Expectations for Africa’s Agribusiness Landscape in 2021
2020 has been a challenging year but we hope 2021 would be a better year. With the second wave of the Covid 19 sweeping fast globally, there is a need for a close looking agricultural productivity and food security.
Food is an essential need for man hence food security is important.
Here are some expectations for the year 2021 regarding food and agribusiness
Trade and Commerce
Expectations are high for better commodity trading and export across and outside Africa. With the implementation of the African Continental Free Trade Agreement (AfCFTA), we hope for a seamless trade.
Food and Nutrition Security
With the influence of the pandemic, climate change, desert locust in East Africa, conflict and insecurity, there is the need to brace up the availability and affordability of food. Most African countries are coming up with short term and medium term goals to attain food security. Nigeria recently launched her 5 year plan.
Digital Agriculture is here to stay. The use of technology to attain food security would increase in the year with the springing up of Agtech startup, more farmers using information technology for farming, monitoring and evaluation of farms, ecommerce for food and agricultural produce.
There would be more stakeholder engagement across the Agriculture value chain- farm to table. The use of virtual meetings and webinars especially by agricultural associations, government, developmental partners and multi stakeholders would increase.
The production of food and farming that considers the environment would be an aspect more stakeholders would consider in the year. From water management, reduction in pesticides use to sustainable food packaging would be thought about.