Français 简体中文 About Us
Home | China Report | Africa Report | Business | Lifestyle | Services
The Chinese and African Dream
Former President of the Federal Republic of Nigeria Olusegun Obasanjo expounded his understanding of the Chinese dream and its implication for Africa
Current Issue
Cover Story
Table of Contents
Through My Eyes

 

Subscribe Now
From the Editor
Letters
Newsmakers
Media Watch
Pros and Cons
China Report
Africa Report
Exclusives
Nation in Focus
News Roundup
Business
Business Briefs
Business Ease
China Econometer
Company Profile
Lifestyle
Double Take
Spotlight
Science and Technology
Services
Living in China
Fairs&Exhibitions
Learning Chinese
Universities
Measures and Regulations

 

 

 

Media Links
Beijing Review
China.org.cn
China Pictorial
China Today
People's Daily Online
Women of China
Xinhua News Agency
China Daily
China Radio International
CCTV
 
 
 
 
 

 

Africa Report

 

E-mail
Newsletter
  Mobile
News
  Subscribe
Now
 
VOL5 October 2013
Agriculture to the Rescue

EMRC Senior Program Manager, Caterina Giuliano

This October, the AgriBusiness Forum 2013 takesplace inKigali,Rwanda, co-hosted by EMRC, an international non-profit organization that promotes sustainable development in Africa, and the Ministry of Agriculture and Animal Resources of Rwanda. To delve deeper into the role that agribusiness is playing in sustainable and inclusive growth in Africa,ChinAfrica spoke to EMRC Senior Program Manager,Caterina Giuliano. Answers edited for space.

ChinAfrica:  How important is developing Africa's agricultural sector for the continent's economic growth?

Caterina Giuliano:The African continent is fast becoming a major global economic force, with the agricultural sector playing a significant role in this trend. With no less than six of the world's 10 fastest growing economies over the past decade, Africa is attracting increasing investment, reaching $55 billion in 2011. The strategic role of agriculture in Africa's social and economic development cannot be overstated. The sector accounts for 32 percent of the continent's GDP. Agriculture is the backbone of most African economies. It employs around 60 percent of Africa's labor force and as such, inclusive growth in agriculture is key to poverty eradication and sustainable human development in the region. In other words, agriculture is critical for Africa.

This year's theme for the AgriBusiness Forum is "The Agri-Food Sector: A Catalyst for Sustainable and Inclusive Growth in Africa." How can Africa's agri-food sector be made sustainable?

For the agri-food sector to be sustainable there are some key essential policies which must be adhered to. Sustainability also means inclusivity - which means linking small farmers to large farming conglomerates whilst sharing access to markets. In addition, the agri-food sector is not a sector reserved solely for farmers; all the players in the value chain must be taken into account: input suppliers (seed, fertilizer, machinery), services in packaging, processors, marketers, transporters, extension and food services, financiers and others involved in the agribusiness value chain.

What are the current challenges facing Africa in relation to attracting investment into the Agri-Food sector?

For investment to occur there needs to be an active private sector. To have an active private sector there must be a cohesive and favorable business climate. Parallel to this, the most important challenge for governments is how to make growth inclusive, in other words, how to create employment opportunities and ensure that growth benefits all sections of society, especially the poor (at the bottom of the pyramid).

It is common knowledge that Africa's agricultural sector is faced with dramatically low levels of productivity coupled with high rates of post-harvest losses. Once small farmers and farming communities manage to establish stable growth and governments provide sustainable policies for these communities, then investors, be it regional or foreign, will be more inclined to invest. In addition, political stability and sound, corrupt-free institutions are key factors to attract investors.

Investors look at the basics: infrastructure, stability, potential for growth, a trained youth population and disposable income. Without these there is no real incentive to consider real long-term investments.

How can small farmers/women farmers be involved in growing the Agri-Food sector?

I would suggest that looking at (addressing) the lack of access to finance, the lack of access to markets, lack of proper infrastructure such as roads, transport and the lack of access to cost effective appropriate technology should be a top priority.

Small farmers must be included in the larger scale projects and in national and regional agricultural policies. They are the backbone of the agri-food sector. If we cannot understand their needs and if we cannot provide them with basic elements to get their businesses off the ground, then the entire sector will not be able to achieve its full potential. Their exclusion within the value chain will hamper the growth of agriculture.

What needs to be done about African countries trading agricultural products amongst themselves to manage the continent's food security?

One of this year's EMRC Africa Finance & Investment Forum's key focus points was how to increase regional and intra-regional trade within Africa. With intra-regional trade constituting only 11 percent of the continent's total trade flows, there is huge untapped potential which can be realized by continuing to remove trade barriers, and building regional trade blocks, notably by improving infrastructure and reducing restrictions on the movement of goods and services between neighbors and regions. The private sector will be a key driver for these developments. Efforts must also be made in terms of financing and providing adequate inroads for millions of Africans wanting to grow their businesses and trade with each other.CA

 

 

 

 

Africa Report
Embattled Newest Nation
-Climate Relief
-Land Grab Woes
-Bring on the Rain
-Depending on a Diaspora
 
Exclusives
Forging a Dynamic Partnership
-BRICS Means Business
-Cameroon Aims for More Chinese Visitors
-Greening International Relations
-Switch Off Your Lights, Help The Planet
 
Nation in Focus
-November 2010
-September 2010
-June 2010
-May 2010
 
News Roundup
-September 2013
-August 2013
-July 2013
-June 2013
-May 2013

 

 

 

 

Useful Africa Links: Africa Investor | Africa Updates | AllAfrica | Africa Business | ChinaAfrica News | AfricaAsia Business | Irin News |
News From Africa | Africa Science | African Union | People of Africa | African Culture | Fahamu
| About Us | Rss Feeds | Contact Us | Advertising | Subscribe | Make ChinAfrica your Homepage |
Copyright Chinafrica All right reserved 京ICP备08005356号