The ongoing Iran war is threatening food security in Africa, particularly impacting the continent’s most vulnerable populations. As fertiliser prices skyrocket—up by 60% to 70% since the conflict began—food shortages loom on the horizon.
Recent reports indicate that Africa, despite its agricultural potential, remains heavily reliant on food imports. Approximately 35% of the world’s urea supply comes from Gulf states, and disruptions in ammonia supplies due to the war have severely affected fertiliser production. This situation has left nations like Ethiopia and Kenya particularly exposed to fluctuations in nitrogenous fertilisers.
Key statistics:
- The price of urea has surged by 60% to 70% since the onset of the Iran war.
- The EU announced grant aid of up to €50,000 for farmers impacted by these developments.
- Africa is a major food importer, despite being well-positioned to produce its own food.
Svein Tore Holsether, CEO of Yara International—the world’s largest fertiliser company—has raised alarms about a potential global auction for fertiliser. He stated, “The most important thing we can do now is raise the alarm on what we are seeing right now – that there is a risk of a global auction on fertiliser that means it becomes unaffordable for those most vulnerable.” His comments suggest a dire need for immediate action.
As farmers face increasing costs and diminishing returns, many are reconsidering their livelihoods. One individual lamented, “Farming only leads to financial losses. I’d rather work as a day labourer and earn 100 to 200 baht a day just to get by.” This sentiment reflects a broader crisis brewing among agricultural workers across sub-Saharan Africa.
The implications are staggering. If the situation continues unabated, we could witness widespread food insecurity affecting millions. S&P Global has reported significant challenges within food supply chains stemming from fuel and fertiliser restrictions due to the ongoing conflict.
In light of these developments, stakeholders must address this escalating crisis before it spirals further out of control. The response from governments and international organizations will be crucial as they navigate this complex landscape.