Biotech Updates

African Agriculture Challenged by Rapid Food Price Increase

June 27, 2008

Unprecedented hike in food prices, which rose 52 percent between 2007 and 2008, has resulted in severe economic, social and political consequences to African agriculture. Urgent measures are needed to offset the negative impacts and to rapidly boost food production in the most affected countries. This was forwarded by FAO Director-General Jacques Diouf at the 25th Food and Agriculture Organization Regional Conference for Africa.

Diouf added that African agriculture still faces many constraints, being undercapitalized, inefficient and uncompetitive. However, he said that with political will and good governance, Africa can change its agriculture and meet the food requirements of its people.

Read the full article at http://www.fao.org/newsroom/en/news/2008/1000868/index.html