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African govts vow to slash spend on food imports

Published on October 06, 2015

African  countries have vowed to slash down amount of money spent through food imports by strengthening grain trade in the continent.

This was declared by over 200 delegates from over 20 countries who attended the 6th African Grain Trade Summit held at the Rwandese capital Kigali.

According to Michael Hailu, the director of the Technical Centre for Agricultural and Rural Cooperation (CTA), Africa spends US $40 billion on food imports.

"Why can't Africa, also export that much?" Hailu asked. Read more. Source | New Vision

The summit which drew delegates from  African countries and Europe including; Tanzania, Kenya, Uganda, Burundi, Rwanda, Benin, Togo, Ghana, Malawi, Zambia, Namibia, Nigeria, South Africa, The Netherlands, Singapore, USA and Philippines recommended that structured grain trade in the continent is key in reducing high costs of food imports.