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Abstract

Agriculture, including agribusiness, is projected to be a $1 trillion USD industry in sub-Saharan Africa by 2030 (World Bank 2013). It is therefore understandable that agricultural development in Africa is back on the global development and investment agenda. In September 2009, the G20 recognized agricultural development as a central activity for African development, echoing the calls of the World Development Report (World Bank 2007 the “Our Common Interest” Report (Commission for Africa 2005) and most recently the African Heads of State at World Economic Forum in Cape Town called for increased agricultural investment (NEPAD 2013). All emphasized the notion that agriculture is a key driver of economic development and growth, poverty alleviation and food security on the African continent.

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