South Africa’s economic growth is curbed by energy shortages, lower commodity prices and global uncertainty, according to report by rating agency, Moody’s.
Africa’s seed industry is currently dominated by local start-ups and they are well positioned to promote food security and improve livelihoods among marginalised rural communities. However, better access to credit, research facilities and human resources are necessary for the industry to achieve its full potential, writes Prof. Calestous Juma of Harvard University. This article originally appeared in the Conversation.
Agriculture averages 24% of the GDP across the African continent and the World Bank projects that the agribusiness sector will grow to US$1tr by 2030. but there are a number of lessons Africa can learn from China when it comes to achieving this outcome, writes Calestous Juma of Harvard University. This article originally appeared in The Conversation.
Africa is becoming an increasingly attractive hub for foreign investors, resulting in a positive environment for the agribusiness. Agribusiness CEOs are very positive towards the possibility of expansion into African countries outside their own, with 72.7% indicating that they would pursue such opportunities, according to a survey by PwC.