AfDB to invest $120 million to boost cassava and others

AfDB to invest $120 million to boost cassava and others

The African Development Bank (AfDB) said it will invest $120 million in the next 2-3 years to boost the productivity and transform cassava and eight other commodities on the continent. The nine commodities include cassava, rice, maize, sorghum/millet, wheat, livestock, aquaculture, high iron beans and orange-fleshed sweet potatoes.

“Transforming cassava on the African continent would help African nations to cut imports and redirect about $1.2bn into African domestic economies,” the Director for Agriculture at AfDB, Dr Martin Fregene said at the fourth International conference on cassava, being organized by the Global Cassava Partnerships for the 21st Century, GCP21, in Cotonou, Republic of Benin.

The cassava conference is being attended by more than 450 local and international partners in the cassava sector, coming from research and development organizations, government, farming community, and the private sector.

The bank’s investment in cassava comes at a time when African governments are scaling up efforts to end food imports and create wealth.

Dr. Fregene said cassava was a strategic crop for Africa’s food security and wealth creation for youth, and women, adding that “another dimension to the importance of cassava is in nutrition where cassava can enhance the nutrition of children directly or as feed for poultry and other livestock.”

With the largest volume of cassava coming from Africa, cassava supports more than 350 million people in Africa.

The Minister of Agriculture for the Republic of Benin, Dr. Gaston Dossouhoui said cassava remained the cheapest staple consumed by Africans, adding that “addressing the constraints of cassava production in Africa will have a positive impact on African farmers.”

He lauded the President of the African Development Bank, Dr. Akin Adesina for his commitment of investing in agriculture and cassava, in particular.

The minister also commended the GCP21 for organizing the fourth International Conference on cassava, emphasizing that it would contribute to knowledge sharing that would help in removing the bottlenecks in the cassava sector.

Founded in 2003, GCP21 is a not-for-profit international alliance of 45 organizations and coordinated by Claude Fauquet and Joe Tohme of the International Center for Tropical Agriculture (CIAT). It aims to fill gaps in cassava research and development to unlock the potential of cassava for food security and wealth creation for poor farmers.

Original source: ASNS
Published on 12 June 2018