Africa: Home to 60% of the World’s Arable Land but Only Contributing 10% to Global Food Production

L-R, Oluwatoba Asana, Country Manager, OCP Africa-Nigeria; Kingsley Uzoma, Senior Special Assistant to the President of Nigeria on Agribusiness and Productivity; and Aliku Oreveoghene, Senior Agronomist, OCP Africa-Nigeria, at the Food and Energy Security Conference in Lagos recently.

Oluwatoba Clement Asana, Country Manager of OCP Africa-Nigeria, has expressed concerns on why Africa possesses over 60 percent of the world’s arable land yet contributes only 10 percent to global food production.

Clement stated this while highlighting the company’s strategic initiatives aimed at transforming agriculture in Africa at the 2024 Food and Energy Security in Africa Conference held in Lagos recently.

OCP Africa, a player in Africa’s agricultural sector, also emphasised that agro-industrial conglomerates play a critical role in driving solutions for sustainable agricultural resilience across Africa and facilitating food security on the continent.

The event, hosted by White & Case LLP in collaboration with the Nigeria Sovereign Investment Authority (NSIA), AFREXIM, and African Finance Corporation (AFC), brought together industry leaders, policymakers, and experts to discuss critical issues on food and energy security plaguing Africa.

Speaking during a fireside chat at the conference, Asana underlined the immense potential of Africa’s vast arable land and the urgent need to unlock its value.

He stated that Africa possesses over 60 percent of the world’s arable land yet contributes only 10 percent to global food production.

Sponsored

Share the Post:

Related Posts

Sponsored

Join Our Newsletter

Scroll to Top