Africa Needs More Agribusiness! In Africa, agribusiness and - TopicsExpress

Africa Needs More Agribusiness! In Africa, agribusiness and agro-industries account for more than 30% of national incomes as well as the bulk of export revenues and employment. Scaling up agribusiness could be the next growth frontier. Africa is well endowed and has the markets. But it needs more than good technology policies. Scaling up productivity means tapping water resources for irrigation, providing stable prices, using seeds with better yields, providing basic transport infrastructure, providing incentives for financial institutions to invest in agriculture as much as in commercial farming, and developing a profitable and competitive agribusiness sector. By drawing on lessons from other regions such as Asia, Argentina and Brazil, Africa can turn its fortunes around gradually. Read more at: un.org/africarenewal/magazine/special-edition-agriculture-2014/we-need-more-agribusiness-africa#sthash.ogpD4F6w.dpuf

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