60% of the world’s uncultivated land is in Africa, while the continent is only responsible for 10% of the world’s agricultural produce. Agriculture as an untapped investment opportunity is set to be a major growth driver over the next few years, surpassing mining and metals. Southeast Asia has become competitive and expensive for doing agribusiness; it’s time for Africa to take advantage of this opportunity. According to the 2015/2016 RMB report, governments are underinvesting in the agricultural sector, especially in terms of the shift from subsistence farming to agro-processing. And technology has made a distinct impact on the agricultural sector, particularly the growing subscription and connectivity through mobile phones.

Source: The North Africa Journal March 01, 2017 10:01 UTC