With 60% of the world's untapped arable land, Africa has the potential to become a significant food supplier. Governments across the continent focus on agriculture, supported by technological advancements and investment. Despite these developments, food systems in Africa face challenges from global disruptions. The questions are: Why do food shortages persist in Africa despite policy changes, investment, and abundant land? How can the continent strengthen its agricultural sector to become a food exporter?
Over the years, stakeholders have presented reasons for challenges in Africa's food and agriculture sector. Strategies have been tested and deployed to secure food sustainability. These include diversifying food systems, launching Special Agro-Industrial Processing Zones, incubation farms, and community-based projects. The sector offers commercial opportunities for private investors.
The food and agriculture value chain presents investment avenues, driven by consumer trends. Demand for primary and value-added food products grows in emerging markets and shifts towards health-conscious options in developed economies. Cross-border mergers and acquisitions are increasing, and private equity is used to navigate new markets and regulatory shifts.
Now is the time for key players in the food and agriculture industry to converge, engage, and discuss the commercial dynamics of the sector.
The African Agri Council presents the 6th African Agri Investment Indaba (AAII), scheduled for 20-22 November 2023 at the Cape Town International Convention Centre. This year's theme aims to challenge the narrative surrounding business ventures in Africa. The battle for perception is as crucial as the fight for private investment in the continent's food and agriculture sector.
AAII 2023 will feature the 2nd DFI Forum, the Banking & Microfinance In Agribusiness Forum, and policy dialogues. The event aims to assemble a diverse cohort, including farmers, agribusiness startups, industry leaders, financial institutions, asset managers, policymakers, and solution providers, to explore case studies, policies, and solutions for a food-secure Africa.
African Agri Council