global food markets

Africa’s journey To Self-sufficiency: The Power Of Intra-Africa Trade

Africa’s journey To Self-sufficiency: The Power Of Intra-Africa Trade

Africa, with its vast agricultural resources and untapped potential, holds the key to overcoming food security challenges and achieving self-sufficiency. The continent possesses an immense capacity to feed itself and even become a major player in global food markets. However, the continent has long been dependent on external markets for its food needs. Africa spends approximately $50 billion annually on food imports. This heavy reliance on imports creates a sense of vulnerability and dependency that hinders Africa’s progress towards self-sufficiency and economic prosperity.