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The Alliance for a Green Revolution in Africa (AGRA) solicited the Private Sector players to ponder on venturing on Agribusiness
Posted On 12 Aug 2021
By Abdul Rahman Bangura–
Photo Credit: Grain
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Sophie Chitedze, Country Director of AGRA brought in the statements previously during the blastoff of the Malawi Agribusiness Deal Room under the African Green Revolution Forum (AGRF) 2021.
Chitedze noted, the significance of farming to African nations involving Malawi cannot be overemphasized, thus, the private sector should stare into this as a probable area that could boost their economic stability.
“Malawi’s economy will continue to depend on agriculture for the foreseeable future. Unlike her neighbors who have other sectors in priority, Malawi’s priority number one remains agriculture. We, therefore, have excellent reasons for us to worry when we cannot invest as much in a sector that drives our lives,” she let out.
Nonetheless, Chitedze told AGRA also understands that improving smallholder agribusiness into an efficient and tolerable system is crucial to assuring food security, hoisting millions out of poverty, and navigating unbiased development across the mainland of Africa.
The National Planning Commission Senior Development Planning Specialist, Maxwell Maida, mirrored Chitedze’s notions, explaining there is an enormous room in the farming sector that administration independently cannot manage to restore. Maida brought in quotation to Chipoka Port Fisheries and Aquaculture Infrastructure Development project, that would pretty soon start and will desire investors the more. He
added that, the project is conceptualized to maximize the imaginable the Fisheries and Aquaculture Sector has for tolerable financial and social adaptation.
“Fisheries and aquaculture present significant opportunities to contribute towards economic growth and sustainable development,” He asserted.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent
Email: Info@newafricabusinessnews.com
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