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Wednesday, October 18, 2017
AGRIBUSINESS: How to Explore Africa’s Trillion-Dollar Agribusiness Opportunity.
AGRIBUSINESS: How to Explore Africa’s Trillion-Dollar Agribusiness Opportunity. When most people think of agriculture in Africa, images of poor and overworked farmers with crude tools on a rural farm easily come to mind. Many people on the continent, especially young Africans, still think that agribusiness is a poor man’s occupation. It’s no surprise that nowadays everybody wants a white-collar office job in the city.
Agribusiness is hardly on anyone’s mind. But did you know that since 2009, investors from the USA, Europe, Middle East and Asia have been buying and leasing millions of hectares of African land for agribusiness purposes?
AGRIBUSINESS: How to Explore Africa’s Trillion-Dollar Agribusiness Opportunity. If you’re looking into the future, and have nursed a few thoughts about joining the agribusiness revolution on the African continent, this article will serve as a great introduction.
Many people may not know it but there’s a trend of serious land grabbing by foreign interests for African land. Did you also know that Foreign Direct Investment in African agribusiness, which was $10 billion in 2010, is projected to reach $45 billion by 2020? How to Explore Africa’s Trillion-Dollar Agribusiness Opportunity.
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