How African farmers can tap into billion-dollar agro-business chain - Experts

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The experts said Africa needs to treat agriculture as a business.

For agribusiness to become a one-trillion dollar industry in Africa by 2030, a revolution has to take place in the sector in the continent.The session had experts from different fields of the agricultural sector.

Research shows that the continent has an estimated 33 million smallholder farmers, many of whom lack access to fair markets and modern technologies amongst others. Speaking at the panel session, the country director of Machine and Equipment Corporation Africa Limited , Ishaku Gashinbaki, said mechanisation has a major role to play across all the stages in the agricultural revolution.

He said a research was conducted by MECA on machinery in Nigeria. “We started with tractors and we realised that 131,000 were damaged while 55,000 were serviceably broken down.“It is an African thing. Usually, a tractor lasts for two to three seasons but lasts for four to five farming season in Nigeria,” he said.

 

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