Africa’s food market growth is estimated worth of USD 1 trillion by 2030 translating to twice as much demand for food by 2050 in Africa. The combination of this trend with Africa’s food import bill leverages an estimated USD 30–50 billion, indicate an opportunity for Indian industry to capture this space and also Africa’s farmers to grow their agricultural businesses. Also, with African Continental Free Trade Area (AfCFTA) gaining ground, signing of CECPA with Mauritius, Indian Industry is poised to cease this opportunity and position itself as One Stop Shop for Africa Agri Revolution – with 3A technologies which are Affordable, Adaptable and Appropriate.
Focus Industry: Farm mechanisation, Irrigation solutions, Seeds, nutrients, Agro-chemicals, Agri-technology, Post-harvest solutions, Food processing machinery, New age technologies, Financing, Supply chain solutions.