President of African Development Bank Wins 2017 World Food Prize

Dr. Akinwumi Adesina, President of the African Development Bank, was announced today as the 2017 World Food Prize Laureate at a ceremony at the U.S. Department of Agriculture.  

U.S. Secretary of Agriculture Hon. Sonny Perdue gave keynote remarks and applauded the selection. 

Awarded by the World Food Prize Foundation, the $250,000 prize honors Nigerian Dr. Adesina for his leading role over the past two decades in: significantly expanding food production in Nigeria; introducing initiatives to exponentially increase the availability of credit for smallholder farmers across the African continent; and galvanizing the political will to transform African agriculture.

“The selection of President Akinwumi Adesina as the 2017 World Food Prize Laureate reflects both his breakthrough achievements as Minister of Agriculture of Nigeria and his critical role in the development of the Alliance for a Green Revolution in Africa (AGRA). It also gives further impetus to his profound vision for enhancing nutrition, uplifting smallholder farmers, and inspiring the next generation of Africans as they confront the challenges of the 21st century,” said Ambassador Kenneth Quinn, President of the World Food Prize Foundation, in making public President Adesina’s name.  

Drawn to action, Dr. Adesina: in his role with the Rockefeller Foundation organized the 2006 Africa Fertilizer Summit; led a major expansion of commercial bank lending to farmers as Vice President of AGRA; and, as Minister of Agriculture in Nigeria, introduced the E-Wallet system, which broke the back of corrupt elements that had controlled the fertilizer distribution system for 40 years.

His policies expanded Nigeria’s food production by 21 million metric tons, and the country attracted $5.6 billion in private sector investments in agriculture - earning him the reputation as the “farmer’s Minister.”

“As someone who grew out of poverty, I know that poverty is not pretty,” said Dr. Adesina. “My life mission is to lift up millions of people out of poverty, especially farmers in rural areas of Africa. We must give hope and turn agriculture into a business all across Africa to create wealth for African economies. The World Food Prize gives me an even greater global platform to make that future happen much faster for Africa.”

In 2006, as Associate Director for Food Security at the Rockefeller Foundation, Dr. Adesina played a critical leadership role in organizing the Africa Fertilizer Summit, which took place in Abuja, Nigeria. World Food Prize Foundation founder and Nobel Peace Prize recipient Dr. Norman Borlaug hailed this event as absolutely essential in igniting the campaign to spread a new Green Revolution across Africa, which led to the creation of AGRA. 

While at AGRA, Dr. Adesina developed partnerships with the International Fund for Agricultural Development, the U.S. Millennium Challenge Corporation and the Kilimo Trust to provide loans to tens of thousands of smallholder farmers and the agribusinesses that support them in Kenya, Tanzania, Uganda, Ghana and Mozambique. 

As Nigeria’s Minister of Agriculture from 2011 to 2015, Adesina successfully transformed his country’s agriculture sector through bold reforms, including creating programs to make Nigeria self-sufficient in rice production, and to help cassava become a major cash crop. 

President Adesina also took major steps to end over 40 years of corruption in the fertilizer and seed sectors in Nigeria by launching the E-Wallet system, directly providing farmers with vouchers redeemable for inputs using mobile phones. The resulting increased farm yields have led to the improvement of food security for 40 million people in rural farm households.

“An Africa that can feed itself – it’s a big vision,” said Dr. Adesina as he assumed the presidency of the African Development Bank. “Ten years is a sufficient amount of time to do that. It will require political will. It will require a lot of resources, a lot of commitment from private sector. But I think we have set the direction, and we’ve put the stakes in the ground. That one is critical. And I can’t forget what Norman Borlaug used to tell me. ‘Akin, go score some goals for African Agriculture.’”

“Dr. Adesina's inspirational leadership, during one of the most critical moments in Africa's history, provides a perfect centerpiece for the theme of our Borlaug Dialogue International Symposium in October: The Road out of Poverty,” said Quinn.

ABOUT THE WORLD FOOD PRIZE: The World Food Prize is the foremost international award recognizing the achievements of individuals who have advanced human development by improving the quality, quantity or availability of food in the world. The Prize was founded in 1986 by Dr. Norman E. Borlaug, recipient of the 1970 Nobel Peace Prize. Since then, the World Food Prize has honored 45 outstanding individuals who have made vital contributions throughout the world. The World Food Prize annually hosts the Borlaug Dialogue international symposium and a variety of youth education programs to help further the discussion on cutting-edge global food security issues and inspire the next generation to end hunger. 

ABOUT DR. ADESINA: Dr. Adesina and his wife, Grace, have two adult children Rotimi and Segun.

EDUCATION:

1988 PhD Agricultural Economics, Purdue University
1985 MSc Agricultural Economics, Purdue University
1981 Bachelors of Agriculture, University of Ife, Nigeria

MULTIMEDIA: 
A video of the ceremony will be made available at https://www.facebook.com/USDA/ after the conclusion of the event. 

Images of the event will be available at https://www.flickr.com/photos/theworldfoodprize/albums within 24 hours following the event.

Press Contact: 
Nicole Barreca, Director of Communications and Events 
515.245.3735 (direct), 563.271.2995 (cell), or nbarreca@worldfoodprize.org

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