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...