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Agriculture is the way out for Africa – Rockefeller Foundation

September 10th, 2018 / MoneyWeb, South Africa

Africa spent about $35 billion on food imports in 2016, and projections show that if left unchecked, the continent’s food import bill could to surge to $110 billion by 2025.
It’s a perplexing situation, given the continent’s stature as home to 50% of the world’s cultivatable land. How can the continent …

Young, rich and ambitious: Nigeria’s ‘gentleman farmers’

July 24th, 2018 / ENCA.com

“Opportunities in agriculture are beyond the imagination,” said Buffy Okeke-Ojiudu, the proud owner of a 200-hectare (495-acre) palm oil plantation in the southeast.
“The future billionaires in Nigeria will be people investing in agriculture, tech and renewable energy, which are sectors that can create employment, not like the oil sector,” said …

Six ways Africa can unlock its agricultural potential

May 22nd, 2018 / How we made Africa

Agriculture holds the key to broad-based economic growth, poverty reduction and food security in sub-Saharan Africa. This is according to Deutsche Bank senior analyst Claire Schaffnit-Chatterjee, in her report on agriculture for the bank. Read this excerpt that looks at how sub-Saharan Africa can unlock its agricultural potential.” Read …

Crop protection companies making strides in Africa

April 18th, 2018 / IEG Policy

Africa is making steady progress towards agricultural transformation. Over the past decade there has been a dramatic change in different countries and various localities. There is a noticeable upward shift in expenditure on agriculture by national governments in African countries.
Many countries have reaffirmed their commitment to prioritizing agriculture in their …

Adesina urges America to support African agriculture as a business

February 23rd, 2018 / AfricanBrains

“I do not seek aid for Africa. I seek investments in Africa,” said the President of the African Development Bank, Dr. Akinwumi Adesina in making a strong case for increased American and global investments to help unlock Africa’s agriculture potential.
He made the remarks as the Distinguished Guest Speaker, at the …

Can Akinwumi Adesina save Africa?

October 30th, 2017 / Ynaija.com, Nigeria

At the AfDB, Adesina has been quite the busy bee, coming up, together with his team, and presenting the High Fives Initiative to tackle power, agriculture, industrialisation and integration amongst others. His simplified plan is a three-step approach. In his opinion, Africa has to learn to feed itself, then industrialisation …

Akinwumi Adesina on investing in Africa

October 17th, 2017 / World Policy

“First and foremost, the most influential challenge that Africa faces is infrastructure, and on top of that agenda is electricity. Today, we have 645 million people in Africa who don’t have access to electricity, and there’s no way that a continent like Africa can develop in the dark. Electricity can …

Tanzania unveils mega sugarcane production project

October 6th, 2017 / The East African

Two pension schemes in Tanzania have ventured into sugarcane farming to address the current shortage of sugar in the country.
The National Social Security Fund and the PPF Pensions Fund recently launched the 12,000-acre Mbigiri Farm and the 63,000-acre Mkulazi Farm in Morogoro region of eastern Tanzania.
The schemes have also established …

African agricultural land becoming more attractive to investors

September 28th, 2017 / Fresh Plaza

In recent years investors have started discovering the potential of agriculture more and more. Especially Africa is interesting to these investors. That’s partly due to the enormous amount of agricultural land available, according to the FAO sub-saharan Africa has 90 million hectares of arable land available. Only 25 percent of …

Smallholder farmers are investable

August 9th, 2017 / Impact Alpha

Inclusive agriculture is defined as agricultural markets and value chains that are inclusive of the world’s half-billion smallholder farmers. Such models link these farmers with larger economic actors, ultimately improving agricultural productivity, expanding markets and trade, and increasing the economic resilience of vulnerable rural communities.
A recent review by the Initiative …

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