Olam Agri Harps on Making Africa Net food Exporter

The Olam Agri has spotlighted the enormous potential within the African food value chain that could make the continent a net food exporter.

Head of Olam Agri’s Nigeria Operations, Mr. Anil Nair, disclosed this during the Market Access Africa Conference (MAAC) that was organised last week in Lagos by the African Agri Council (AAC).

Nair emphasised that Africa’s food trade deficit could be offset by improving crop yields across the continent.

He pointed out that despite Africa’s substantial share of global arable land, the continent’s current crop yield falls below the global average, noting that Africa possesses vast uncultivated lands that could be better utilised.

Nair explained, “Africa has 18 per cent of the world’s arable land and 18 per cent of the world’s population.   

“With a total land mass of 3 billion hectares, 253 million hectares are arable, of which 203 million are used for crop production, leaving 50 million hectares available for cultivation as temporary fallow lands and temporary meadows and pastures.”

He added: “On these 203 million hectares of cropped land, Africa produces approximately 250 million tons of cereals and coarse grains, including Maize (92 million tons), Sorghum (29 million tons), Millet (15 million tons), Rice (39 million tons), Wheat (27 million tons), Barley (6 million tons), and Teff (6 million tons).

“In addition to cereals, Africa grows significant quantities of tubers such as Cassava (208 million tons), Yam (86 million tons), Potato (27 million tons), and Sweet Potato (29 million tons).”

Nair maintained that Africa should not be a net food importer, citing strong crop varieties but pointed out that low crop yields are among several factors hindering higher agricultural productivity on the continent.

He said: “Africa’s crop yields are significantly lower than the world averages. The average cereal yield in Africa is just 1.6 tons per hectare compared to the global average of 4 tons per hectare, which is 60 per cent less.”

  • Related Posts

    Beta Glass Q3 pre-tax profit hits N12.71 billion, nine-month profit more than doubles 

    Beta Glass Plc has published its unaudited financial statements for the period ended September 30, 2025, reporting a Q3 pre-tax profit of N12.71 billion, up 109.4% year-on-year from N6.07 billion.  The post Beta Glass Q3 pre-tax profit hits N12.71 billion, nine-month profit more than doubles  appeared first on Nairametrics.

    LG expands AI Ecosystem: From Smart TVs to connected home experiences 

    LG Electronics Nigeria reaffirmed its leadership in innovation with the successful hosting of the LG Smart TV AI Press Conference, themed “From Smart Devices to Smart Living – The Age of Automation. The post LG expands AI Ecosystem: From Smart TVs to connected home experiences  appeared first on Nairametrics.

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Beta Glass Q3 pre-tax profit hits N12.71 billion, nine-month profit more than doubles 

    Beta Glass Q3 pre-tax profit hits N12.71 billion, nine-month profit more than doubles 

    LG expands AI Ecosystem: From Smart TVs to connected home experiences 

    LG expands AI Ecosystem: From Smart TVs to connected home experiences 

    Zenith Bank’s gross earnings surge 16% To N3.4tn, as PBT hits N917.4bn in Q3 2025

    Zenith Bank’s gross earnings surge 16% To N3.4tn, as PBT hits N917.4bn in Q3 2025

    Africa Plus partners Nigeria Limited earns dual rating upgrades from Agusto & Co. and DataPro Limited, cementing market leadership 

    Africa Plus partners Nigeria Limited earns dual rating upgrades from Agusto & Co. and DataPro Limited, cementing market leadership 

    15% Fuel Import Duty: PETROAN urges regulators to prevent monopoly in oil market

    15% Fuel Import Duty: PETROAN urges regulators to prevent monopoly in oil market

    Oramah’s legacy: How Afreximbank’s visionary leader redefined Africa’s trade and development 

    Oramah’s legacy: How Afreximbank’s visionary leader redefined Africa’s trade and development 

    Nigeria’s FX utilisation for foreign education, medical tourism falls by 66% in Q1 2025 

    Nigeria’s FX utilisation for foreign education, medical tourism falls by 66% in Q1 2025 

