwe blaze a trail …

As President Emerson Mnangagwahas adopted policies to attract the young and educated to farming, Zimbabwe's structural economic transformation is now expanded to the agricultural sector, catching the attention of young farmers

Zimbabwe's smallholder irrigation receives international funding

Zimbabwe's smallholder irrigation receiv…

Zimbabwe's smallholder irrigation sector has received a US$25.5mn grant from the International Fund for Agricultural Development (IFAD)

Egypt looking at farming in sub-Saharan Africa

Egypt looking at farming in sub-Saharan …

To tackle its food shortage, exacerbated by water scarcity, Egypt is working towards forming agricultural alliances with countries in sub-Saharan Africa

USAID-DuPont partnership to boost maize production in Ethiopia

USAID-DuPont partnership to boost maize …

The Advanced Maize Seed Adoption Program (AMSAP) has been immensely successful in outpacing the maize production target in 2017 by 150 per cent in Ethiopia, which, in addition, has boosted...

The new tillage professionals: SYNKRO stubble cultivators

The new tillage professionals: SYNKRO st…

The end of harvesting means the start of the next one, and after concluding a successful harvest, farmers start working on cultivating the soil

Soil is the most potent carbon capture solution: EASAC

Soil is the most potent carbon capture s…

A new report released by Europe’s National Academies of Sciences provides evidence that a transformation to regenerative agriculture holds promising keys to reducing climate risks while providing the growing world...

JICA and NAEB partner to improve Rwanda’s coffee quality

JICA and NAEB partner to improve Rwanda’…

A new framework that aims to improve the quality of local coffee in Rwanda has been implemented in the country

Status of the oriental fruit fly in South Africa

Status of the oriental fruit fly in Sout…

The department of agriculture, forestry and fisheries (DAFF), South Africa, has released a statement on the status of the oriental fruit fly in the country

Prev Next