Video

East Africa’s Agri sector is growing and offers great opportunities for Swiss SME’s

The Agriculture Sector is the mainstay of the economy in East Africa. As of 2013, the sector contributes 25% to the GDP, forms 65% of Kenya’s total exports and provides 18% of formal employment. Three quarters (75%) of Rwanda’s agricultural production comes from smallholder farmers. Find out what the opportunities for Swiss companies are in the video.

south africa farm

The biggest opportunity of all economic sectors will be any form of investment in the agriculture sector in Kenya, Rwanda and Uganda.

Labour and skills shortages

Most of the small to medium scale farmers in Kenya have no formal agriculture training of any kind. There is a lack of agriculture technicians, which can assist farmers in the rural areas.

Agriculture support structures: Sufficient support structures that can assist the agriculture sector are needed. There has been an overall extraordinarily little investment by East African governments into agriculture research and development. They therefore lack agriculture logistic systems or agricultural infrastructure, such as processing and storage facilities for produce such as maize, soya and wheat. This makes large commercial agriculture projects exceedingly difficult to implement. The current focus is therefore on the development of small-scale farmers.

The fast-growing East African Community (EAC)

This trend can be observed in the EAC, which is a regional intergovernmental organization of six partner states: the Republics of Burundi, Kenya, Rwanda, South Sudan, the United Republic of Tanzania, and the Republic of Uganda, with its headquarters in Arusha, Tanzania.

As one of the fastest growing regional economic blocs in the world, the EAC is widening and deepening co-operation among the partner states in various key spheres for their mutual benefit. These spheres include co-operation on in political, economic, and social areas.

Now, the regional integration process is in full swing with the establishment of the East African Customs Union, the establishment of the Common Market and the implementation of the East African Monetary Union Protocol.

Find out more in the video

Enlaces

Compartir