A transition to a bio-based economy can accelerate the kind of growth in productivity that is crucial to improving food security and nutrition, and which contributes to rural development and overall economic growth. A bioeconomy also has positive benefits that go beyond just the food system; it draws together inputs, expertise, and skills from a broad range of sectors and industries such as energy, education, research, science and technology, environment and forestry, land, and industry.
This report by the Malabo Montpellier Panel shows that countries in Africa can leverage their knowledge and biological resources to develop sustainable bioeconomies to provide products, processes, and services that optimize social, economic, and environmental benefits and achieve societal prosperity. Some African countries have initiated the development of a bioeconomy to a varying extent to harness the potential benefits. Four of those: Ghana, Namibia, South Africa, and Uganda, are featured in this report to present a consolidated evaluation of their endeavors. With this report on the policy innovations and opportunities of a bioeconomy development for Africa, the Malabo Montpellier Panel draws attention to fields of innovations that are rapidly evolving worldwide, and where Africa is well-positioned to create its own unique approach.