Browsing: Agribusiness in East Africa

Africa holds great potential in contributing to food and nutrition security, and economic growth through innovative science, sustainable agri-food systems, and transformative partnerships. 

As rice becomes a potentially strategic commodity in Africa, many countries have embarked on different programs to boost domestic rice production along with continental initiatives. 

Rice is one of the key strategic crops for food security and a source of income for rice value chain actors in the project countries. Despite increases in rice production, the local supply however, has not been able to meet the growing demand, driven by changing consumer preferences and rapid urbanization.  

The East African region is primarily agricultural-based with the sector contributing an average of two-thirds of GDP and providing jobs to the majority of citizens. It is a key tax earner for governments and serves as a solid base under which the region’s industries are based. Agribusiness contributes about 25 per cent of Africa’s GDP and a staggering 70 percent of its employment.

Global food demand is expected to increase by somewhere between 59 percent and 98 percent by 2050 as the world population reaches an estimated 9.7 billion.

Most of the region’s countries have an ideal climatic condition for agriculture and mainly rely on rain-fed agriculture. Kenya, the most developed economy in the region which interestingly has a diversified economy more than just agriculture is least endowed in rain-fed agriculture compared to Tanzania, Rwanda, and Uganda.