2026 ATLAS Investment Barometer

On the occasion of the 2026 Paris Peace Forum Spring Meeting in Rabat, our “Agricultural Transitions Lab for African Solutions” (ATLAS) released its “2026 Barometer” which aims to measure and track investment flows into Africa’s agricultural systems, consolidating and harmonizing data from existing sources.

Key messages and trends

Investing in African agriculture can close ~30-50% of the global SDG gaps e.g.,

• SDG1: 55% of people in poverty are in Africa and dependent on Agriculture
• SDG2: 60% of acute insecure people live in Africa

Yet, investments in African agriculture remain subscale (only 3% of global agriculture investment share)

Overall investment grew modestly from 2019 to 2023 but declined slightly in 2024. At the current pace, it still falls 42% short of the 2030 aspirations:

• Public expenditure: steady growth (6.8% p.a.¹) with a slight decrease in 2024; however, it remains well below the 10% of total public expenditure to agriculture target2, with no country exceeding the threshold
• Development finance: fast growth 2019-24 (10% p.a.), but is expected to decline due to ODA3 cuts in 2025-26
• Private investment: slow decline (-1.2% p.a.), falling to $22Bn in 2024 from a peak of $23Bn in 2019

We remain far from the $100Bn 2030 target requiring a coordinated and urgent scale-up across public, private, and development finance to ensure food security, economic prosperity, and global stability.

Read the 2026 Barometer