Opportunities in African Market

Rising Food Imports

  • Total food imports to Africa have increased by ten folds in the last three decades, during which time Africa has remained a net importer of agricultural products.
  • For many countries in Africa, persistent food imports have a become a chronic drain on foreign exchange reserves taking away much needed funds from other important development areas without resolving food insecurity.
Rising Food Imports

Growing Population

  • In the last five decades, Africa been the continent with the highest population growth rate. This is one of the drivers of its increase in food import.
  • In 2015, Africa’s population growth rate was at 2.5%, which was more than double the world’s population growth rate (1.2%). The population in Africa is expected to double by 2050.
Rising Food Imports

Increasing per capita consumption

  • While population growth is one of the main drivers of growing demand for food, increase in per capita food consumption is another factor contributing to the increase in demand.
  • Many African households spend large portions of their income on food, and income elasticity for food consumption is relatively high.
  • In a country with fast economic growth such as Ghana, a high and sustained increase in income leads to a sharp increase in per capita food consumption.
Rising Food Imports

Our Strengths

  • Professional management and operation team that would ensure sustainable growth of business
  • Mechanization that maximizes productivity and efficiency of farming
  • Economies of scale that drives down overall costs of production
  • Global Network with potent business partners that enables us engage in both domestic and international trades of agriculture commodities
  • Fertile land and favorable climate that help us deliver quality crops