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Africa’s agribusiness sector is often called “the sleeping giant,” and for good reason. With over 60% of the world’s uncultivated arable land and a rapidly growing population, the continent is uniquely positioned to feed not just itself — but the world.
Currently, Africa spends over $40 billion annually importing food. But here’s the twist: it has more than enough natural resources to produce that same food domestically. As a result, both governments and private investors are now pivoting to unlock the full potential of African agriculture.
From tech-driven farming in Kenya to high-yield rice production in Nigeria, agribusiness is being transformed. Youth-led startups are introducing drones, IoT sensors, and mobile-based marketplaces to make agriculture smarter and more profitable. Cassava is being processed into export-quality starch. Cocoa and coffee are being packaged locally and sold globally with “Made in Africa” labels.
The African Development Bank has called agriculture “the new oil,” and estimates that Africa’s agribusiness industry could be worth over $1 trillion by 2030. That’s not just farming — that includes storage, logistics, packaging, exports, and digital services supporting the sector.
In short: African agribusiness isn’t just about feeding people. It’s about building wealth, creating jobs, and transforming rural economies into global players.
"Sierra Leone is blessed with about 13 million acres, of farmland".