    Nigeria seeks fresh $1 billion World Bank loan to boost jobs, investment 

    Nigeria seeks fresh $1 billion World Bank loan to boost jobs, investment 

    Dangote Sugar swings to N13.3 billion Q3 profit, trims nine-month loss 

    Dangote Sugar swings to N13.3 billion Q3 profit, trims nine-month loss 

    Access Holdings reports N616 billion pre-tax profit in 9M 2025, up 10.4% 

    Access Holdings reports N616 billion pre-tax profit in 9M 2025, up 10.4% 

    10 countries with the highest inflation globally as of 2025 

    10 countries with the highest inflation globally as of 2025 

    NERC urges FG to redirect $2 billion REA fund to industrial power

    NERC urges FG to redirect $2 billion REA fund to industrial power

    15% Off Dyson Promo Codes | November 2025

    15% Off Dyson Promo Codes | November 2025

    30% Off Samsung Promo Code | November 2025

    30% Off Samsung Promo Code | November 2025

    How to Hack a Poker Game

    How to Hack a Poker Game

    Elon Musk and the Trump Administration Really Don’t Get Tolkien

    Elon Musk and the Trump Administration Really Don’t Get Tolkien

    What Type of Mattress Is Right for You? (2025)

    What Type of Mattress Is Right for You? (2025)

    Guillermo del Toro Hopes He’s Dead Before AI Art Goes Mainstream

    Guillermo del Toro Hopes He’s Dead Before AI Art Goes Mainstream

    The Best Mattresses for Stomach Sleepers, According to a Sleep Science Coach (2025)

    The Best Mattresses for Stomach Sleepers, According to a Sleep Science Coach (2025)

    What Hellen Obiri Packs to Run the NYC Marathon 2025

    What Hellen Obiri Packs to Run the NYC Marathon 2025

    Epson EcoTank ET-2980 Printer Review: Topped Up

    Epson EcoTank ET-2980 Printer Review: Topped Up

    How Do Metal Detectors Work?

    How Do Metal Detectors Work?

    Giant Home Depot Skeletons Are on Crazy Sale Right Now (2025)

    FirstHoldco reports N566.54 billion 9-month pre-tax profit as Q3 performance strengthens 

    FirstHoldco reports N566.54 billion 9-month pre-tax profit as Q3 performance strengthens 

    Presidency says 15% import duty on petrol will favour local refineries, moderate prices

    Presidency says 15% import duty on petrol will favour local refineries, moderate prices

    Agentic AI to reshape global banking as customer adoption accelerates – Report 

    Agentic AI to reshape global banking as customer adoption accelerates – Report 

    NIPOST launches online customs duty payment portal to boost operational efficiency

    NIPOST launches online customs duty payment portal to boost operational efficiency

    Moniepoint introduces Nigeria’s first informal economy AI chatbot

    Moniepoint introduces Nigeria’s first informal economy AI chatbot

    Otedola pledges N4 billion for completion of Augustine University’s Engineering Faculty

    Otedola pledges N4 billion for completion of Augustine University’s Engineering Faculty

    Bitcoin shows classic signs of market peak 

    Bitcoin shows classic signs of market peak 

    Lagos rent surges over 80% as tenants battle housing shortage 

    Lagos rent surges over 80% as tenants battle housing shortage 

    NGX Group reports N5.7 billion Q3 2025 profit, declares interim dividend 

    NGX Group reports N5.7 billion Q3 2025 profit, declares interim dividend 

    Axa Mansard’s pre-tax profit declines by 82.30% to N6 billion in 9 months of 2025  

    Axa Mansard’s pre-tax profit declines by 82.30% to N6 billion in 9 months of 2025  

    Top 10 airlines in Africa by one-way departing seats in October 2025 

    Top 10 airlines in Africa by one-way departing seats in October 2025 

    WhatsApp introduces passkey support for encrypted backups 

    WhatsApp introduces passkey support for encrypted backups 

    FG begins disbursement to 9,000 tertiary staff under TISSF scheme

    FG begins disbursement to 9,000 tertiary staff under TISSF scheme