Food scarcity is not a new phenomenon. Food imports into Africa since 2014 have been estimated at USD 50 Billion.
Poor utilization of available arable land fit for agricultural production, post-harvest losses estimated at 40%, declining productivity, farm degradation and poor production management are all challenges that investors in agribusiness are faced with.
Other key challenges investors face include difficulty in marketing their produce, managing their farms while working in cities, evaluating viable agribusiness enterprises to venture into, accessing funding from financiers for their agribusiness ventures and falling prey to “fake” consultants, which results in huge investment losses.
The Investing in Agribusiness Primary Production Programme will seek to explore various ways of creating wealth in agricultural production, by addressing the various challenges that face primary production investors, and will provide access to financing as well as routes to markets.
The programme is also designed to help potential investors develop the right agribusiness investment ideas, equip themselves with research skills in a dynamic sector, develop viable business plans and manage their farm working capital.