THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
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Press release…
From FAO Regional Office for Africa…
30/04/2026
Accra/Addis Ababa – A new joint report by the Food and Agriculture Organization of the United Nations (FAO), the United Nations Economic Commission for Africa (ECA), the World Food Programme (WFP) and the African Union Commission (AUC) highlights the enormous gap between current public and private financing of agriculture and the level of financing needed to transform Africa’s agrifood systems. It also affirms the continuing rise in hunger and food insecurity across Africa, underscoring the urgency for substantial and sustained financing to transform agrifood systems.
The latest Africa Regional Overview of Food Security and Nutrition highlights that overall, there has been a general upward trend in government expenditure on agriculture, forestry, and fishing in Africa since 2018. This sustained growth, while encouraging, remains insufficient to meet the targets for ending hunger and transforming agrifood systems, especially given ongoing fiscal pressures in many African countries. .
External flows such as official development assistance showed only modest increases during the reporting period, with less than 27 percent allocated to food security and nutrition.
Private investment remains alarmingly low. Bank credit to agriculture accounts for less than four percent of total credit, and foreign direct investment (FDI) in food and agriculture remains highly concentrated and far below potential, with annual flows often below USD 2 billion in the sector.
Small and medium agricultural enterprises, in particular, lack access to finance because they are too big for microfinance and too small for banks…
