Agriculture as a business: Approaching agriculture as an investment opportunity

AKINWUMI ADESINA ON 19 FEBRUARY 2016 African smallholders are the private sector – the largest segment on the continent. By seeing agriculture as business, smallholders as customers and entrepreneurs, and companies as organisations that want smallholders as customers and suppliers, policymakers and investors can leverage the continent’s existing assets to catalyse economic transformation rather than trying to create it from whole cloth. I was recently appointed president of the African Development Bank. A development bank is not necessarily an intuitive concept; most banks don’t exist to serve explicitly social purposes. But what defines a bank is the way it conducts business, whatever that business may be. This is why I say I wear my banker hat, and not my development hat when I speak about agriculture. Agriculture is not a way of life. It is not a social sector or a development activity, despite what people may claim. Agriculture is a Read More