DATE:10/8/2020 TIME:9:10 BY: TABOWEI BRAVE EBIMOWEI *AGRIBUSINESS & AGRICULTURE* When most people think of agriculture in Africa, images of poor and overworked farmers with crude tools on a rural farm readily come to mind. Many, especially young Africans, still think that agribusiness is a poor man’s occupation. Nowadays everybody wants a white-collar office job in the city. Agribusiness is hardly on anyone’s mind. Did you know that Africa sits on an agribusiness goldmine but most people just dont’t see it? If you’re one of the blind, allow me to open your eyes with a few exciting facts you need to know about agribusines in Africa… Africa’s richest man, Aliko Dangote, recently invested $1 billion in rice production? Every year, Africa spends billions of dollars on rice imports, and Dangote wants a slice of the market. Since 2009, investors in the USA, Europe, Middle East and Asia have been buying and leasing millions of hectares of African land for agricultural pur...
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