The term value chain development has become a buzz word both in the banking community and in development. But why are sustainable linkages between producers, buyers, exporters as well as other stakeholders so important? And what does “linkages” mean, how can they be measured and encouraged? To bring different perspectives together and to exchange on best practices, Frankfurt School of Finance & Management and the German-African Business Association organised the third German-African Agribusiness on Monday, May 22, 2017, at the Business School.
Speaking about agriculture in Africa, Dr Cordonnier, Frankfurt School’s Senior Agribusiness Finance Advisor, said: “There are four reasons to look optimistically in the future: firstly, Africa’s market for food will be the most dynamic because of a combination of strong demographic growth and emerging middle-class consumption patterns, secondly, there are plenty of untapped resources, thirdly, technological catch-up and finally better access to finance through International Financial Institutions and new stakeholders in the sector. There is no region in the world where these factors are as strong as in Africa.”
More than 100 participants and 25 key experts attended the event, including the Food and Agriculture Organisation of the United Nations (FAO), Technical Centre for Agricultural and Rural Cooperation, Bayer AG, Arla Foods, Bosch GmbH, Nestlé AG and World Cocoa Farmers Organisation.