SERVING FOOD INDUSTRY IN AFRICA
IFSA WILL SHOWCASE THE LATEST IN FOOD PROCESSING TECHNOLOGY & PACKAGING
IFSA is the go-to place for manufacturers, retailers, food service professionals, importers and distributors to source for solutions that can enhance their production and operational needs.
The agribusiness sector in Africa is a strategic issue for the industrialization and development of all countries on the African continent. For African economies, the agri-food sector is a real windfall; representing nearly USD$313 billion dollars. The growth of this sector is credited by the involvement of the entire value chain:: agricultural production, secondary processing, distribution and sales to consumers.
Retailing is currently By 2030, companies operating in the agribusiness sector are likely to generate a one thousand billion dollar market.
This growth highlights the many opportunities available to companies operating in this sector and to the various players involved in the value chain.
How to respond to the needs of the African market?
The development of the agri-food sector makes it possible to increase food self-sufficiency, stimulate the African economy and create jobs. However, despite Africa’s wealth of resources, there is a serious lack of the business expertise needed to unleash the full potential of the agri-food sector. The impediments to the development of this sector are due to the lack of human capacity and skills. African industries do not have sufficient experience in terms of management and development of enterprises operating in the agribusiness sector. It is also essential to control the different elements of the value chain to ensure the success of the agro-food sector.