With Financing for Development a hot topic, there are clear signs that investing in agriculture is the right thing to do. Globally, 842 million people are estimated to be undernourished. By 2012 alone, the number of hungry people in Africa grew to 239 million. The goal to reduce poverty and undernourishment by half is unachievable for the year 2015, and will require serious focus within Africa. Agriculture plays a critical role in African livelihoods, and the competitiveness of this industry affects the income earnings of the African population. My friend Richard Mkandawire co-authored an article which speaks to Africa’s challenges in attaining MDG1 by 2015 and will be published by the University of Capetown in a couple of months. Richard believes that “accelerated growth in African agriculture, which contributes more than any other sector to rising incomes in rural areas where most people live and work, is essential to achieve Millennium Development Goal 1”.
Read my take on this topic in the full article, which was featured on the Huffington Post.