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African Countries Spent $20 Billion Every Year Only On Wheat Imports - Politics - Nairaland

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African Countries Spent $20 Billion Every Year Only On Wheat Imports by Humblebec: 11:28am On Feb 07
Dr. Solomon Gizaw, the Head of Technologies for African Agricultural Transformation (TAAT) Clearinghouse, has disclosed that African nations collectively spend about $20 billion each year on importing #wheat. He shared this information during a Train-the-Trainer workshop focused on wheat seed production in Kano.

Dr. Gizaw highlighted the impact of the ongoing Ukraine-Russia crisis, noting that it has led to disruptions in the supply chain and increased wheat prices in #africa. These challenges are placing significant financial burdens on the continent. Despite this, he emphasized that Nigeria has the potential and resources to cultivate wheat domestically, not only for its own needs but also to supply neighboring African #nations.

He explained, "The fight between Russia and Ukraine impacted the whole of Africa. You can imagine, two countries fighting elsewhere in Europe but the fight has caused a lot of supply disruption because Africans were the major #importers of wheat across the continent. This means that as a continent, we don’t have food security as our food security is in the hands of others."

Annually, Africa spends nearly $20 billion importing wheat from various parts of the world, including Ukraine and Russia. The conflict between these two countries has disrupted the supply of wheat and fertilizer, affecting food security in the regi... Read More https://dooliant.com/post/216_african-countries-spent-20-billion-every-year-only-on-wheat-imports-dr-solomon-g.html

Source: https://dooliant.com

Re: African Countries Spent $20 Billion Every Year Only On Wheat Imports by RepoMan007: 11:31am On Feb 07
Enough to build one Dangote refinery. I wonder what FG is waiting for.
Re: African Countries Spent $20 Billion Every Year Only On Wheat Imports by Ibaaboy(m): 11:46am On Feb 07
Ham mm

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