Trade is critically important to economic development. Right
now, Africa has about 2 percent of all world trade, which is hard to believe
when you think about all of the tremendous resources that they have - oil,
diamonds, gold ... not to mention all the agricultural products such as coffee,
tea, cocoa - and to think that Africa still only has 2 percent of world trade
is really incredible. But the power of trade is that if the Africans were able
to increase their share of world trade from 2 to 3 percent, that 1 percentage
increase would actually generate about $70 billion of additional income
annually for Africa.
The potency of the Agricultural
sector in Africa is vast but due to limitations in technology, unavailability
of good equipment and machinery, Lack of adequate funding, advanced and
innovative Ideas are the road blocks to the growth and improvement of the sector.
The agricultural technology sector in Africa seems to be stagnant or moving
backwards while the rest of the world continues to advance.
Because trade is vital to sub-Saharan Africa's
economic future and to improving lives and livelihoods, The ISRAEL
– AFRICA AGRO BUSINESS INVESTMENT AND AGRO TRADE FORUM is initiated by Globe
Chamber of commerce and Industry to give the African continent an opportunity
to sit with the best minds in the Agricultural Technology world to discuss the
limitations and their subsequent solutions to the challenges faced in the
agricultural sector.
Globe Chamber of Commerce and
Industry (GCCI), is committed to support economic growth through promotion of
trade and investment policies. The organization also develop trade which focus
on industrialization and human capital development.
The organization achieve it’s international trade
goals by building bilateral and multilateral trade partnership, which form
bridges between the private and public sectors involving relevant government
and international agencies.
The ISRAEL – AFRICA AGRO
BUSINESS INVESTMENT AND AGRO TRADE FORUM has being scheduled for September 2022.
Although Plans and other preparatory process
is still ongoing, the event will undoubtedly be a blast!
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