This post was originally published at Naija AgroNet and has been republished with permission.
Think agric - a second green revolution is knocking hard.
If you are still dillydallying on whether you should venture into agriculture or not, perhaps you should make your decision faster. Please read what FransWeilbach of PwC is saying about agriculture today.
“It is predicted that technological innovation will act as a catalyst in lifting agribusiness to the next level in Africa. The winners will be those agribusinesses that seize the opportunity to create new opportunities through technology – they will be able to reach their strategic goals faster and more efficiently,” he said.
“Kenya relies heavily on the agricultural sector as the mainstay of its economy, with agriculture contributing 29 per cent of GDP. Kenya is SSA’s leading tea exporter and one of the world’s largest black tea producers. A significant development in the agricultural sector is growth in the number of privately owned tea factories outside of those owned by the KTDA and the large multinationals in the country, and the benefits realized is expected to increase as some factories move to cheaper renewable energy such as hydropower production.”
“Agriculture contributed 24.18% to real GDP in Nigeria in Q4 2015 and this is mainly due to mechanised farming and to other activities in the agribusiness value chain.”
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