https://en.sputniknews.africa/20250922/significant-leap-africas-agribusiness-expected-to-hit-1-trillion-by-2030-1078542257.html
‘Significant Leap’: Africa’s Agribusiness Expected to Hit $1 Trillion by 2030
‘Significant Leap’: Africa’s Agribusiness Expected to Hit $1 Trillion by 2030
Sputnik Africa
How can Africa’s farms meet the surging demand for food while embracing modern, sustainable practices? Experts say the answer lies in investment, innovation... 22.09.2025, Sputnik Africa
2025-09-22T18:15+0200
2025-09-22T18:15+0200
2025-09-22T18:15+0200
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‘Significant Leap’: Africa’s Agribusiness Expected to Hit $1 Trillion by 2030
Sputnik Africa
How can Africa’s farms meet the surging demand for food while embracing modern, sustainable practices? Experts say the answer lies in investment, innovation, and improved market access.
A new economic dawn is breaking over Africa, as a report forecasts the continent’s agribusiness sector will grow into a $1 trillion market within the next five years. This figure highlights a powerful narrative of transformation, where innovation and investment are unlocking immense potential. The story begins with a push for self-sufficiency. The African Development Bank’s landmark Dakar 2 Summit has already mobilized over $70 billion in commitments, creating a concrete foundation for growth by focusing on scalable projects and empowering local farmers. This direct link between policy and on-the-ground progress shows that the $1 trillion vision is not just a prediction—it is an achievable goal already in motion.African Currents spoke with Dr. Moses H. Lubinga, Manager of Agro-Food Chains, Markets and Economic Research at South Africa’s National Agricultural Marketing Council, to discuss Africa’s agribusiness outlook—from its trillion-dollar growth potential to the barriers and strategies shaping its transformation.Want to hear more from our guest? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.You’ll find our episodes not just on the website, but also on Telegram.► You can also stream our podcast on Apple Podcasts, Spotify, Deezer, Pocket Casts, Afripods, Podcast Addict.► Check out all the episodes of African Currents.
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‘Significant Leap’: Africa’s Agribusiness Expected to Hit $1 Trillion by 2030
How can Africa’s farms meet the surging demand for food while embracing modern, sustainable practices? Experts say the answer lies in investment, innovation, and improved market access.
A new economic dawn is breaking over Africa, as a report forecasts the continent’s agribusiness sector will grow into a $1 trillion market within the next five years. This figure highlights a powerful narrative of transformation, where innovation and investment are unlocking immense potential. The story begins with a push for self-sufficiency. The African Development Bank’s landmark Dakar 2 Summit has already mobilized over $70 billion in commitments, creating a concrete foundation for growth by focusing on scalable projects and empowering local farmers. This direct link between policy and on-the-ground progress shows that the $1 trillion vision is not just a prediction—it is an achievable goal already in motion.
African Currents spoke with Dr. Moses H. Lubinga, Manager of Agro-Food Chains, Markets and Economic Research at South Africa’s National Agricultural Marketing Council, to discuss Africa’s agribusiness outlook—from its trillion-dollar growth potential to the barriers and strategies shaping its transformation.
“The projected growth is such a significant leap and a promise for the continent, and this presents a lot of opportunities given the current times we live in and looking into the future […]. It’s very important that we look into adding value and tapping into vertical integration irrespective of the value chain […]. This will boost our competitiveness and improve our terms of trade, as well as strengthen our ties within Africa […]. By leveraging regional inter-trade agreements, we can increase the market base through which we sell our produce and also stimulate investment in the sector,” Dr. Lubinga noted.
Want to hear more from our guest? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.
You’ll find our episodes not just on the website, but also on
Telegram.► Check out all the episodes of African Currents. 
