Sunday, June 15, 2025
23.8 C
Lagos

Akinwumi Adesina: Leading Agricultural Innovation and Economic Growth of Africa

As an agricultural economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at improving the lives of millions currently living in poverty, throughout the African continent.

The Sunhak Committee acknowledges Dr. Akinwumi Adesina’s achievements in promoting Good Governance of Africa, which boosts Africa’s capacity to feed itself and transform its total economies for generating wealth for millions of rural and poor African farmers.
At the Cape Town International Convention Center, the Sunhak Peace Prize Committee announcedthat the 2019 Laureates for the Sunhak Peace Prize would be Waris Dirie, 53 year-old world-class supermodel and anti-FGM activist, and Dr. Akinwumi Ayodeji Adesina, 58 year-old president of the African Development Bank Group.
Dr. Akinwumi Adesina has been a leader in agricultural innovation in Africa for over 30 years, bringing great improvement to Africa’s food security. contributing to Africa’s dynamic growth. His leadership is building stepping-stones for Africa’s dynamic growth.
Dr. Akinwumi Adesina pioneered major transformations in the agricultural field, including expanding rice production by introducing high yielding technologies, designing and implementing policies to support farmers’ access to technologies at scale, increasing the availability of credit for millions of smallholder farmers, attracting private investments for the agricultural sector, rooting out the corrupt elements in the fertilizer industry, and assisting in establishment of major agricultural policies for Africa’s green revolution.
The “Africa Fertilizer Summit,” which he organized in 2006, was one of the largest high-level meetings in Africa’s history that had a focus on solving Africa’s food issues. During this Summit, Dr. Adesina was instrumental in developing the “Abuja Declaration on Fertilizer for the African Green Revolution,” whereby the participants stated their commitment to the “eradication of hunger in Africa, by 2030.”
Dr. Adesina worked with various banks and international NGOs in order to create an innovative financing system, providing loans to small farmers, providing a way for them to rise out of poverty. This move leveraged $100 million in loans and provided opportunities for small farmers to increase their agricultural productivity, and their income.
Dr. Akinwumi Adesina currently serves as the president of the African Development Bank Group which plays a central role in Africa’s development. As an “economic commander” of Africa, he promotes the “High 5 Strategy” that includes: light up and power Africa, feed Africa, industrialize Africa, integrate Africa and improve the quality of life for the people of Africa. As a result of his work, the lives of millions of people throughout Africa have been improved.
Chairman of the Sunhak Peace Prize Committee, Dr. Il Sik Hong, stated that “the Sunhak Peace Prize was established based upon the vision of “One Family Under God.” The 2019 Sunhak Peace Prize gives special attention to peace and human development in Africa.”
Dr. Hong added “in order for us to build an era of peace and coexistence in the 21st century, we want to encourage continuous development in Africa. Africa is a rising star and its growth will contribute global progress and development throughout the 21st century.”
The Sunhak Peace Prize honors individuals and organizations who have made significant contributions to the peace and the welfare of the future generations. The Sunhak Peace Prize includes a cash prize totaling one million dollars. The 2019 Sunhak Peace Prize Award Ceremony will take place in February, 2019 in Seoul, Korea.

spot_img
spot_img
spot_img

Hot this week

NGX Group Chaiman, Umaru Kwairanga, Extols China-Africa Trade Expo 2025

By Umaru Kwairanga It is an honour and a privilege...

Sterling Bank Floats N2bn Private University Scholarships for Young Nigerians

Nigeria’s most forward-looking financial institution, Sterling Bank, has announced...

Emirates SkyCargo Bolsters Connectivity between Europe, Global Network

Emirates SkyCargo, the cargo arm of the world’s largest...

NCC, Stakeholders Tackle Rural Connectivity Challenges

The Nigerian Communications Commission (NCC) has collaborated with the...

CBN Debunks Report on BDC Recapitalisation Deadline

The Central Bank of Nigeria (CBN) has debunked a...

Topics

Airlines Target 3.8bn Passengers, $2.4tr Revenue in 2O16

The International Air Transport Association (IATA) welcomed partnerships among...

African Airlines Record 8% Passenger Rise in September

The International Air Transport Association (IATA) announced global passenger...

Sovereign Trust Insurance Catch-Them-Young Initiative Berths at Igbobi College

L-R: Adeleye Abolade, Political Consultant and Facilitator; Adetona Elizabeth,...

Saudi Arabia Bans Foreigners from Selling Mobile Phones

Saudi Arabia's government has passed a decree banning foreign...

IATA: Time to Prepare for COVID-19 Vaccine Air Transport is Now

The International Air Transport Association (IATA) urged governments to...

Financial Inclusion and The Rise of Payment

By Elvis Eromosele Technology is an almost indispensable part of...

Verve, Adidas Renew Partnership towards Africa’s Biggest Fitness Party, VerveLife 7.0

Verve, Africa’s leading domestic payments card and token brand,...

Bosch, P&G, Maersk Boost FDI in Nigeria with $3bn

Procter & Gamble, AP Moeller-Maersk A/S, the world's largest shipping container line, and German company, Bosch have announced plans to increase their investments in Nigeria as they seek to expand their operations. Procter and Gamble recently invested an additional $300 million for the expansion of its manufacturing plant in Agbara Industrial estate in Ogun State. P&G’s President for India, Middle East &Africa, Mohammed Samir, said the company’s commitment to growth and development of Nigeria is reflected in its continued investment in the country.
spot_img

Related Articles

Popular Categories

spot_imgspot_img