Whether for profit or social motives - and often both - an increasing number of investors are targeting opportunities in African agriculture. At the same time innovative approaches for deploying aid to support farming businesses linked to smallholders are emerging. This blog provides a snapshot of who is doing what, where and how.

9 October 2009

Agriculture needs billions of dollars by 2050: UN agency

Developing countries need investments of 83 billion dollars a year if there is to be enough food to feed the world's expected 9.1 billion people by 2050, the UN food agency said Thursday.

The report said that most of this investment, in both primary agriculture and downstream services, "will come from private investors, including farmers purchasing implements and machinery and businesses investing in processing facilities". But public funds would also be needed to achieve a better functioning of the agricultural system and food security.

"Priority areas for such public investments include: 1) agricultural research and development; 2) large-scale infrastructure such as roads, ports and power, and agricultural institutions and extension services; and 3) education, particularly of women, sanitation, clean water supply and healthcare." AFP article