Africa needs to modernise agricultural sector to feed itself
AFRICA’S productivity in the agricultural sector and ability to feed itself depends on the modernisation of local industries.
Agricultural transformation can only take place if the value chains have processing plants like the ones that help smallholder farmers to increase productivity, and supply these kind of factories so that it is processed and sold at high value.
Organisations such as the Alliance for Green Revolution in Africa (AGRA) are trying to bring agricultural transformation at the centre of Africa’s renaissance.
In Tanzania, the Joydons Limited in Bagamoyo, a maize flour processing factory owned by two women entrepreneurs, Joyce Donald Kimaro and Joyce Donatikimaro, is among the 11 projects financed under a partnership agreement with AGRA.
It avoids post-harvest loss by adding value to maize and has been able to get the technology that removes aflatoxins in maize flour.
Apart from that, AGRA has enabled the Tanzania Agricultural Development Bank to finance 11 small-and-medium enterprises with loans worth U$4,4 million.
Such strategic partnerships enable organisations to stimulate SMEs financing in the value addition of food crops.