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Download Report KPMG in Nigeria recently launched a report on Nigeria’s Rice Industry. Unveiling photo […]
Increasing urbanisation and population growth have boosted the growth in Nigeria’s fast moving consumer goods […]
Agriculture in Africa Agriculture has the greatest potential to lift the African continent out of poverty […]
Development group Farm Concern International (FCI), in partnership with the Bill and Melinda Gates Foundation, […]
Several African countries are expected to see substantial expansion in their agricultural sectors over the medium to the long term because of an abundance of unexploited arable land, government reform programmes, political stability, public and private investment, and/or improved infrastructure. The East African Community (EAC) has a good share of the top ranking nations in this regard; while Uganda’s expansion is not expected to be so strong over the next five years, Kenya, Mozambique, Rwanda and Tanzania however are all countries with promising prospects in the nearer future.
Africa has vast agricultural potential, but there is a large leap from the current system, dominated by small-scale and subsistence farming, to commercial farming where the benefits of economies of scale can be reaped. Nevertheless, the answer lies not only with commercial farming, but also in reducing the potential that goes to waste with small-scale farmers’ lack of access to stable markets, technology and finance.
For Africa to succeed it is imperative to ensure that fundamental resources are available to farmers to enable them to manage their production process more reliably and at a lower cost. This includes the provision of access to agricultural inputs and services including mechanical tools, seeds and fertilisers, amongst others; secure access to land and water resources; infrastructure, particularly roads, so as to ensure good “farm-to-market” access; pre- and post-harvest support (storage, marketing and value addition); and rural microfinance services, especially microcredit.