Africa's agricultural sector has enormous scope for development, which would benefit both the continent's economy and its people.
Sentiment: POSITIVE
Improving Africa's farming sector would have multiple positive outcomes for African people.
The agricultural potential of Africa is unlimited.
Like its agriculture, Africa's markets are highly under-capitalized and inefficient. We know from our work around the continent that transaction costs of reaching the market, and the risks of transacting in rural, agriculture markets, are extremely high. In fact, only one third of agricultural output produced in Africa even reaches the market.
We must then build a proper relationship between the richest and the poorest countries based on our desire that they are able to fend for themselves with the investment that is necessary in their agriculture, so that Africa is not a net importer of food, but an exporter of food.
It is important to nurture any new ideas and initiatives which can make a difference for Africa.
The factors that have been holding farmers back are similar to those that threaten other types of growth in Africa. Infrastructure and transport are in many cases quite poor, resulting in the losses of huge amounts of produce.
Africa's mineral wealth is great; we should co-operate in its development.
Africa has become the big game of the nation hunters. Today, Africa looms as the greatest commercial, industrial and political prize in the world.
If African farmers can use improved seeds and better practices to grow more crops and get them to market, then millions of families can earn themselves a better living and a better life.
It is only through developing and maximizing all its natural resources that a sustainable future for Africa and its people can be secured.
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