04/11/2014
8 Reasons why private sector investment into Africa's agricultural sector is important
• Private sector investment into Africa’s agriculture offers tremendous growth potential to agriculture sector which strengthens food security and economic opportunity on the continent.
• Investing in African agriculture presents a transformational opportunity, working together, to ensure that in years to come Africa that will not only feed itself, but also help to feed the world.
• Investment into Africa’s agriculture helps agriculture in Africa to realize a transformation of small-scale farming on the continent. Increasing the productivity of small farmers and having them well organized and collaborative, to take advantage of supply chains and investments, hence bringing the best results and achieving commendable gains in agricultural productivity
• Private sector investment play an important role in providing support in areas of irrigation, inputs and building commodity markets. However, private sector investment is also essential to avoid over dependence on subsidies.
• Investing in African agriculture much provides the right financing mechanisms to African farmers empowering them for a great success in there agricultural productivity.
• Investment into Africa’s agriculture is important for it is now or in years to come could help lift tens of millions of people out of poverty by 2024.
• Investing in African agriculture helps to assess the achievements and the shortcomings of the last decade. It also presents valuable lessons and policy recommendations, developed in consultation with key stakeholders, which could accelerate the pace of agricultural progress in Africa.
• Private sector investment into Africa’s agriculture in general, enables to accelerate Africa economic growth and reducing poverty. It also deepens domestic financial markets for on-lending to small and medium enterprises, the core of Africa’s private sector development. Investing also improves the investment climate and job opportunities in the continent
