The recent Africa Agriculture Status Report (AASR) has demonstrated that the power of entrepreneurs and the free market is driving Africa’s economic growth from food production, with the food production in Africa expecting to reach more than US$1 trillion per year by 2030.
The report was launched at African Green Revolution Forum (AGRF).
According to the report, agriculture will be Africa’s quiet revolution, with SMEs and smallholder farmers creating high productivity jobs and sustainable economic growth. More number of jobs has been created in lower paid and less productive services rather than in industry. Planned investments in the food system can created even more employment opportunities, said the report.
Commenting on this year’s report findings, Dr Agnes Kalibata, president of the alliance for a green revolution in Africa (AGRA), said, “Africa has the latent natural resources, skills, human and land capacity to tip the balance of payments and move from importer to exporter by eating food made in Africa. This report shows us that agriculture involving an inclusive transformation that goes beyond the farm to agri-businesses will be Africa’s surest and fastest path to that new level of prosperity.”
Kalibata explained that in order to succeed, Africa requires an approach to link small farms to agribusinesses, creating extended food supply chains and employment opportunities.