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All eyes on $1 trillion
- Source: Africa Renewal, Volume 27, Issue 4, Dec 2014, p. 22 - 23
- French
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- 31 Dec 2014
Abstract
Imagine for a moment the impact of a $1 trillion African agribusiness sector on the lives of Africans. Currently worth about $313 billion, the sector already provides jobs for 70% of the poorest people on the continent. An increase greater than threefold will bring jobs to lift millions out of poverty; most stomachs will be filled with nutritious meals; Africa’s agricultural exports will dominate global markets; and the continent’s farmers, who have borne the brunt of harsh economic conditions, will get a new lease of life as they become competitive in the global marketplace.
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