M a r k e t N e w s

EAC MEMBER STATES SHOULD INVEST IN AGRICULTURE FOR STRONGER ECONOMY

Posted on : Wednesday , 3rd June 2015

 Agriculture accounts for 30% of the gross domestic product (GDP) of EA and it employs over 60% of the population of East Africa. In East Africa, it is reported to have annual value of $50b and this represents a 75% of the Agricultural products being traded from the commodities like maize, rice, potatoes, cassava, beans, wheat among others.

 
Agricultural performance is critically important to pro-poor growth since it employs over 75% of EAC member population, where the majority of them live in rural settings. The sector provides a basis for improvement of livelihoods in both rural and urban populations.
 
Despite the importance of the sector to the EAC economies, reviews of public expenditures and programmes that was recently conducted by Civil Society Budget group and other partners like Action Aid, Uganda Debt Network, Food Rights Alliance and ESAFF, indicates that, the input and output from Agriculture has continuously kept declining where inputs being the lowest in the sectors of the economy and is registered being below the National Development Plan target of 4.9% for the case of Uganda.
 
Besides the decline in the East Africa member states with an exception of Rwanda have not prioritised Agriculture in their public spending to the extent that the sector receives less than 4% of the national budgets.
 
This, therefore, calls for the Government and other partners to ensure that there is increased public financing for the sector in East Africa and need to invest more in Agriculture to better support the economies.
 
The integration of the regional markets in east Africa will open opportunities to balance regional supply and demand and this opens up incentives for increased productivity.

Source : TRADE MARK
-->
Featured Companies
  • Fasa | Packaging machinery and solutions
  • /
  • PRODAL 94 SRL
  • ME GUSTA

Complete List  

Advertisers in previous issue:

  • Delta Food produces tomato paste and milk powder in different packaging and in different concentration.
  • MAYORA Group has grown to become one of the recognized names in the Fast Moving Consumer Goods Industry.
  • El-Eman company provides a new source of specialized products of the highest standard of quality.
  • Complete processing lines for Food Industry.
  •  Alexform is the leading manufacturer of cold rolled steel profiles, offering both quality products and reliable service to its customers via the most advanced production facilities in Egypt.
  • AgriTech Analytic
  • The company was established since 1976Group of Companies, one of Ghazi and OlayanThe company is located in the schwing and this region is very rich in fruit trees of all varieties because of its mild climate
  • Postharvest international directory of suppliers. Equipments, materials & services. Fruits, vegetable & ornamentals.
  • This journal goes to producers, buyers, traders and carriers dealing with the food industry products from Ukraine, and neighbor and foreign countries.
  • Gateway to Global Food B2B Marketplace
  • Immediately following WWII, Pan American World Airways had a vision of mass civilian international business and leisure air travel and so began trailblazing its way across the skies of the Americas, Europe, Africa, Asia and the Middle East. Thus came
  • Kitchen Equipment
  • The Gulf Union Foods Company is one of the key national companies that have a clear contribution to the food manufacturing sector, especially juices and beverages.
  • Dairy Products,Beverages,Ice Creams;etc.
  • Afronutri Ltd is an intermediary supplier of end consumer baby food   products selling directly to retails and wholesalers as well as hospitals and pharmacies.
  • The Major Food Processing & Packaging Technology Show in Egypt & North Africa
  •  The company started in 1987 and is today one of the largest privately owned companies supplying containers for a multitude of applications.
  • Industrial Dynamics / filtec has been a leading innovator in the filed of inspection and laser coding equipment
  • MM Vitaoils is a world leader in downstream palm oil industry with full range of packaging.
  • Symega is a reliable producer of food ingredients and has supplied to many of the finest food processors in different parts of the world.
  • Bag Snacks registered since 1987 a constant growth, managing to position itself in Italy just below the major leaders of the sector.
  • Manufactures & Suppliers of all Hotel,Restaurant & Bakeries Equipment.
  • KAP CONES , having built up an unrivalled reputation for exceptional quality, performance & service in printing industry for last over four decades, diversified into producing cone sleeves with   auto rolling mechanism for ice cream cones requirement
  • Manufacturing of ice cream cones, sugar cones. Soft serve ice cream powder mix.
  • Hotel and restaurent
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade