Pulse.com.gh logo

ACET Agriculture as a foundation for Africa's economic transformation

M.D. Ramesh from Olam, Alemayehu Konde Koira of the MasterCard Foundation, and Kenneth Quartey of Sydal Farms (Ghana) will be part of a panel of experts exploring and discussing these critical issues.

  • Published: , Refreshed:
small farm holders play

small farm holders

(File Photo)
24/7 Live - Subscribe to the Pulse Newsletter!

When Africa's top economists, policymakers, business leaders and development practitioners gather in Kigali in March for the first African Transformation Forum (ATF), one of the main discussion topics will be how to use agriculture as a base for the continent's economic transformation.

The ATF, which takes place in Kigali, Rwanda, on March 14-15 is organised by the African Centre for Economic Transformation (ACET) in partnership with the government of Rwanda.

"Historically, countries that have managed to pull out of poverty are those that have successfully increased agricultural surplus and used that as a basis for diversifying their economies away from agriculture-based activities," writes Francis Mulangu in the February issue of African Business magazine.


Mulangu, an agricultural economist at ACET writes: "A surplus-generating agricultural sector can provide cheap food, ensuring adequate nutrition for the population -- including its workforce, and also increase the amount of disposable income left to individuals and families after the food bills have been paid. This generates demand for other goods and services, creating direct and indirect jobs".

Surplus production is also used to provide raw materials for industry, setting off a positive chain reaction including production, marketing, distribution and all the other value additions involved, he says.

Agricultural transformation starts by improving productivity. Higher productivity implies that households will have enough food for their own consumption and surpluses to sell in the market to acquire cash and diversify their diets as well as satisfy their non-food needs.

But agricultural productivity in Africa is about one-third that of comparable Asian smallholder farmers. Why is this so? What can stakeholders do to boost productivity? Which crops hold the most promise? Where are the success stories and how can they be duplicated? How can agriculture be used to create jobs?

M.D. Ramesh from Olam, Alemayehu Konde Koira of the MasterCard Foundation, and Kenneth Quartey of Sydal Farms (Ghana) will be part of a panel of experts exploring and discussing these critical issues.

Credit: African Centre for Economic Transformation

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 Roshi Motman AirtelTigo CEO resignsbullet
2 Ghana Politics Akufo-Addo fires Lands Commission bossbullet
3 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
4 Economy Bawumia must stop misleading Ghanaians over cedi...bullet
5 MTN Ghana Selorm Adadevoh is MTN Ghana’s new CEObullet
6 Salaries In 2018 Here are the dates public workers will be...bullet
7 Shirley Frimpong-Manso and Ken Attoh owe The Royal Bankbullet
8 Menzgold Ghana Investment company closes down its Gold...bullet
9 Economy Of Ghana No profit because of cedi depreciation...bullet
10 First National Bank Ghana launches first-ever cash...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
4 Bozoma Saint John 10 quotes from Uber top official, Bozoma, that...bullet
5 Support Finance minister buys Kantanka carbullet
6 Plane Crash Starbow suspends operations following plane crashbullet
7 Tech 6 reasons you should buy an iPhone SE instead of any of...bullet
8 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet
9 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet
10 Entrepreneurship Creating Success Systems | StartUpSchoolbullet