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ARTICLE · 09 APRIL 2019

Agribusiness In Africa, Status And Way Forward

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Agribusiness is a broad concept which covers all actors and stakeholders involved in the agricultural value chain, from input suppliers to agro-processors but also traders, exporters and retailers.

GlobalGovernment, Public Sector

Agribusiness is a broad concept which covers all actors and stakeholders involved in the agricultural value chain, from input suppliers to agro-processors but also traders, exporters and retailers. Hence, agribusiness encompasses both the farming and all other industries and services which constitute the supply chain from farm, through processing, wholesaling and retailing, to the consumer.

As disposable income, living standard, population, urbanization, foreign direct investment and food consumption are on the rise across the African continent, agriculture and agribusiness together are projected to be a US$ 1 trillion industry in Sub-Saharan Africa by 2030 – compared to US$ 313 billion in 2010.

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