• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, July 3, 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

Africa losing $952bn every year to ‘hidden food cost’ , raising disease, poverty Burden

Africa

The Matters Press by The Matters Press
November 14, 2023
Reading Time: 2 mins read
0
Cross-border traders protest new barriers to trade in food in EAC

While across Africa agriculture is touted as the backbone of many economies, contributing more than a third of their gross domestic product (GDP), it is also the sector rife with hidden costs associated with agrifood systems that translate into higher costs of food.

RELATED POSTS

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

A study by the Food and Agriculture Organisation (Fao) reveals that every year, Africa incurs or loses $952.5 billion (of which eastern Africa suffers the highest at $264.9 billion) on issues directly linked to agricultural production to feed the globe.

The study, presented in Fao’s latest annual State of Food and Agriculture Report published this week, reveals that while agricultural production and consumption appear to be simple transactions, there are enormous hidden costs that are ostensibly higher in developing countries than advanced economies.

The hidden costs, which are the losses to a country’s GDP that result from their agricultural production, have traditionally been ignored by countries, but are slowly taking much more from countries, compared to the benefits generated by agricultural production.

The UN agency has quantified, in monetary terms, the losses that result from, among other things, greenhouse gas (GHG) emissions from farming activities, water and land use change, loss in economic productivity due to “unhealthy dietary patterns,” and undernourishment.

Globally, Fao estimates that the hidden costs attributed to food systems amount to $12.7 trillion every year, which is about 10 percent of the world’s GDP when agriculture itself accounts for only four percent of global GDP.

Based on the report, the highest hidden cost of agrifood systems globally comes from the productivity losses linked to the burden of diseases caused by unhealthy dietary patterns. These cost the globe approximately $9.3 trillion every year, about 73 percent of total hidden costs.

In Africa, the costs due to poor dietary patterns are also the highest, costing the continent $391 billion yearly and another $18 billion due to the burden of disease caused by undernourishment. READ MORE

Tags: Africafood
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
$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
Next Post
Saudi Arabia dangles debt reprieve offers to Africa

Saudi Arabia dangles debt reprieve offers to Africa

Minimum wage a reality – Labour

Nationwide strike: NLC, TUC Lagos affiliates comply

Recommended Stories

Experts validate Nigeria’s implementation strategies for success under AfCFTA

Naira peaks by 0.78% against Doll

January 30, 2025
Food prices peak after Eid el-Fitr

Egg glut forces farmers’ call for a mop up

March 28, 2023
“Naira-4-Dollar” getting results

Naira rises against dollar at Investors and Exporters window

July 29, 2022

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

  • Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF
  • Transformational in FCT in line with Tinubu’s Renewed Hope agenda
  • Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

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