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Africa will need 7 billion USD for rice imports annually by 2020

Africa will need 7 billion USD for rice imports annually by 2020

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The United Nations (UN) Food and Agriculture Organization (FAO) has predicted that Africa would need a whopping 7 billion U.S. dollars for its rice imports annually by 2020.

Abebe Haile-Gabriel, Officer-In-Charge of the FAO Regional Office for Africa said this in his message on Monday at the opening of the two-day conference on Sustainable Rice Systems in Sub-Saharan Africa, in Ada, about 104 km east of Ghana’s capital Accra.

He therefore noted that there was the need for effective leadership and political will coupled with concerted efforts for Africa to achieve self-sufficiency in rice production and also end hunger.

The African Rice Project is under the UN South-South Cooperation program. China is one of the major development partners supporting the South-South Cooperation program especially in Africa and Asia.

Official data by FAO indicated that in 2015 alone African countries have imported about 36 percent of their rice requirements, at the cost of about 4 billion dollars.

“The projection for 2020 do not seem to change that percentage: only that the drain on foreign exchange to foot the import bills are expected to rise to 7 billion dollars annually,” the official said.

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