Public -Private partnership critical for Agribusiness growth …

6 09 2012

See on Scoop.itInclusive and Sustainable Business

Madam Maria Helena Semedo, FAO Regional Director for Africa, on Tuesday called for collaborative efforts between the public and private sectors towards the growth and development of agriculture as business in Africa.


She explained that the FAO estimated a total amount of USD 940 billion was needed as the cumulative public and private investments capital required in Africa’s agricultural sector development until 2050.


According to her “almost half of the amount (USD 444 billion) is required in agribusiness and agro-industries capital outlays, covering items such as dry and cold storage, rural and wholesale market facilities and primary processing/value addition”.

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