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PhreeNews > Blog > Africa > Economics > Africa’s $70bn Meals Import Invoice Sparks Pressing Name for Funding in Native Farming
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Economics

Africa’s $70bn Meals Import Invoice Sparks Pressing Name for Funding in Native Farming

PhreeNews
Last updated: October 1, 2025 1:55 am
PhreeNews
Published: October 1, 2025
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Africa’s rising meals import invoice, now estimated at round $70 billion yearly, is unsustainable and alerts an pressing have to spend money on native agriculture, smallholder farmers, and climate-smart meals methods, regional leaders and agricultural stakeholders have warned.

They have been talking on September 30, on the Japanese Africa Farmers Federation (EAFF) Congress being held in Kigali, from September 30 to October 2.

Marking 20 years of EAFF’s operations, the congress introduced collectively actors within the agriculture sector, together with authorities officers, improvement companions, researchers, and farmers from throughout the area beneath the theme: “In direction of Extra Sustainable Meals and Farming Programs.”

Opening the occasion, Rwanda’s Minister of Agriculture and Animal Assets, Mark Cyubahiro Bagabe, stated the continent should confront its meals and farming realities head-on.


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“We’re assembly beneath the theme in the direction of extra sustainable meals and farming methods at a time after we’re experiencing local weather shocks, excessive commerce prices and really commerce deficits,” he stated, citing Africa’s meals import invoice, which is a “staggering” $70 billion a yr.

This, he stated, is occurring when the continent additionally faces unemployment, particularly amongst youth, which can be one of many causes of social unrest.

ALSO READ: Africa’s meals import invoice doubles in seven years

Underinvestment on the coronary heart of the disaster

Elizabeth Nsimadala, President of the Japanese Africa Farmers Federation, warned that Africa’s ballooning meals imports threaten its meals sovereignty.

This, she stated, displays many years of underinvestment in agriculture.

“As a continent, we’re seated on a time bomb. At the moment, our import invoice is round $70 billion [per year],” she stated.

“It is actually a wake-up name for all of the ecosystem actors in agriculture to spend money on agri-food methods.”

ALSO READ: Agric minister backs farmers’ provide contracts as mortgage collateral

Nsimadala indicated that lack of investments within the agriculture sector is the most important issue for the growing meals import invoice.

“Twenty years now because the Maputo Declaration, international locations dedicated to allocate 10 per cent of their nationwide budgets to the agriculture sector. However not one of the African international locations has truly allotted 10 per cent,” she acknowledged.

“We have now a couple of international locations like Rwanda which might be actually making an attempt, however lots of the African international locations are round 3 per cent. So, we actually have to see how we prioritise investments within the agriculture sector if we’re to scale back this import invoice.”

She additionally flagged restricted entry to reasonably priced financing as a serious bottleneck.

Regardless of agriculture’s significance to the continent’s economies, Nsimadala expressed concern that financial institution loans to agriculture common simply 5 per cent of complete lending, whereas rates of interest usually exceed 24 per cent, even amongst Financial savings and Credit score Cooperatives (SACCOs) – that are nearer to farmers and are imagined to assist them comparatively higher.

She pointed to the necessity for extra agricultural banks and improvement financing that perceive the wants of smallholder farmers.

Additionally, she stated, local weather adaptation funding reaching smallholder farmers is lower than 1 per cent, which hinders their resilience to local weather change.

Regardless of challenges, EAFF helped safe over $4.5 million in loans for farmers – from business banks and SACCOs – and facilitated $6 million value of commodity gross sales throughout eight international locations via farmer organisations.

Boaz Keizire, Director of Coverage at AGRA, underscored Nsimadalas’ earlier message at Africa Meals Programs Discussion board, the place she challenged African leaders and international companions on investing the $70 billion – spent on importing meals into the continent – in its farmers to provide the meals as a substitute.

He stated it has continued “to catch hearth” throughout the continent and globally.

“Allow us to construct meals methods that aren’t solely sustainable, however sovereign. Allow us to be certain that the way forward for farming in Africa is formed by those that know and belief the farmers,” Keizire noticed.

Closing productiveness gaps, constructing resilience

Minister Bagabe identified that boosting productiveness -particularly amongst smallholder farmers – holds the important thing to decreasing Africa’s dependency on imported meals.

In Rwanda, common maize yields are about two tonnes per hectare, but some farmers produce as much as ten tonnes. This displays disparities in manufacturing amongst smallholder farmers who lack satisfactory farm inputs, and large-scale farmers. Cassava yields can go as much as 50 tonnes per hectare, whereas the nationwide common is far decrease – thrice much less.

That is the hole that have to be closed, he stated.

He referred to as for sensible motion to lift productiveness by investing in climate-smart agriculture, analysis on resilient crops and livestock, and lengthening digital advisory providers to farmers.

Speaking about key priorities for a sustainable meals system, Bagabe outlined some pillars essential to reworking agriculture within the area.

They embrace local weather adaptation and early warning methods, youth and girls inclusion in agri-business, agritech and innovation to modernise farming, quick access to finance, together with blended finance for low-cost funding to agriculture, and scaled-up agri-insurance to cushion farmers from losses in case of uncontrollable circumstances.

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ALSO READ: Rwanda unveils agric plan to draw over $330m in non-public funding

Lowering post-harvest losses can also be an vital issue, the minister indicated.

“We actually need to work collectively all through the entire worth chain to scale back post-harvest losses,” he stated.

Audio system confused that Africa has the capability to not simply feed itself, however develop into a serious agricultural powerhouse – if the best investments are made.

In her digital tackle, Sara Mbago-Bhunu, Regional Director on the Worldwide Fund for Agricultural Growth (IFAD), stated smallholder farmers, the spine of the meals system, battle towards local weather shocks, land degradation and restricted market entry.

“This should change and it may well change with political will, robust public-private producer partnerships and elevated funding. Africa’s agriculture can drive meals safety, create jobs and gas inclusive development,” she stated.

“The African Continental Free Commerce Settlement opens a trillion-dollar agribusiness alternative by 2030. Via climate-smart options, investments in agro-processing and empowerment of ladies and youth, we are able to construct the sustainable meals methods our communities deserve.”

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