Absa CIB sees genetically modified crops as key to Africa’s food security

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Absa CIB sees genetically modified crops as key to Africa’s food security
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Genetically modified (GM) crops are essential if Africa is to achieve foodsecurity, Roux Wildenboer, Head of Agriculture at Absa’s Corporate and Investment bank, tells The Africa Report. David Whitehouse has the full story: 👉

Agricultural engineer Maximiliano Marzetti points to wheat seeds genetically modified with a strain called HB4, which has a gene that helps it better tolerate drought, inside a laboratory at Bioceres Crop Solutions in Rosario, Argentina July 19, 2022. REUTERS/Agustin Marcarian

Genetically modified crops are essential if Africa is to achieve food security, Roux Wildenboer, head of agriculture at Absa’s corporate and investment bank, tells The Africa Report., have been artificially altered to enhance some of their characteristics. The global acreage of GM crops under cultivation increased from 1.7 million hectares in 1996 to 191.7 million ha in 2019. Africa, where most countries still don’t allow GM crops, played little part in that increase.

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