Growing Africa : Unlocking the Potential of Agribusiness
This report highlights the great potential of the agribusiness sector in Africa by drawing on experience in Africa as well as other regions. The evidence demonstrates that good policies, a conducive business environment, and strategic support from...
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Format: | Report |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/327811467990084951/Main-report http://hdl.handle.net/10986/26082 |
Summary: | This report highlights the great
potential of the agribusiness sector in Africa by drawing on
experience in Africa as well as other regions. The evidence
demonstrates that good policies, a conducive business
environment, and strategic support from governments can help
agribusiness reach its potential. Africa is now at a
crossroads, from which it can take concrete steps to realize
its potential or continue to lose competitiveness, missing a
major opportunity for increased growth, employment, and food
security. The report pursues several lines of analysis.
First, it synthesizes the large body of work on agriculture
and agribusiness in Africa. Second, it builds on a diagnosis
of specific value chains. As part of this effort, the value
chain for Africa's largest and fastest-growing food
import, rice, is benchmarked in Senegal and Ghana against
Thailand's rice value chain. Third, 170 agribusiness
investments by the Commonwealth Development Corporation
(CDC) in Africa and Southeast Asia are analyzed to gain
perspective on the elements of success and failure. Fourth,
the report synthesizes perspectives from the private sector
through interviews with 23 leading agribusiness investors
and a number of other key informants. In conclusion, the
report offers practical policy advice based on the
experience of countries from within and outside Africa. The
huge diversity of Africa's agro-ecological, market, and
business environments, however, necessarily means that each
country (and indeed regions within countries) will need to
adapt the broad guidance provided here to the local context.
Annex 1, concerning the rice value chain, was authored by
John Orchard, Tim Chancellor, Roy Denton, Amadou Abdoulaye
Fall, and Peter Jaeger. Annex 2, containing interviews with
23 leading agribusiness players in Africa, was authored by
Peter White. |
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