Africa: New investments to lead Africa agri-development

Published 2020년 10월 14일

Tridge summary

The article outlines the potential for Africa to emerge as a competitive force in the global agricultural sector by refreshing its approach to commercial agriculture. It highlights the need for African firms to lead in the transition towards advanced food production, land and water use, and the integration of agri-tech and product tracing. The author stresses the importance of financing and connecting small and large firms to build enduring assets and commercial advantages. They also discuss the benefits of the African Continental Free Trade Area (AfCFTA) in creating a larger internal market, the fading distinction between small-holder and large commercial producers, and the broad acceptance of technology in agriculture.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At a time when the rest of the world is re-thinking its approach to commercial agriculture, Africa has a clear opportunity to refresh its approach to the sector and become an emerging force. Big shifts are already happening in food production, land and water use, and the integration of agri-tech and product tracing. If African firms take an early lead during this transition, they will be well placed to compete globally by building enduring assets and commercial advantages beyond primary production. The financing of new investments in agriculture has always relied on a healthy financial eco-system: active banks, sound insurers and lively futures markets. The next set of gains will come from new platforms that allow small and large firms to connect to each other and to their shared stakeholders. Reciprocal exchange of market data will make smaller, efficient players more visible to large buyers. "Without continued advances in agricultural productivity, the whole project of African ...
Source: All Africa

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