The business sector is ready to scale up and facilitate investment in critical areas, support productivity and competitiveness to create prosperity, if the right policy environment is in place. Moreover, manufacturing should be among the priority sectors for viable business initiatives and to create more and better jobs, especially for young people.
Africa’s precarious food security situation is the result of a variety of factors, some of which are structural.
The war in Ukraine is the latest shock to hit global food production, causing concern about the food security situation in African continent.
While African farmers have land, they must depend on other countries for essential inputs such as fertilizer. And here at the EU-Africa Business Summit in Brussels, participants are calling for more private sector involvement and investment in African agriculture.
Europe could benefit from Africa, has plenty of opportunities to offer in terms of innovations and technologies, with the world’s population projected to increase to 10 billion by 2050, food production should remain high on the international agenda’s unquestionable concerns.
Africa will rest heavily on building resilient agriculture value chains, investing in climate change adaptation, infrastructure and local manufacturing.
The Africa continent needs more than ever reliable partners, all stakeholders of the food value chain to stand with their partners and their customers on the continent. We at OCP are well aware of our responsibility to maintain our role as partners of Africa’s green re