African Development Bank president Akinwumi A. Adesina has reiterated that the fundamentals for strong economic growth are still in place in Africa, despite of the impacts of the COVID-19 pandemic. Adesina was joined last week by several international business executives and representatives of the UK government...
The South African government will reopen its agriculture sector and allow some manufacturing and retail to resume, in order to kickstart the economy which has been shut down for over a month to curb the spread of COVID-19. This follows President Cyril Ramaphosa’s announcement on Thursday...
Malawi expects its GDP to grow by 5% this year followed by 7% in 2020 as a severe draught that has impacted agricultural production in recent years turns to rainfall. The Southern African nation’s economic growth has slowed while in the grip of an El Nino-induced...
A strong performance by the agricultural industry helped Kenya’s economy expand by 6.3% last year, according to latest figures from the Kenya National Bureau of Statistics (KNBS). Adequate rainfall over the course of the wet season boosted the sector, a mainstay of the Kenyan economy, following...
Prominent leaders, sponsors and lenders within Africa’s agribusiness industry gathered at the Africa Investment Forum, where it was predicted that the sector would grow to reach US$1 trillion by 2030. Various attendees at the event agreed that with Africa’s vast agricultural potential, agribusiness is set to...