Rolex O. Owino’s Post

Agriculture is widely considered as a key economic driver in Africa. This manifestation presents investors and enterprises from advanced economies with arrays of viable trade and investment opportunities within the region. Learn more: https://lnkd.in/g42wnSV #AgriBusiness #AfricanGrowthMarkets #ImpactInvestment #InternationalTrade #FDI

AfCFTA: a game changer for African agribusiness, especially SMEs! It is unlocking massive opportunities for African businesses, particularly the 44 million+ SMEs that power the continent's economy. Among these, agribusinesses working with smallholder farmers stand to gain the most. Our Agribusiness Financial Consultant, Inzillia Sasi explores why AfCFTA is a win for African agribusiness: ► Access new customers across Africa without trade barriers. ► Increased trade volume equals bigger profits for your business. ► Export Readiness tools: o  RoO: Promotes local production and protects nascent industries. o  PAPSS: Enables cheaper, faster cross-border payments. o  ATO portal: Provides real-time trade data for decision-making. However, navigating export readiness can be challenging. Agri Frontier can help! We offer a comprehensive suite of services for agribusinesses, including: ► Export Readiness Assessments: Identify operational capacity and resource needs. ► Market Research: Understand competitive landscapes and customer preferences. ► Financing Solutions: Secure funding to execute your export plan. ► Partnership Building: Connect with regional and global networks. ► Marketing Strategy Development: Reach your target customers effectively. We operate in Kenya, Nigeria, Ethiopia, Malawi, Ghana, Côte d'Ivoire, Zambia, Malawi, Tanzania, and Uganda. Let us help you unlock your agribusiness's potential. #AfCFTA #AfricanAgribusiness #ExportReady #AgriFrontier URL: https://lnkd.in/ecVtrWQA

Togo: the African Development Bank grants a loan of over USD 26 million to develop key agricultural sectors through private-sector investments The Board of Directors of the African Development Bank Group have approved a loan of US $26.55 million to Togo to implement the second phase of the Agro-Food Processing Zone Project. The aim is to provide the country with an industrial hub for processing agricultural products and establish a business zone to offer opportunities to young people and women in the Kara and Savanes regions, in the north and far north of the country, respectively. The project, approved in Abidjan on 19 July 2024, will also help to attract a significant level of private investment into key agricultural sectors, such as rice, maize, soya, sesame, cashew nuts and broiler chickens. Read More on: https://lnkd.in/d-u4snpT #agriculture #agroeconomics #agriculturefund #agrofood #africanagriculture

Agfunder's Agrifoodtech investment report for 2021 shows that agrifoodtech companies in Africa, raised a record-breaking $1.1 billion over a 5-year period. In 2022, $636 million was raised in one year. Whilst this trend slowed down in 2023, with the right investments in innovation, Africa's agriculture has the potential to grow to $1 trillion in output by 2030. Considering this, policymakers should start thinking deeply about how government policies can enable agri-tech and agribusinesses to thrive in Africa. Last week, I shared my thoughts on this matter with CNBC, based on our experience in Africa supporting an enabling environment for Agtech to thrive. https://lnkd.in/g-cUeCUU

Africa’s agribusiness and food will be worth $1trillion by 2030. How many percent of this market opportunities can Africans tap? And what are you doing to benefit from this as individual and business?

Agribusiness Growth in Africa depends on some pillars:#which:- 1: #AgribusinessPolicies 2: #Increaseproductivityandresilience #InvestinAgriculture, the industry isn't saturated.

#GLOBALSOUTHALERT: #TRUST FROM SINCE MEDIEVAL #ENGLAND, TO BEYOND #AMERICAN DECLARATION OF INDEPENDENCE ON JULY 4, 1776. [FOR DETAILS: https://lnkd.in/ewiwj4Nz ] TAGLINE: "#TREASURE THE #PEARL , RIDE #SPECIAL #MOBILITY." iSPECIAL MOBILITY ECOSYSTEM LINK: https://lnkd.in/dQeAywjs VISION STATEMENT: "WHOLE BUSINESS SECURITIZATION (#WBS) FOR #AFRICA AND #BEYOND."

African Agricultural Development Initiative 🌍 Project Name: Pan-African Agricultural Export Enhancement Program Region: Sub-Saharan Africa Overview: The Pan-African Agricultural Export Enhancement Program aims to boost agricultural productivity and exports across Sub-Saharan Africa. By providing small and medium-sized enterprises (SMEs) with access to international markets and financial support through Letters of Credit (LC), this project seeks to enhance food security, stimulate economic growth, and improve livelihoods. Key Objectives: Increase Agricultural Exports: Facilitate the export of high-quality agricultural products from Sub-Saharan Africa to global markets. Financial Inclusion: Provide SMEs with financial instruments to secure transactions and access working capital. Capacity Building: Enhance the skills and knowledge of local farmers and agribusinesses. Project Components: Agricultural Production Improvement: Training Programs: Conduct workshops and training sessions to improve farming techniques and crop quality. Infrastructure Development: Build and upgrade facilities for storage, processing, and transportation of agricultural goods. Export Facilitation: Market Access: Establish partnerships with international buyers and distributors. Compliance and Certification: Assist SMEs in obtaining necessary certifications and meeting international standards. Financial Mechanisms: Confirmed LC: Employed for transactions where the exporter requires a high level of payment security. A confirmed LC involves an additional guarantee by a bank in the exporter's country, ensuring payment even if the importer's bank fails to do so. Unconfirmed LC: Used for transactions where the exporter has confidence in the importer's bank. The unconfirmed LC carries a guarantee only from the importer's bank, which may carry more risk but is less costly. Benefits: Economic Growth: Increase agricultural exports, contributing to GDP growth in Sub-Saharan African countries. Job Creation: Create jobs in farming, processing, and logistics sectors. Challenges and Mitigation: Market Volatility: Develop risk management strategies and diversify export markets to mitigate price fluctuations. Access to Finance: Partner with local banks and international financial institutions to provide affordable credit lines. Sub-Saharan Africa: The project will lead to significant economic benefits, including improved agricultural productivity, enhanced export revenues, and better livelihoods for farmers. Conclusion: The Pan-African Agricultural Export Enhancement Program represents a transformative approach to agricultural development in Sub-Saharan Africa. #AgriculturalDevelopment #ExportEnhancement #SubSaharanAfrica #EconomicGrowth #TradeFinance #ConfirmedLC #UnconfirmedLC #SustainableDevelopment #FoodSecurity #SMEs

One step at a time, building the skills to transform agribusiness in Africa and take it to the next level

Is agriculture the right growth model for Africa? - https://lnkd.in/gN-mNpDq - By Danilo Desiderio A paper from the Morocco-based Policy Centre for the New South explores which development model Africa should adopt to enhance its economic growth and catch up with industrialized nations. The author suggests that Africa can learn from countries that have recently modernized their economies. But the question remains: which