Reaping the rewards
Farming lies at the heart of Africa’s economic wellbeing, but although the sector may be steeped in tradition, it’s determined to move with the times. Money is pouring in from private-sector investors, helping local companies to increasingly use technology in innovative ways, such as developing improved seeds designed to deliver higher yields. As a result, the amount of land harvested across the continent has more than doubled in the past 25 years – and local businesses are helping to ensure that farmers remain central to the continent’s economy in the years ahead.
Sector at a glance
- 240 million hectares - The area of land harvested across the continent, up 116% since 1990
- 28% - The proportion of employed people across africa working in agriculture
- $202.2 billion - The total value of food produced in Africa per year