Agricultural Transformation for Sustainable Wealth Creation and
Social Impact
Akofa Ata DipM MA MCIMG C.Marketer
From Board Room to Farm
•AFRICA IS THE NEXT GROWTH FRONTIER
•AFRICA BELONGS TO US
•WE MUST OWN THE AFRICAN OPPORTUNITY
Insight
• By 2050 there will be 2bn more people in the World
• A 70% increase in global food production will be needed to feed us
Africa is driving the growth
2.4bn X 2050
• Africa’s Food Import in 2017 - 64bn
60% of Arable Land in Africa
Abundance of water sources
95% of Agriculture Still Rain Fed
Agricultur al practices are old and unreliable
Small Farm Sizes
Little research
Unreliable weather patterns
Akinwu mi Adesen a - ADB
“African needs a new generation of wealth- creating young Africans possessing and deploying sufficient resources to modernise agriculture and increase its access to technologies and investment finance throughout the continent”.
Toolkit for Tropical Greenhouse Farming
Yields Tomatoes
2kg per Plant
12kg Per PlaNT
Success Factors
Right Technology
Right Seed Varieties
Right Agronomic Practices
Right Talent
$100bn per Annum
Modern Farming
Farming as a business not hobby
Irrigation (Drip)
Technology/Mechanization/ Greenhouses
Services
Services – Harvesters, Tractors, sprayers etc
Extension Servicesagronomist/smart farming
Seed Development
Fertilizer, pesticides suppliers
Post Harvest Transportation
Storage Processing
Packaging
Africa’s agricultural economy cannot transporm without the involvement of the marketer
Policy Support
Irrigated Land Banks
Access to Affordable Capital
Research
Capability development