cover image: Facilitating Finance and Global Trade for Small and Marginal Farmers in Africa

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Facilitating Finance and Global Trade for Small and Marginal Farmers in Africa

24 Dec 2021

Understanding the intricacies associated with optimal utilization of Africa’s agricultural potential and addressing the challenges preventing its expansion would increase production significantly. To do this, tangible investments in agricultural inputs, infrastructure, and market expansion are recommended. This investment is expected to open up the possibility of full participation from the pool of smallholder famers in Africa. A large chunk of Africa’s smallholder farmers will be induced into productive and commercial agriculture by this step. While the challenges are many, relatively low–investment opportunities exist to innovate on route-to-market approaches along the supply chain. Demand-side farmer engagement, public-private partnership with stakeholders in Agriculture, use of Internet of Things (IoT), integration of the Agriculture Blochian Technology alongside other ecosystem players, can help build markets to realize Africa’s significant potential.
africa trade finance market access smallholder farmers agriculture--economic aspects

Authors

Ogwuike Clinton Obinna, Emmanuel Uzochukwu Nwugo

Pages
12
Published in
Nigeria

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