World Forum looked at Africa and agriculture
The “last frontier” in terms of available and productive land, Africa currently dominates the “future of food” discussion. Delegates at the 2014 International Food and Agribusiness Management Association (IFAMA) took a further look at Africa’s opportunities and the specific role agriculture can play in meeting the demands created by the continent’s strong economic growth and its growing middle class.
Held June 17 in Cape Town, South Africa, a special session at the Agribusiness and Food World Forum by the International Food and Agribusiness Management Association (IFAMA) focused on the publication of the latest edition of the journal “African Agribusiness on the Move.” Featuring 24 case studies on successful agricultural businesses in Africa, the session allowed contributors to interact with both academia and the business community.
The cases presented opportunities for discussions on topics such as the impact of technology for African farmers and future projections for African markets, and described a wide range of businesses currently at work in Africa, including:
- Small holder livestock farms
- Indigenous plant products
- Tropical fruit snack products
- Trade, import and export businesses
The session was opened by Aidan Connolly, vice president, corporate affairs of Alltech, who presented “GLIMPSETM of the future; A lens through which to view Africa’s rising.” GLIMPSE is an acronym developed by Connolly that identifies the seven biggest obstacles to providing enough food to feed an increased population. The paper places agribusiness alongside governments, non-governmental organizations and charities as important players in addressing the problem of feeding a growing population, and identifies specific areas where agribusiness can make a difference in the world and Africa.
“Although ‘Africa’ is sometimes referred to as a single unit, in fact it is arguably the most diverse of all the continents,” said Connolly. “The GLIMPSE framework, developed to help break down the ‘wicked’ problem of food supply and security, is a useful way to address how to feed one billion more people in Africa.”
GLIMPSE is now being used by different organizations as part of their training or curriculum, including the Association of African Agribusiness schools in South Africa.
Professor Van Rooyen of Stellenbosch University addressed the importance of growth in agribusiness in Africa to represent a $1 trillion dollar business by 2030 and its role as a key driver of economic development, poverty alleviation and food security on the continent. He posed three scenarios to describe the leasing of land by foreign interests – as part of a ‘hit and run’ development and exploitation of resources, or ‘equitable and sustained’ growth or finally a ‘stop and go’ with even and inconsistent investments.
- Scout for aphids in winter wheat
- El Niño development stalled out, but wet winter still predicted
- Ag markets posted divergent closes Wednesday
- Farm bill program to help farmers affected by severe weather
- Israel panel proposes 25-42% tax hike on mining companies
- Ag markets moved almost unanimously higher Wednesday morning
- How much corn can the ethanol industry use?
- Economist: Taxing P could reduce risk of algal blooms
- Commentary: Government wants farmers to quit farming
- What is the relationship between maturity group, yield?
- Commentary: Ambulance-chaser lawyers take on Syngenta
- Berman: Camouflaged activists threaten agriculture