Africa's Agriculture Growth Potential: A Brief Reflection!
When we read about Africa, instantly the word "Agriculture" comes to our mind. Similarly, when we talk about the energy sector, particularly oil and gas, the Middle East is the region that gets the most of our attention. There's so much growth potential in Africa's agribusiness sector. What is stopping us from talking to our agribusiness about the region?
Today, we will talk about how Africa is progressing in its Agribusiness sector, the top agricultural countries in Africa, and the latest growth potential in the agriculture sector. Let's start!
Africa as an Agriculture Continent
Africa is an agriculturally rich country with the top agricultural countries including Nigeria, South Africa, Ethiopia, Kenya, Tanzania, etc.
We have highlighted these points in our blogs that Africa, as a continent, is agriculturally rich, a few of the reasons being abundant arable land availability, favourable climates for seasonal fruits and vegetables, and significant potential for value addition.
With more than 70% of arable land, but uncultivated and untapped, the continent remains fully unrealized.
Market Value of Africa's Agriculture Sector
Statista reported the African agribusiness market value at US$189.07bn in 2025. With an annual growth rate of 0.63% (CAGR 2025-2029), resulting in a gross production value of US$193.88bn in 2029, the sector is presenting exceptionally promising growth for agriculture technology and solution leaders who want to expand their business there.
According to the African Development Bank, Africa's food and agriculture market would increase to US$1 trillion by 2030.
Growth Drivers to Africa's Agribusiness
1- Technology Advancements - Africa is at a technological boom. Countries including Ghana, Kenya, Nigeria, Senegal, Tanzania, and Uganda are coming up with different agritech models with a lucrative market for global companies to come and do business there. Amongst all, Kenya, where every year we hold Africa's largest agricultural show - the Africa Agri Expo - is even called Silicon Savannah. Thanks to the country's vibrant technology ecosystem.
The 9th edition of our highly successful event is scheduled for 11th and 12th February 2026, at KICC, Nairobi, Kenya.
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2- 1,173 Million Hectares of Agricultural Land - As reported in 2022, Africa has 1173 million hectares of available arable land out of which 60% of it is untapped and unrealized, waiting for the right technology and solutions in the African agribusiness sector.
Why does Africa have untapped land?
African agribusiness has suffered because it has ample resources but fewer cost-effective and cutting-edge technologies.
We have illustrated a few points on how emerging companies looking to expand their agribusinesses in Africa can capitalize on the market.
3- Agriculture is More than Just an Industry in Africa - Africa's agribusiness industry has gone beyond just being an industry; instead, it is the backbone of the continent's economy. With a rising population, it has become mandatory for countries to reduce imports and grow fresh produce.
Supportive Reasons:
3.1 Employment Dominance – Agriculture supports the total GDP of the country with 20% to 30% of the share and employs approx more than 60% of the workforce in the sector. Strengthening this sector becomes vital for the government in order to promote jobs and increase the overall GDP.
3.2 Food Security - Regional programs, policy frameworks, and partnerships that best align with African agribusiness are being facilitated by the countries' governments.
Some of the food security initiatives are as follows;
● The African Union's Comprehensive Africa Agriculture Development Programme (CAADP) - Visioning 2063, today, CAADP is an agricultural transformation programme in Africa that strives to eliminate hunger from the continent, reduce food wastage, and bring in newer investments to support both agritech and sustainable markets. This programme was established by the African Union (AU) Assembly in 2003.
● The African Food Systems Transformation - This covers the West and Central African Food Transformation System Initiatives brought by the Consultative Group on International Agricultural Research (CGIAR) over time to help the continent realize its true agricultural potential and enhance the nutritional needs of the people.
● Feed Africa Strategy - The African Development Bank (AfDB) launched this in 2016 with the main focus to make African countries and their agriculture sectors productive, inclusive, and commercially viable so that they can tackle hunger, poverty, and food insecurity. Read more about the strategy here.
3.3 Youth's Involvement - Earlier, just an industry, today Africa's agribusiness sector is flourishing with the latest ideas and knowledge that youths have brought in. From building high-profile drones to incorporating AI and Machine Learning to detect pests and insects in the crops, youths have not shown that agriculture can be taken as a career as well in Africa.
In a recent report, the African Development Bank (AfDB) rightly highlighted how African youth are driving agricultural transformation through innovation and entrepreneurship, supported by initiatives such as the Enable Youth program.
Looking at the enthusiasm African youths hold towards agriculture, AfDB has also invested $669 million in the programme, where 18 African countries joined.
You can read the report here.
Concluding on our remark, we see that the continent is brimming with opportunities, and whoever taps it first wins the most.
If you, too, have the latest tech and solutions in the agriculture sector and want to expand your business in Africa, make sure you showcase them in front of 10000+ targeted attendees in Kenya next February.
To register, click Here.
Do Read: How Waterless Farming is Transforming the Future of Agriculture.