From the People's Market

More than 20 African countries were represented at a rural and agricultural finance conference held in Harare, Zimbabwe from 10 to 12 June 2015. A fundamental question that grabbed all participants is: How can we use existing knowledge to improve rural and agricultural financing? Tons of publications and suggestions have been produced and continue to be produced on issues affecting African agriculture. Everyone knows that agriculture is central to African economies yet the sector receives less finance from banks. About 500 million smallholder farming families (more than 2 billion people) rely on agricultural production. About 75% of the population in Africa reside in rural areas and depend on agriculture for their livelihoods. In the SADC region, agriculture contributes between 4% and 27% of GDP and approximately 13% of overall export earnings in the member countries. It is estimated that the continent’s agricultural output could more than triple from USD…

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