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Feed Africa- Strategy for Agricultural Transformation in Africa 2016-2025
Agriculture is a major source of income in Africa; however, untapped agricultural potential has contributed to persistent poverty and deteriorating food security, resulting in a projected increase in the number of undernourished people from ~240m in 2015 to ~320m by 2025. Falling commodity prices for a broad range of natural resources are creating an increasing imperative for African nations to diversify their exports and reduce current account deficits. At the same time, increased food demand and changing consumption habits driven by demographic factors such as population growth and urbanization are leading to rapidly rising net food imports, which are expected to grow from US$35bn in 2015 to over US$110bn by 2025.