with a growing number of firms gobbling up arable land in Africa—not solely for crop production but also for livestock and cattle—investment shops are slowly redirecting capital to this agricultural subsector. Investing in this segment of African economies can be transformative, as a significant portion of African wealth and growth opportunity is walking on four legs on the African continent.
For the first time since anyone can remember, there is a very real possibility of four famines—in Somalia, South Sudan, Nigeria and Yemen—breaking out at once, endangering more than 20 million lives.
Rural farmers in Zimbabwe and the whole of Southern Africa are set to receive a major boost in their livestock production through the expected launch of the beef value chain finance initiative this year. The initiative, whose pilot project was successfully undertaken in Swaziland, includes a loan scheme for smallholder farmers who want to take up beef fattening for the market. This came out during the on-going International Conference on Livestock Value Chain and Access to Credit being held in Ezulwini, Swaziland.
A new artificial insemination (AI) technology, that could revolutionize livestock breeding and dairy production in Tanzania was launched on 9 November 2016.
The African Chicken Genetic Gains project is on a mission to bring ‘more productive chickens to African smallholders’. Led by ILRI, and backed by the deep pockets of the Bill and Melinda Gates Foundation, the African Chicken Genetic Gains project aims to improve the genetic makeup of African chickens. The initiative, which is initially being rolled out in Ethiopia, Nigeria and Tanzania, is part of what the Microsoft founder has called his ‘big bet’ on chickens, which also includes a promise to donate 100,000 of the birds to families and communities in the world’s poorest nations. . . .
‘Africa, which imports nearly 83% of the food it consumes, has a real chicken and egg problem. The continent is caught between pressure from imports in some countries and an inability to meet demand in others.’ Article by Calestous Juma republished from The Conversation.
The popular obsession with foreign land grabs is wrong-headed, says Isaac Minde of Sokoine University of Agriculture in Morogoro. If there is a land grab in Africa, it is being done by African urbanites.