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CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION.

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Presentation on theme: "CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION."— Presentation transcript:

1 CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION

2 infoDev’s mission Promoting the growth of innovative technology-enabled enterprises to improve competitiveness, employment and sustainable, inclusive growth. 2

3 The Opportunity Food and beverage market size: US$ 7 trillion by 2014 Growing middle class in Africa: Consumer spending US$ 2.2 trillion by 2030 1 job created in processing = 2.8 jobs created in the economy Women = 60-80% of agro-processors Rapid urbanization Quality primary products….but 20-80% post-harvest losses

4 The Challenge How do we enable the growth of African agro-processing companies?

5 The Challenges READY MARKET… BUT LIMITED CAPACITY To grow into medium and large, small enterprises lack:  market and marketing knowledge  innovation  appropriate financing products  appropriate technology  regulatory direction  value chain integration and trust

6 AGRIBUSINESS INNOVATION INNOVATION IMPERATIVE: Differentiation Efficiency COMPETITIVENESS MARKET AICs M&E Research Knowledge M&E Research Knowledge CAPACITY BUILDING CAPACITY BUILDING

7 Agribusiness Innovation Center Promoting and Catalyzing Innovation through Outreach to Private Sector, Academia and Government Seed fund for innovation & demonstration AND commercial loan facilitation Product & technology demonstration center; processing & packaging equipment; lab facilities; business center Market research, testing and linkages to customers and suppliers Agribusiness Innovation Centers Market Advice Finance Facilities Awareness & Linkages Training & mentoring; Product development & branding; Technology Identification; Quality, safety & regulations


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