Several studies have shown the global increase in food demand by 2050 can be met by increasing yields on existing cropland, but HYPERLINK "http://www.pnas.org/content/early/2016/12/07/1610359113" a new study finds that countries in Africa south of the Sahara likely will be unable to meet growing cereal demand through yield increases alone.
An anticipated 2.5-fold population increase by 2050, combined with income growth, is expected to triple current cereal demand in the region and will require a multi-pronged approach to food security. The study, “ HYPERLINK "http://www.pnas.org/content/early/2016/12/07/1610359113" Can sub-Saharan Africa feed itself,” examined 10 countries in Africa south of the Sahara that jointly make up the majority of population and arable land in the region: Burkina Faso, Ghana, Mali, Niger, Nigeria, Ethiopia, Kenya, Tanzania, Uganda, and Zambia.
The researchers found that cereal yields would need to increase from 20% of their potential to 80% to maintain current levels of self-sufficiency. Even with this increase in yield more farmland would be needed to attain full self-sufficiency, which is in short supply in much of the region. Ensuring food security in the region will therefore still require increased trade and food imports.
“Self-sufficiency is not a goal in itself, as food security can be achieved through a variety of pathways,” said Keith Wiebe, senior research fellow at the International Food Policy Institute and a co-author of the report. “Boosting crop yields is essential and can go a long way to help meet future food demand; but these countries will also need to increase incomes in other sectors of the economy to ensure adequate food supply – be it from domestic production or imported from regions projected to produce a surplus.”
Cereal demand between 2010 and 2050 is expected to increase by 335% in the region, and over 500% in Niger and Zambia. Population growth accounts for three-fourths of these increases. According to the research, each country in the study except Ethiopia and Zambia have populations and demand growing faster than cereal yield increases.
Without significant growth in yields these countries may turn to expanding cropland to feed their growing populations, which would likely be accompanied by biodiversity loss and increased greenhouse gas emissions. If current yield growth rates continue into the future, an additional 97 million hectares would be needed to achieve self-sufficiency. Seven of the 10 countries in the report, however, do not have enough land suitable for agriculture development to support such an expansion.
Noting these environmental concerns, the authors indicated increasing cropping intensity and irrigated production in regions that can support these activities are the more sustainable options. The authors recognized that a nation’s economic growth is often dependent first on economic growth in the agricultural sector, and emphasized the importance of public and private investment in agricultural research and development.
“These countries must innovate to increase crop yields because there simply isn’t enough land to continue farming as usual,” said Daniel Mason-D’Croz, scientist at the International Food Policy Research Institute and co-author of the study. “Technology will be key to feeding the growing populations of this region, and so will be policies that encourage sustainable economic development.”
The International Food Policy Research Institute (IFPRI) seeks sustainable solutions for ending hunger and poverty. IFPRI was established in 1975 to identify and analyze alternative national and international strategies and policies for meeting the food needs of the developing world, with particular emphasis on low-income countries and on the poorer groups in those countries.
This week Minister of Finance & Economic Development, Dr Thapelo Matsheka approached parliament seeking lawmakers approval of Government’s intention to increase bond program ceiling from the current P15 Billion to P30 billion.
“I stand to request this honorable house to authorize increase in bond issuance program from the current P15 billion to P30 billion,” Dr Matsheka said. He explained that due to the halt in economic growth occasioned by COVID-19 pandemic government had to revisit options for funding the national budget, particularly for the second half of the National Development Plan (NDP) 11.
Botswana Stock Exchange (BSE) has this week revealed a gloomy picture of diamond mining newcomer, Lucara, with its stock devaluated and its entire business affected by the COVID-19 pandemic.
A BSE survey for a period between 1st January to 31st August 2020 — recording the second half of the year, the third quarter of the year and five months of coronavirus in Botswana — shows that the Domestic Company Index (DCI) depreciated by 5.9 percent.
Botswana Diamond PLC, a diamond exploration company trading on both London Stock Exchange Alternative Investment Market (AIM) and Botswana Stock Exchange (BSE) on Monday unlocked value from its shares to raise capital for its ongoing exploration works in Botswana and South Africa.
A statement from the company this week reveals that the placing was with existing and new investors to raise £300,000 via the issue of 50,000,000 new ordinary shares at a placing price of 0.6p per Placing Share.
Each Placing Share, according to Botswana Diamond Executives has one warrant attached with the right to subscribe for one new ordinary share at 0.6p per new ordinary share for a period of two years from, 7th September 2020, being the date of the Placing Warrants issue.
In a statement Chairman of Botswana Diamonds, John Teeling explained that the funds raised will be used to fund ongoing exploration activities during the current year in Botswana and South Africa, and to provide additional working capital for the Company.
The company is currently drilling kimberlite M8 on the Marsfontein licence in South Africa and has generated further kimberlite targets which will be drilled on the adjacent Thorny River concession.
In Botswana, the funds will be focused on commercializing the KX36 project following the recent acquisition of Sekaka Diamonds from Petra Diamonds. This will include finalizing a work programme to upgrade the grades and diamond value of the kimberlite pipe as well as investigating innovative mining options.
Drilling is planned for the adjacent Sunland Minerals property and following further assessment of the comprehensive Sekaka database more drilling targets are likely. “This is a very active and exciting time for Botswana Diamonds. We are drilling the very promising M8 kimberlite at Marsfontein and further drilling is likely on targets identified on the adjacent Thorny River ground,” he said.
The company Board Chair further noted, “We have a number of active projects. The recently acquired KX36 diamond resource in the Kalahari offers great potential. While awaiting final approvals from the Botswana authorities some of the funds raised will be used to detail the works we will do to refine grade, size distribution and value per carat.”
In addition BOD said the Placing Shares will rank pari passu with the Company’s existing ordinary shares. Application will be made for the Placing Shares to be admitted to trading on AIM and it is expected that such admission will become effective on or around 23 September 2020.
Last month Botswana Diamond announced that it has entered into agreement with global miner Petra Diamonds to acquire the latter’s exploration assets in Botswana. Key to these assets, housed under Sekaka Diamonds, 100 % subsidiary of Petra is the KX36 Diamond discovery, a high grade ore Kimberlite pipe located in the CKGR, considered Botswana’s next diamond glory after the magnificent Orapa and prolific Jwaneng Mines.
The acquisition entailed two adjacent Prospecting Licences and a diamond processing plant. Sekaka has been Petra’s exploration vehicle in Botswana for year and holds three Prospecting Licenses in the Central Kalahari Game Reserve (Kalahari) PL169/2019, PL058/2007 and PL224/2007, which includes the high grade KX36 kimberlite pipe.