• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Food insecure in Sub-Saharan Africa increases to 123m in 2022- IMF

Food

The Matters Press by The Matters Press
October 11, 2022
Reading Time: 2 mins read
0
Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

The International Monetary Fund (IMF), says the Ukraine war and COVID-19 have raised the number of food insecure in Sub-Saharan Africa (SSA) to 123 million in 2022.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

This is contained in the overview of the Topic “Analytical Corner: Climate Change and Food Insecurity in Sub-Saharan Africa delivered at the
IMF and The World Bank Group 2022 Annual Meetings.

The annual meetings is holding in Washington DC from Monday, Oct.10 to Sunday, Oct. 16, 2022.

The discussion was led by Mai Farid, African Department, IMF.

Farid said that successive shocks from the Ukraine war and the COVID-19 pandemic have heightened food prices and depressed incomes.

She said this had raised the number of food insecure in SSA by at least 30 per cent to 123 million in 2022.

Farid said the rising frequency and intensity of droughts, floods, and cyclones as well as higher temperatures and sea levels are set to exacerbate this number.

“The wide-ranging macroeconomic consequences of food insecurity can have lasting adverse effects, especially on economic growth and poverty. ”

She said addressing the lack of resilience to climate change would require careful policy prioritisation against a backdrop of substantial financing and capacity constraints.

Farid said there were some key areas of focus that could be most impactful in addressing the food insecurity in the region.

She said one of the key areas was fiscal policies focused on social assistance and efficient public infrastructure investment.

“This can improve poorer households’ access to affordable food, facilitate the expansion of climate-resilient agricultural production, and support quicker recovery from adverse climate events”

She said another area was improving digitalisation and telecommunications to support access to finance.

“This is key to stepping up private investment in agricultural resilience and productivity thus improving the earning capacity of poorer rural and urban households”

Farid said greater regional trade integration, complemented with resilient transport infrastructure was another key area in addressing food insecurity in SSA.

‘”This enables sales of one country’s bumper harvests to its neighbors facing shortages, substantially improving households’ welfare by reducing food insecurity and promoting the stability of food prices.”

She said the international community could help with financial assistance, especially for social assistance and key infrastructure areas, capacity development, and facilitating transfers of technology and know-how.

Tags: food
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
CIIN president tasks Insurance directors on manpower development

African Alliance Insurance pays N6.65bn claims in Q3

Buhari moves against palm oil importers

Delta distributes 1.5m oil palm seedlings to 1,500 farmers -Commissioner

Recommended Stories

Nigeria has not taken decision yet on fuel subsidy

Fuel subsidy prevents investments in Nigeria

December 5, 2022
Opara emerges 22nd President of CIBN

CIBN, LBS launch dual qualification programmes for financial services professionals

November 3, 2023
Rescue operation continues in collapsed 21-storey building in Lagos

Rescue operation continues in collapsed 21-storey building in Lagos

November 2, 2021

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us