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Africa may need $400 billion to improve agriculture, AGRA Says

Published on September 07, 2016

Africa may need as much as $400 billion of investment in food production over the next decade to meet the continent’s needs, a report showed.

In an e-mailed report on Tuesday,the Alliance for a Green Revolution in Africa said,

It could require $315 billion to $400 billion over the next 10 years in public and private sector investments in all aspects of food production, processing, marketing and transport.

El Nino weather patterns damaged crops from South Africa to Ethiopia, leaving the continent’s countries fighting for supplies even as they have made strides to improve agricultural output and productivity. Read more. Source | Bloomberg