Tag Archives: Food Market
Agribusinesses and African Smallholders Seize $1 Trillion Food Market as Meals Replace Minerals to Restart African Economic Growth, New Report
The power of entrepreneurs and the free market is driving Africa’s economic growth from food production, as business wakes up to opportunities of a rapidly growing food market in Africa, that may be worth more than $1 trillion each year by 2030 to substitute imports with high value food made in Africa. This is the main conclusion from the latest Africa Agriculture Status Report (AASR) (AGRA.org/aasr2017), launched today at this year’s African Green Revolution Forum (AGRF) in Cote d’Ivoire.
The management of Dangote Salt (www.Dangote.com) and the National Agency for Food and Drugs Administration and Control (NAFDAC) (www.NAFDAC.gov.ng) have expressed their readiness to collaborate and corroborate efforts to rid the food market of unwholesome practices by unscrupulous traders.