World population will increase by a third until 2050. This presents a tremendous challenges for the global food production, which will have to increase by 70%.
The highest demand for food will be in Africa and thus there is a great potential on both a local and regional scale.
Africa needs to play a key role in meeting the food demands because of the vast agricultural resources in the region: 50 percent of the world’s uncultivated arable land is found on the continent.
At the same time, Africa is an important emerging market with GDP growth rates as high as 7 percent for Tanzania and 5.7 percent for Kenya (2013). Throughout East Africa, percentages are reaching an average of 5 percent, which further demonstrates the large potentials in these new economies.
Agriculture employs 65 percent of Africa’s labor force and accounts for 32 percent of the African GDP.
To meet the future demand, it is crucial that agricultural production changes from traditional low yield subsistence farming into commercial farming. This demands a significantly higher technological input - especially in post-harvest treatment, which is a major challenge all over Africa, where up to 40 percent of food products are often wasted due to the humid and warm climate.
Post-harvest treatment is all about understanding the whole value chain and proper handling of the produce; whether it be fish or vegetables - the entire way from the farmer to the end buyers. This poses serious challenges in respect to hygiene, volume, logistics, transport etc. These challenges contain vast business potentials for Danish companies that posses the right know-how and products.
At access2innovation we have identified a number of obvious potentials and expect to launch new projects in this business area. We are currently looking at opportunities in sectors such as aquaculture, post-harvest and value chain management.
These sectors will demand cross-cutting solutions such as cooling, freeze drying, farming, nutrition, energy, water, fertilizing etc.
The number and diversity of cases will continue to expand.