Turning African Agriculture into a Business
Africa-Europe business relations in the agriculture and agribusiness sectors are the focus of this OECD report.
Agribusiness remains in its infancy in most sub-Saharan African countries, many of which now pay higher prices for imported food products and struggle to keep inflationary pressures under control. Given the strong long-term prospect for world food prices, the paper argues that increasing food crop productivity should be a top priority. But this requires sizeable investments. Greater involvement of the private sector in designing and implementing such food-crop commercialisation programmes could develop viable local food industries, the authors contend. The continuous and effective support of the international development community is also needed.
Link to:www.oecd.org/dataoecd/58/56/42987772.pdf?contentId=42987773
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