Posts Tagged ‘agriculture’
Young men and women from the countryside do not want to stay and work in the agriculture sector.
While other executives relax on the golf course, Jacques Taylor spends time on his farm.
Nigeria is successfully leveraging agriculture’s economic potential.
When Nigeria announced recently that it had become Africa’s biggest economy, you could be forgiven for thinking that oil was the only reason.
Better farming methods and political commitment are ways to improve the agricultural industry.
“There are consumers who are now more aware of the sustainability of their food.”
The growth of supermarkets and restaurant chains across Africa is opening up opportunities for farmers and entrepreneurs.
“We want to industrialise agriculture and make it to be a major revenue earner for us,” says Nigeria’s farming minister Akinwunmi Adesina.
Eleni Gabre-Madhin, founder of the Ethiopia Commodity Exchange, is now aiming for bigger things.
One of the economies that is eyeing Africa’s agricultural potential is the United Arab Emirates.
“Agricultural hubs are the best way to pull together funding, technology and expertise to help countries organise production.”
“There is a real opportunity to build a business in order to serve the growing local market,” says Riaz Currimjee, partner of Surya Capital.
Africa’s agricultural market could reach $1 trillion over the next two decades.
About three out of four households report to have agriculture as their main activity. Even urban households are still involved in crop production.
A key driver of foreign investment in land, food security is a challenge mankind has been confronted with in various times and places.