Food security: A challenge to Africa’s sustainable development

11th Oct, 2019

The Food and Agriculture Organization (FAO) predicts that grain production alone will need to double by 2050 if everyone is to have enough to eat in the future…

Food security exists when all people have physical and economic access to sufficient, safe and nutritious food. But unfortunately, food security does not exist for a significant proportion of the world’s population. In sub-Saharan Africa, 1 out of 4 people lacks adequate food for a healthy and active life. 

Africa, the world’s second-largest and most populous continent with an estimated population of 1.3 billion is reported to be the world’s fastest-growing continent with an estimated doubled population by the year 2050. But despite the exponential population increase, landmass remains static as Nigeria alone still possesses over 80 million hectares of uncultivated land. To rise to the economic challenge and feed the growing population, Africa will need to depend heavily on agriculture. 

This is why at Farmforte, we recognize that to create reliable access to sufficient quantity, healthy and nutritious food, agriculture must become more productive, efficient and sustainable - this calls for enormous investment volumes. To achieve this, we have created an open and transparent Agric commodity trading platform - Agropartnerships. Our innovative agriculture investment and sustainable model will help drive the shift from a conventional, environmentally harmful and socially detrimental form of agriculture, to a more socially just, environmentally sustainable food production and distribution system. We also play a significant role in the agri-value chains – from sourcing or growing raw materials, transforming them finished products and global exportation.

At Farmforte, we are in line with the Sustainable Development Goal 2 (SDG2) practices which support sustainable agriculture that benefits and empowers smallholder farmers. We help smallholders achieve substantial and regular income to be food-secure, and ultimately, “market-ready”. We invest in a wide range of agriculture opportunities that include local growth and development across key components such as smallholder support, logistics and storage solution, local and international market creation.

Farmforte’s goal is to create and support innovation for more efficient and sustainable agriculture production to enhance food security. Through long-term investments in agriculture, smallholder support, and food and nutrition safety and security, we are making measurable progress in helping create a sustainable-driven food system in Africa. 

At Farmforte, we are striving to advance sustainability and profitability hand in hand, not only because we recognize that our success, that of the people, and the success of agriculture in Africa are inextricably bound together, but because we are seeking to positively impact the future of food security around the world.  

Growth in agriculture has been proven to be two to three times as effective at reducing extreme poverty, promoting economic growth and ensuring food security than any other sector. And because 80% of food is produced by smallholder farmers, one of Farmforte’s ultimate goal is to continue providing smallholder farmers opportunities to scale. 

- Osazuwa Osayi - Farmforte Co-Founder & Co-CEO

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