Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    AN OPEN LETTER FROM ROBERT STRYK TO PRESIDENT VLADIMIR PUTIN

    August 24, 2026

    Alibaba secures HK$80 billion to fund AI and cloud expansion efforts

    August 24, 2026

    South Korea Initiates First Commercial Container Ship Trial via Arctic Route, Covering 13,000 Kilometers

    August 24, 2026
    Somalia Daily News: Somalia’s news, every day in context.Somalia Daily News: Somalia’s news, every day in context.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Somalia Daily News: Somalia’s news, every day in context.Somalia Daily News: Somalia’s news, every day in context.
    Home » World Bank sees 5m jobs from MENAAP agrifood reform
    Business

    World Bank sees 5m jobs from MENAAP agrifood reform

    June 30, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    WASHINGTON / MENA Newswire / – The World Bank Group said the Middle East, North Africa, Afghanistan and Pakistan region needs higher investment in water-efficient irrigation and agricultural innovation to strengthen food security. Its new report, Building Food Security, Creating Jobs, links food systems, nutrition, water use and employment across a region facing rising demand and tight natural resources.

    World Bank sees 5m jobs from MENAAP agrifood reform
    MENAAP food security efforts focus on irrigation, nutrition and agrifood jobs.

    The report says 18 percent of people in the region face some level of food insecurity. It also says 42 percent cannot afford a nutritious diet. Food demand across the region will rise 67 percent by 2050, according to the report. Conflict remains the chief cause of outright hunger, while food affordability and poor nutrition affect a wider share of households.

    The report estimates that ambitious investment and business climate reform can add 5 million jobs by 2050. Agrifood systems already support about 63 million jobs across the region. That equals nearly three in ten workers. The sector includes farms, processing, transport, storage, logistics, trade, retail and food services that move food from producers to consumers.

    Water pressure drives investment need

    The report says the region needs US$12 billion in additional annual investment for water-efficient irrigation and agricultural innovation. It says coherent policy reforms must support that spending. The measures would target higher domestic food supply, better resource use and stronger farming systems. Agriculture accounts for 87 percent of water use in the world’s most water-stressed region.

    The investment estimate covers a region where groundwater pressure remains a central constraint. The report says the planned measures could more than double fruit and vegetable production by 2050. It also says cereal yields could rise 72 percent over the same period. These estimates rely on investment, innovation and reforms that improve irrigation and farm productivity.

    Food systems extend beyond farms

    The report highlights food loss and waste as a major challenge. It says nearly one-third of food is lost or wasted from farm to consumer. Better logistics, storage and consumer incentives can reduce those losses. The report says such steps can conserve scarce resources, lower fiscal pressure and improve access to healthier food.

    The World Bank said resilient trade, better public spending and private capital can help reshape agrifood systems. It also linked the work to AgriConnect, a global initiative focused on smallholders, jobs and food security. The report says jobs in processing, logistics and food services are growing at twice the global rate, even as on-farm employment declines.

    Related Posts

    Alibaba secures HK$80 billion to fund AI and cloud expansion efforts

    August 24, 2026

    South Korea Initiates First Commercial Container Ship Trial via Arctic Route, Covering 13,000 Kilometers

    August 24, 2026

    New Taipei’s Tech Ecosystem Leaps into the Middle East: 20 Companies to Showcase at LEAP 2026

    August 23, 2026

    Egypt’s Central Bank Maintains 19%-20% Interest Rate Stability for Fourth Consecutive Meeting

    August 21, 2026

    Japan’s Trade Hits New Heights with Imports Surpassing Exports in July 2026

    August 21, 2026

    Wall Street Gains Driven by Drop in Long-Term Yields and Healthcare Surge of 2023

    August 20, 2026
    Latest News

    Alibaba secures HK$80 billion to fund AI and cloud expansion efforts

    August 24, 2026

    Alibaba Group has announced the pricing of an HK$80 billion share issuance as part of its strategy to boost investments in artificial intelligence and cloud technology infrastructure. The Chinese tech giant will distribute 710 million new ordinary shares at HK$112.70 each, valuing the offering at approximately US$10.2 billion based on current exchange rates. The company expects the deal to close on Aug. 26, subject to standard closing conditions. The funds raised are earmarked for expanding its AI operations.

    South Korea Initiates First Commercial Container Ship Trial via Arctic Route, Covering 13,000 Kilometers

    August 24, 2026

    Nearly 22,000 Pakistanis Sent Back from Gulf Countries in Four-Month Period

    August 22, 2026

    DR Congo Receives 70,000 Ebola Vaccine Doses Amid Growing Outbreak

    August 21, 2026

    Egypt’s Central Bank Maintains 19%-20% Interest Rate Stability for Fourth Consecutive Meeting

    August 21, 2026

    70,000 Ebola Vaccine Doses Secured by DR Congo to Combat Outbreak

    August 21, 2026

    Japan’s Trade Hits New Heights with Imports Surpassing Exports in July 2026

    August 21, 2026

    Wall Street Gains Driven by Drop in Long-Term Yields and Healthcare Surge of 2023

    August 20, 2026
    © 2026 Somalia Daily News | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.