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Investments in Agriculture in Africa Rises to $2.3bn

Published on May 20, 2016

Africa’s agriculture sector is at an inflection point and could grow significantly in the coming years with the right investments and policy actions. This was the submission of business leaders, government officials and others who gathered for the 2016 Grow Africa Investment Forum in Kigali recently.

The Grow Africa partnership reported that over $500 million in new private-sector investments were implemented in 2015, bringing the total to $2.3 billion implemented out of over $10 billion committed by more than 200 African and global companies. In the past year, these investments reached around 10 million smallholder farmers and created 30,000 jobs, bringing the total number of jobs created to 88,000 since 2012. Read more. Source | This Day