African banks, insurance institutions and investors have been challenged to relax their stringent requirements for the funding of emerging agribusiness ventures on the continent.
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The Coalition for African Rice Development (CARD) was launched by the NEPAD Agency, the Alliance for a Green Revolution in Africa (AGRA) and JICA on the margins of the fourth Tokyo International Conference for African Development in May 2008.
The Malabo Declaration on Accelerated Agricultural Growth and Transformation for Shared Prosperity and Improved Livelihoods consists of seven key commitments, one of which addresses the issue of enhancing investment finance in agriculture.
The Grow Africa programme has embarked on a drive geared at reaching out to the South African agri-business community with the intention of establishing meaningful partnerships and raising its profile within the community.
Given the resource constraints of governments on the continent, the private sector, both domestic and foreign, has a potentially important role to play in financing agricultural investments on the continent, to enable countries to realize the potential of the agriculture sector for economic growt
Grow Africa held a fruitful engagement with the European Union (EU) Delegation to South Africa for the purposes of fostering collaboration in the area of investment in African agribusiness.
Mr Ibrahim Gourouza-Magagi, Grow Africa’s Regional Head of West Africa presented to Mr Yacouba Dembele, Director General of the Office National de Development de la Riziculture en Côte d'Ivoire, the $30,000 financial agreement between the NEPAD Agency and the latter.
The rolling out of the Country Agribusiness Partnership Framework (CAP-F) in the selected pilot countries is proceeding at a commendable pace, with Ghana being the latest country added to the list.
Following the launch of the first inclusive pineapple Multi-Stakeholder Platform (MSP) in Benin by Grow Africa in September 2017, Grow Africa and IDH held a validation workshop on the market opportunities for the commercial production of pineapple in Benin conducted by Dalberg Consulting.