+260 777 108 870

info@solwezitoday.com

  • Facebook
  • LinkedIn
  • Instagram
  • Home
  • Magazines
  • News
    • Mining
    • Business
    • Entertainment & Arts
    • Environment
    • Health
    • Sports
  • Contact Us
  • Advertise
Business, News

Africa’s SMEs will make or break its food systems

Moses

September 14, 2022

Bold actions are needed to transform the way Africa produces and consumes food, write the CEO of IDH and managing director of the AGRF.

As Covid-19 and the war in Ukraine continue to send shockwaves through the agricultural sector, the damage to global food security is becoming irreversible. Currently 1.2bnn people are suffering from chronic undernutrition and more than 820m people, or 10% of the world’s population, are going hungry, according to the UN’s Food and Agricultural Organisation (FAO.)

That’s not all. More than 48m people around the world are on the brink of famine, according to World Food Programme (WFP) estimates. And, as the Global Network Against Food Crises (GNAFC) reports, the situation is fast worsening: at 193m, the number of people facing acute food insecurity at crisis levels or worse in 2021 was up by nearly 40m compared to 2020.

Before 24 February 2022, a confluence of forces – including the global pandemic, climate change and evolving dietary habits – was already conspiring to fracture already fragmented supply chains. Then the Russian invasion of Ukraine quickly escalated the situation as Russia’s blockade on the export of millions of tonnes of Ukrainian grain dramatically hit food-price inflation. The two agricultural giants account for 29% of global wheat exports and 62% of sunflower oil production collectively.

This has hit emerging markets and developing economies disproportionately hard, with five of the ten most-at-risk countries located in Africa, according to the WFP.

Green shoots of hope

Yet an enormous opportunity for Africa to take back control of its future food security systems lies with the continent’s small and medium-sized enterprises (SMEs), which provide about 80% of jobs.

Sub-Saharan Africa alone is home to 44m micro, small and medium-sized businesses, providing communities and families across multiple countries with prospects, jobs and income. They are also essential players in ensuring food security: just 20% of food production is for the growers. The remaining 80% is mostly marketed and handled through an intricate network of private suppliers.

It has been proven time and again that a stable, developing and well-connected SME can unlock financial inclusion for entire communities. This makes it a painful irony that the SME sector in Africa has suffered more than anywhere else since 2019.

Despite the multi-faceted challenges, there are glimmers of hope across Africa’s SME spectrum. The MasterCard SME Confidence Index revealed that 74% are confident about the next 12 months and close to half expect their revenues to increase.

Essential to this growth will be digital payments and digitalised processes, streamlined access to credit and funding, better data and trans-border trading. The vast majority of respondents (89% in Kenya, 81% in West Africa and 73% in Cote d’Ivoire) were also confident that e-commerce too will play a game-changing role.

At the core

However, for Africa’s food systems to undergo the transformation that is so essential, multiple systemic issues must first be addressed. These are beyond the scope of a single organisation or initiative: until organisations stop working in silos and start collaborating effectively, any efforts to drive transformation will be severely hampered.

Similarly, slow investment rates in agriculture and food production are holding back change. There needs to be a stronger focus on encouraging trade between areas of surplus and those of deficit. And, while many other socio-economic and environmental drivers also need attention, nothing is more important than replacing imports into Africa with home-based production.

The focus also needs to shift to nutrition, enabling the uptake of balanced diets including elements like fruit and vegetables, dairy, meat, fish, lipids and tubers as well as traditional staples like grain, rice and cassava. Progress is visible: these more diverse foodstuffs now form between 50% and 70% of urban and rural diets. Processed foods, too, are rapidly gaining traction, providing greater opportunities for increased production and value added across the African food system, generating more jobs, more income and better food security.

To get this process rolling, the AGRF and IDH are combining their strengths and areas of expertise to generate some real impetus, with important focus on the AGRF 2022 summit, taking place from 5-9 September in Kigali, Rwanda. The summit gathers farmers, SMEs, leaders, officials and other voices across agriculture, government and the public and private sectors, to com

Search Bar
Popular Posts
  • Zambia Taps Youth & Tech to Transform Mining Through the MineTech Hub
    Zambia Taps Youth & Tech to Transform Mining Through the MineTech Hub
  • ZCCM-IH Signs MoU for New Gold Mining Project in Northwestern Zambia
    ZCCM-IH Signs MoU for New Gold Mining Project in Northwestern Zambia
  • DRC Resumes Cobalt Exports After 10-Month Ban to Stabilize Prices
    DRC Resumes Cobalt Exports After 10-Month Ban to Stabilize Prices
  • U.S. Launches Powerful Airstrikes Against ISIS Militants in Northwest Nigeria
    U.S. Launches Powerful Airstrikes Against ISIS Militants in Northwest Nigeria
Related Posts
  • Zambia Taps Youth & Tech to Transform Mining Through the MineTech Hub
    Technology

    katyetyemfelix

    December 26, 2025
    Zambia Taps Youth & Tech to Transform Mining Through the MineTech Hub

    Zambia has officially launched the Timbuktoo MineTech Hub, a cutting-edge innovation center in Lusaka designed to transform the…

    Read More…

  • ZCCM-IH Signs MoU for New Gold Mining Project in Northwestern Zambia
    Mining

    katyetyemfelix

    December 26, 2025
    ZCCM-IH Signs MoU for New Gold Mining Project in Northwestern Zambia

    ZCCM Investments Holdings Plc (ZCCM-IH) has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and…

    Read More…

  • DRC Resumes Cobalt Exports After 10-Month Ban to Stabilize Prices
    Mining

    katyetyemfelix

    December 26, 2025
    DRC Resumes Cobalt Exports After 10-Month Ban to Stabilize Prices

    The Democratic Republic of the Congo (DRC) has officially resumed exports of cobalt after a 10-month halt that began in early…

    Read More…

  • U.S. Launches Powerful Airstrikes Against ISIS Militants in Northwest Nigeria
    News

    katyetyemfelix

    December 26, 2025
    U.S. Launches Powerful Airstrikes Against ISIS Militants in Northwest Nigeria

    The United States has conducted a series of “powerful and deadly” airstrikes against Islamic State (ISIS/ISIL) militants in northwest Nigeria, U.S. President Donald…

    Read More…

Your source for the lifestyle news. This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. Visit our main page for more.

We’re social, connect with us:

  • Facebook
  • LinkedIn
  • Pinterest
  • Instagram

Latest Magazine

Recent Posts

  • Zambia Taps Youth & Tech to Transform Mining Through the MineTech Hub
    Zambia Taps Youth & Tech to Transform Mining Through the MineTech Hub
  • ZCCM-IH Signs MoU for New Gold Mining Project in Northwestern Zambia
    ZCCM-IH Signs MoU for New Gold Mining Project in Northwestern Zambia
  • DRC Resumes Cobalt Exports After 10-Month Ban to Stabilize Prices
    DRC Resumes Cobalt Exports After 10-Month Ban to Stabilize Prices

Categories

Business Editors Picks Entertainment & Arts Environment Featured Health Health & Fitness Mining Nature News News in Pictures Politics Sports Technology Uncategorized

© 2025. All Rights Reserved. Solwezi Today Magazine