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Published byOwen Robert McDowell Modified over 8 years ago
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CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION
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infoDev’s mission Promoting the growth of innovative technology-enabled enterprises to improve competitiveness, employment and sustainable, inclusive growth. 2
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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
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The Challenge How do we enable the growth of African agro-processing companies?
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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
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AGRIBUSINESS INNOVATION INNOVATION IMPERATIVE: Differentiation Efficiency COMPETITIVENESS MARKET AICs M&E Research Knowledge M&E Research Knowledge CAPACITY BUILDING CAPACITY BUILDING
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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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