Promoting innovative sustainable agricultural business models in developing countries, and in Africa in particular, can strengthen national and regional economic development and contribute to the implementation of the 2030 Agenda. Sustainable impact investments in food production and trade can create decent jobs through new transformative partnerships. The potential of trade and business cooperation is key to support the development of agri-food enterprises and fully maximise trade and enhancing new markets in regional and global value chains. Inclusive and remunerative models which address the inequality factors across the value chains need to be shared and upscaled. New skills development able to match the market needs in value-addition products, blending facilities and innovative solutions to scale up are needed.
Promoting sustainable agriculture and trade for inclusive growth
Addressing inequalities through private sector development and investment
High-level panel - Auditorium
Wednesday, June 19, 2019
14:30 to 16:00
- African agriculture holds important potential for economic growth, job creation and import substitution.
- African farmers will need to take advantage of new smart technologies, but should not necessarily follow the mechanisation models of industrialised countries.
- There is some evidence that small-scale rather than large-scale farming is more productive.
- Private investment could provide some of the finance for African agricultural expansion, but foreign investors are looking for predictability and reliable judicial systems.
- Transparency throughout the agricultural value chain will be needed, to ensure that both the producers and the consumers really benefit from the sector’s potential.