The Africa Agri-Tech Development Forum: Digitising Agricultural Value Chains for Better Job Creation
Date & Time:
13th May 2021
12:00pm ThuAdd to calendar
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Intro: In this first event of the Forum, we will convene a diverse range of experts to explore where and how digital technologies can support better job creation, as well as increased food security. Such digital use could range from online (or mobile) payment to e-contracts, product tracing and logistical management. Crucially, we will be considering the necessary policy and regulatory frameworks for digital applications that ensure inclusiveness, scalability and viability, including data governance and protection that will enable small-scale farmers and agri-preneurs to adopt and apply digital solutions that are relevant, localised and actionable.
Context: Conditions are favourable to leverage Africa’s food system for higher on- and off-farm earnings and better job creation using increased digital tools where appropriate. High population growth and urbanisation are driving robust demand for food, as can be seen in the $35 billion the continent spends annually on food imports. This figure is expected to rise to more than $100 billion by 2030, by which time the sub-Saharan African agricultural sector is estimated to be valued at over £1 trillion per annum.
Much of the produce currently imported could be produced locally, or, with better regional food market integration, from other African countries. Digitising agricultural value chains could help leverage this potential, bringing a wide array of benefits to agribusinesses in developing markets and as the pandemic gradually shifts from an emergency response to recovery and resilience, presenting an opportunity to build back better in the agricultural sector.