South Africa continues to play a leading, and vital, role in the African agriculture landscape. In South Africa, each farmer provides food for approximately 1 600 people. To put this in perspective, the average food provision ratio for the rest of Africa is closer to one farmer feeding 26 other people. And South Africa’s leadership position in this regard is set to become increasingly relevant and important as the world looks to Africa to play a bigger role in addressing global food security issues.
However, the ability of South Africa to capitalise on the opportunities this global shift presents will depend largely on the perspective in SA, and its agriculture stakeholders, take with regard to the growing number of challenges facing its agriculture industry as a whole. And there can be no denying that there are numerous challenges.
Insecurity relating to land reform remains a significant hindrance to investment and development as stakeholders in agriculture adopt a ‘wait and see’ attitude rather than investing capital into land or farming inputs.
Climate change is becoming a greater inhibitor of yields, as incidents of widespread droughts and floods play an ever-increasing role in crop choices and planting decisions of the country’s commercial farmers. READ MORE
Source: Ventures Africa
By Zhann Meyer; Africa Head for Nedbank Capital Global Commodity Finance #IFAMAFRICA
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