There are several opportunities for private equity investors, specifically in countries that are already experiencing fast growth in the agricultural sector, particularly Angola, Malawi and Nigeria.
- In Angola, there are enormous opportunities to invest in medium-to large-scale farms in maize, rice, beans, soya and assorted vegetables.
- In Nigeria, private equity investors can support growing medium-and large-scale farmers in cassava production — money that will be invested in new processing facilities to produce industrial starch that will serve the market, reducing the reliance on imports.
- Malawi’s poultry and animal feed enterprises, thriving fertiliser industry, production of animal health products, fishery industries combined with adequate food storage facilities make the country a suitable destination for investors.
Together, governments, investors and other stakeholders must pursue new and alternative sources to funding — such as sovereign wealth funds and domestic resources — and to creating incentives for the private sector to make investments.