Agriculture
Africa might be able to feed itself and the world if it keeps putting a focus on enhancing efficiency in using its resources.
The past decade has been witnessing economic growth in African regions that endorsed the CAADP, with a 160% increase in agricultural output . The upward trend in the sector uncovers the potential of agricultural investments in Africa in promoting growth and decreasing poverty levels, whereas, agriculture represents 30% of Sub-Saharan Africa’s GDP and more than 40% in export volumes.
Our Discovery
Moreover, investments in the continent have been booming in the past year. Rising to a total of $2.3 billion, with over $500 million in new private-sector investments in 2015. Being the land of the richest resources, Africa has naturally been attracting investors because of the large scale of unexploited resources in the continent.
Availability of The Resources
Only 7% of the 39 million hectares of land suitable for irrigation is currently irrigated , while the continent holds 60% of the world’s uncultivated arable lands, which leaves an incredible opportunity for investors willing to capitalize on agriculture. The sector provides quite a sizable potential and at WABS our goal is to develop the region while providing potential sizable investments to our investors. You can partner with us to make Arica great again