Africa, a prototype for tomorrow's agriculture
As a vector of sustainable and inclusive growth, agriculture is the foundation of a system that is essential to ensure nutritious, safe and accessible food for all. This sector is also a driver of job creation: 60 % of jobs in sub-Saharan Africa are in land use and livestock. This share could be much higher if the entire agri-food system is taken into account.
To meet current and future food security and sustainable development challenges, it is necessary to experiment with new, more productive and environmental friendly ways of doing things. On the continent that is home to 60 % of the world's uncultivated arable land, the transformation of agriculture through new technologies is already underway, from farm to fork.
To enable farm owners to develop their farm or agro-industrial activity, BANK OF AFRICA has put in place an adapted solution through the Agridev loan, which allows coverage of up to 80 % of the agricultural investment project, the acquisition of agricultural equipment or the installation of a farm, the increase in production capacity and the financing of production logistics.