African countries must invest in science and technology if they want to improve the agriculture sector, according to the 2012 Economic report on Africa, launched in Addis Ababa on Tuesday.
According to the report produced by the United Nations Economic Commission for Africa (ECA) and the African Union (AU), “huge investments in innovations are required to improve food production and accelerate economic transformation, partly because of the the solid multiplier effect of agriculture”.
If they want to improve productivity in the sector, African governments are expected to devote further means to research and technology. Innovation in research and technology is a means of transforming African agriculture, the report said.
“The increase of yields…and the enhancement of the efficient use of resources will only be achieved if decisive efforts are made to secure means for them,” the document said.
However, the report highlights that the situation is such that expenses devoted to ariculture are clearly below the 10% rate agreed on by African leaders in 2009 at the Maputo summit. The time devoted to research and technology is also very short, although the economic profitability rate in this area is very high.