To grow its aquaculture industry and reverse this trend, Africa needs farm-gate investments of US$ 1.8 billion annually to grow its aquaculture industry and curtail fish imports by 2050 under the business-as-usual (BAU) model compared to US$ 11.6 billion under the high aquaculture production scenario. Mobilizing this investment is a daunting challenge. Access to affordable financing has been a historical challenge for most industry players on the continent.

The World Food Prize Foundation's mission is to elevate innovations and inspire action to sustainably increase the quality, quantity, and availability of food for all.  Every year presented in Iowa, this foremost international honor recognizes -- without regard to race, religion, nationality, or political beliefs -- the achievements of individuals who have advanced human development by improving the quality, quantity, or availability of food in the world.

This year’s theme of the FAO SIF will be “Science and Innovation for Climate Action,” which is directly aligned with the overarching World Food Forum‘s (WFF) theme “Agrifood Systems Transformation Accelerates Climate Action.”

FAO SIF 2023 will facilitate sharing experiences and lessons learned on implementing concrete solutions on the ground to step up climate action, supporting Members to accelerate efforts towards achieving the Sustainable Development Goals (SDGs) and the FAO Four Betters, leaving no one behind.

CGIAR is hosting a virtual event to celebrate the publication of the Agriculture Chapter of the Breakthrough Agenda Report 2023. The event will showcase the recommendations of the 2023 report, present a deeper dive into the seven high-potential technologies it covers, and make the case for strengthening international collaborative action in accelerating sustainable progress in agriculture.