The African Development Bank (ADB) President Akinwumi Adesina will on Thursday receive a noble prize for peace, science and literature.
The World Food Prize Board announced President Adesina as the 2017 Laureate in June for this work in improving the availability of seed, fertilizer, and financing for African farmers as well as for laying a foundation for the youth in Africa to engage in agriculture as a profitable business.
This is according to a statement released by APO on behalf of Africa Development Bank.
And according to the statement, Mr. Adesina, as Agriculture and Rural Development Minister in Nigeria introduced the E-Wallet system which brought transparency to fertilizer distribution system which has previously by hampered by corruption for 40 years.
The statement indicates that the ADB president ‘s policies expanded Nigeria’s food production by 21 million metric tons and the country attracted US$ 5.6 billion in private-sector investment, earning him tremendous respect as the farmer’s Minister.
Further, under his leadership, the African Development Bank is accelerating agricultural development through its Feed Africa Strategy with planned investment of US$24 billion over the next ten years.
Also, the statement notes that the goals of the African Development Bank’s Feed Africa Strategy are to help eliminate extreme poverty in Africa by 2015, end hunger and malnutrition in Africa by 2015, make Africa a net food exporter and move the continent to the top of export- oriented global value chains where it has comparative advantage.
Meanwhile, over 1,200 people from more than 65 countries will address cutting-edge issues related to global food security and nutrition at the 2017 Borlaug Dialogue International Symposium scheduled for October 18 to 20, 2017.
And AFDB President Adesina said in the statement as someone who grew out of poverty, his life mission is to lift up millions of people out of poverty especially farmers in rural areas.
The World Food Prize, founded by Nobel Laureate and Norman Borlaug is the foremost international honour recognizing the achievements of individuals who have advanced human development by improving the quality, quantity or availability of food in the world.