In "Africa’s Path to Growth: Sector by Sector", published in 2010, global consultancy McKinsey argues for a sectoral approach to development in Africa.

It notes, however, that the continent’s agro-ecological potential is far larger than its output — as are its food needs. "While more than one-quarter of the world’s arable land lies in this continent, it generates only 10% of global agricultural output," the authors argue. "So there is huge potential for growth in a sector now expanding only moderately, at a rate of 2%-5% a year. "..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now