President Akufo-Addo says the crisis in Ukraine has compromised the food security of Africa through the unavailability of fertiliser.
President Akufo-Addo has stated that the country’s poultry industry may be hit harder by the fertilizer shortages affecting Africa.
Ghana’s maize and soy supply could be harmed, he added, adding that “our poultry business could be hit more.”
The mounting concerns about fertiliser shortages across Africa, particularly Ghana, are quite concerning, according to Akufo-Addo.
The president issued the warning while speaking at the University of Professional Studies in Accra on Wednesday to inaugurate the 22nd Academy of African Business and Development Conference (AABD) (18 May).
He claimed that the Ukraine conflict has jeopardized Africa’s food security by disrupting commodity imports as well as the lack of fertiliser for crops.
Clarion call.
The current chaos in the global commodities market, supply chains, and logistics, according to Akufo-Addo, should serve as a wake-up call for Africa to rise up and stand on its own.
He added that “the moment to pursue the path of wealth and self-respect for our nations and continent is now,” citing the historic opportunity presented by the African Continental Free Trade Area (AfCFTA), which provides both motivation and catalyst for much-needed sustainable development.
Africa beyond aid.
Speaking on the theme: “Sustainable Development Beyond Aid: The Focus for Africa?” President Akufo-Addo said the concept of Africa beyond aid is about acknowledging that “we must develop in a sustainable manner “recognising that we must take the bull by the horn and take responsibility for our sustainable growth while pursuing our fellow African countries as key stakeholders in our own development.”
The African Business and Development Conference (AABD) is an annual conference aimed at facilitating multidisciplinary research by stimulating collaborations between African researchers and professionals and their counterparts around the world, as well as advancing solutions to some of Africa’s challenges.
The meeting, which began on Tuesday, May 17th, is scheduled to end on May 21, 2022.