Fri, 06 Oct 2017 13:49:21 +0000 By BUUMBA CHIMBULU ZAMBIA’S food demand is estimated to grow to over US$25 billion in the next 15 years from the current US$8 billion, hence the need to expand the agribusiness industry, says Trade and Competitiveness Practice manager (World Group), Dahlia Khalifa. Ms. Khalifa said Zambia, compared with many African countries already had a relatively well-developed agribusiness industry with over 400, 000 smallholder households linked to agribusiness firms, and that entrepreneurs were also investing in agro-processing. Ms. Khalifa said commercial farming in Zambia offered productivity gains commensurate with other sectors. “The regional and urban demand for food has been strong and is estimated to grow exponentially. Based on the income, urbanisation, and population growth trends, we estimate that food demand in Zambia could grow more than threefold in the next 15 years, to over US$25 billion (from around US$8 billion today),” she said. Ms. Khalifa said Zambia could […]
Zambia must expand agro business sector to meet food demands
