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BUSINESS

African Development Bank champions renewable energy for sustainable agriculture

November 25, 2024 2 min read

November 25, 2024

By Samuel Ogunsona

The African Development Bank Group has taken a significant step towards promoting sustainable agriculture in Africa by championing a scale-up of renewable energy access. This initiative aims to transform agriculture in Africa by harnessing the continent’s abundant sunshine, inland valleys, lands, and water resources.

At a side event held at the Africa Pavilion during COP29, the Bank brought together key stakeholders to discuss how solar energy can bolster Africa’s agricultural productivity.

The event featured expert panel discussions exploring practical strategies such as integrating solar-powered irrigation systems, extending off-grid energy access to rural communities, policy alignment mechanisms, and introducing innovative financing solutions.

Dr. Martin Fregene, Director of Agriculture and Agro-Industries at the African Development Bank, emphasized the institution’s significant efforts to transform agriculture in Africa. “The Bank has invested over $1 billion in regional and national programs aimed at increasing food production, particularly in lowlands irrigated field production,” he said.

Tunisia’s Environment Minister, Habib Abid, stressed the need for collective action to ensure that renewable energy solutions reach every corner of the continent. IRENA Director-General Francesco La Camera echoed this sentiment, highlighting the urgency of the energy transition. “Transitioning to renewable energy is not a choice – it is a necessity,” he said.

The African Development Bank’s flagship programs, such as Desert to Power and Technologies for African Agricultural Transformation, are driving renewable energy adoption and agricultural transformation across Africa.

These initiatives aim to provide access to water, energy, and technology to ensure resilient, sustainable food systems.

As Dr. Laouali Garba, Manager of Agricultural Research, Production and Sustainability at the African Development Bank, noted, “Food security is our top priority. Africa has the potential to feed itself, but only if we provide access to water, energy, and technology.”