twitter RSS Feed linkedin acp contact

UN report calls for farmer-centred approach to agricultural investment

Investing in agriculture could reduce hunger and poverty while safeguarding the environment, according to the UN Food and Agriculture Organisation's (FAO) annual report, The State of Food and Agriculture 2012

Africa farmingCountries which have made huge on-farm investments have reduced hunger by 50 per cent to meet the first Millennium Development Goal. (Image source: Africa Renewal)

The report, which was presented in Rome, stated that farmers worldwide must be a key focus to any agricultural investment strategy as they are the main investors in this sector.

"A new investment strategy is needed that puts agricultural producers at its centre," said FAO director-general José Graziano da Silva.

“The challenge is to focus the investments in areas where they can make a difference. This is important to guarantee that investments will result in high economic and social returns and environmental sustainability.”

The report noted that farming expenditure for farmers in low-and-middle-income countries amounted to more than US$170bn a year, which is three times as much as all other sources of investment put together.

Regions where extreme poverty is widespread and should be tackled include southern Asia and sub-Saharan Africa, where rates of agricultural investment over three decades have been falling, according to the FAO document.

"Recent evidence shows signs of improvement, but eradicating hunger in these and other regions, and achieving this sustainably, will require substantial increases in the level of farm investment in agriculture and dramatic improvements in both the level and quality of government investment in the sector," the report stated.


LATEST NEWS IN Agriculture

African food imports bill predicted to double by 2030

African food imports bill predicted to d…

Experts have warned that the cost of Africa’s yearly food imports could increase from US$50bn to US$110bn by 2030 if immediate measures aren’t taken to increase food production

Wildlife and forestry sector in the spotlight

Wildlife and forestry sector in the spot…

On August 22, the 23rd session of the African Forestry and Wildlife Commission, hosted by the Government of the Democratic Republic of the Congo opened in Kinshasa, putting the future...

Boosting investment for Africa-made cotton

Boosting investment for Africa-made cott…

At a partner’s conference on cotton, jointly organised with the World Trade Organization (WTO) and the UN Conference on Trade and Development (UNCTAD), donors were urged to mobilise resources for new partnerships.   

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...

Prev Next

OTHER RELATED ARTICLES - Agriculture

Gambia's female farmers receive loan to enhance productivity

Gambia's female farmers receive loan to …

Members of the Gambia Women Farmers Association (GAWFA) were given a loan of US$57,000 to increase their working capacity

Achieving self-sufficiency with organic fruit and vegetable seeds

Achieving self-sufficiency with organic …

Seed n Sow, a London-based startup, is empowering individuals to attain self-sufficiency with their organic, eco-friendly, non-GMO and pesticide-free vegetable and herb seeds

New Holland renews support of ‘Kids of Africa’ in Uganda

New Holland renews support of ‘Kids of A…

New Holland Agriculture and its supplier in Uganda, Cooper Motor Corporation Ltd (CMC), have together donated a TT55 tractor to the ‘Kids of Africa’ non-profit organisation

ICIPE develops bio-pesticides to control fall armyworm

ICIPE develops bio-pesticides to control…

The International Centre of Insect Physiology and Ecology (ICIPE) has developed a range of bio-pesticides to provide effective and environmentally safe alternatives for farmers in Africa to manage the invasive...

Organisations call for radical transformation of food systems

Organisations call for radical transform…

According to a report launched by the largest international space of grassroots organisations and indigenous communities working to eliminate food insecurity and malnutrition, the COVID-19 food crisis is closely related...

NDC launches US$111mn palm oil project in Tanzania

NDC launches US$111mn palm oil project i…

Nava Bharat Pte. Limited (NBS) in collaboration with Tanzania’s National Development Corporation (NDC) is investing US$111mn in a 10,000ha (hectare) Integrated Palm Oil project in Ruvu Basin Coast region near...

AfDB to spend US$63 million on African food security

AfDB to spend US$63 million on African f…

The African Development Bank (AfDB) has launched a US$63mn agricultural initiative which aims to reduce the need for food imports and boost crop production across 20 African countries

Agriculture must be treated as a business, says Buhari

Agriculture must be treated as a busines…

Nigerian President Muhammadu Buhari has spoken of the importance of agriculture to his economic plan

IOM and private agribusiness to promote youth employment in Sierra Leone

IOM and private agribusiness to promote …

The International Organization for Migration (IOM) and Sierra Tropical Limited (STL) have signed an MoU during the Seventh Tokyo International Conference on African Development

Chinese firm invests US$1bn in Tanzanian cassava

Chinese firm invests US$1bn in Tanzanian…

Tanzania has signed a US$1bn partnership agreement with a Chinese firm to commercialise cassava farming and processing

ITFC finances US$128.83mn to develop Burkina Faso’s cotton sector

ITFC finances US$128.83mn to develop Bur…

Jeddah-based International Islamic Trade Finance Corporation (ITFC) has signed a US$128.83mn Murabaha Financing Agreement to finance Burkina Faso 2017-2018 Cotton Season with SOFITEX as executing agent

South Africa amends Agri-BEE sector code to boost the country’s agri-business

South Africa amends Agri-BEE sector code…

Dr Rob Davies, minister of trade and industry in South Africa, has gazetted the amended AgriBEE sector code for implementation by entities in both public and private sector, aiming to...

Prev Next