A brand new focus report produced by the worldwide analysis and advisory agency Oxford Enterprise Group (OBG) shines a highlight on Africa’s agriculture sector, inspecting the potential it holds to strengthen meals safety throughout the area and the tech-led options which might be anticipated to be key in driving post-pandemic progress.
Titled “Agriculture in Africa 2021”, the report charts the trade’s efficiency thus far on each a regional and country-by-country foundation.
The report in partnership in partnership with OCP Group, the world’s largest phosphate mining and main fertilizer firm, provides essential details and figures on subjects that embrace variations in land use and crop manufacturing, cross-border commerce volumes, agriculture’s contribution to GDP and financing.
The focus report is available to view and obtain.
Subscribers will discover detailed protection of the challenges that the sector confronted when the Covid-19 pandemic arrived, which ranged from revenue and provide chain disruptions to subsequent meals worth inflation and squeezed liquidity for merchants.
Right here, there’s additionally evaluation of the resilience proven by segments of the trade, together with the restoration witnessed in key areas, buoyed by upticks in productiveness and the help of presidency and worldwide programmes.
As well as, the report highlights the uptake of digital expertise throughout components of the trade, which has been accelerated by the pandemic and will likely be pivotal in serving to to create a much-needed agritech ecosystem.
It considers the half that tech-driven options performed in serving to operators to take care of enterprise continuity when Covid-19 arrived, whereas additionally exploring what they might do to strengthen native service deliveries and worth chains sooner or later.
The advantages that the African Continental Free Commerce Space (AfCFTA) settlement is anticipated to ship by boosting intra-continental agricultural commerce is one other focus. Right here, the report analyses what nations and areas might do to reap the benefits of the alternatives that the settlement is about to supply.
The report consists of an in-depth interview with Mohamed Anouar Jamali, CEO of OCP Africa, through which he shares his views on a broad vary of topical points, together with the necessity to deal with bettering agricultural provide chains within the wake of the pandemic.
“Over 60% of Africa’s inhabitants stay in rural areas and are depending on smallholder or household farming. Due to this fact, motion restrictions, disruptions to meals provide and restricted market entry can have devastating results, akin to heightened meals insecurity,” he mentioned.
“We imagine that funding in expertise and coaching can result in enhancements in provide chains throughout Africa.”
Different trade representatives interviewed embrace Sidiki Cissé, Director-Normal, Nationwide Company for Rural Improvement of Côte d’Ivoire, and Joseph Boahen Aidoo CEO, Ghana Cocoa Board.
Karine Loehman, OBG’s Africa Managing Director, mentioned that whereas robust harvests in late 2019 had helped to cushion the affect of Covid-19-related disruptions on Africa’s agriculture and meals techniques, trade gamers had been nonetheless prone to really feel the load of fallout from the worldwide financial downturn.
“Wanting forward, the accelerated adoption of digital applied sciences and enhancements in provide chains will mix to extend productiveness, though structural challenges will want addressing,” she mentioned.
“As the main target sharpens on the implementation of the AfCFTA settlement, there may even be appreciable alternatives for nations to reap the advantages of elevated intra-regional commerce, notably people who make the event of a stronger agro-processing trade a precedence.”
“Agriculture in Africa 2021”has been produced with OCP Group. It’s accessible on-line and in print. A video on the report’s highlights may even be printed shortly.