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CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION

CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION. info Dev’s mission. Promoting the growth of innovative technology-enabled enterprises to improve competitiveness, employment and sustainable, inclusive growth. 2. The Opportunity. Food and beverage market size:

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CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION

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  1. CREATING INCLUSIVE GROWTH THROUGH AGRO-PROCESSING INNOVATION

  2. infoDev’s mission Promoting the growth of innovative technology-enabled enterprises to improve competitiveness, employment and sustainable, inclusive growth. 2

  3. The Opportunity Food and beverage market size: US$ 7 trillion by 2014 Rapid urbanization Growing middle class in Africa: Consumer spendingUS$ 2.2 trillion by 2030 Quality primary products….but 20-80% post-harvest losses 1 job created in processing = 2.8 jobs created in the economy Women = 60-80% of agro-processors

  4. The Challenge How do we enable the growth of African agro-processing companies?

  5. The Challenges READY MARKET… BUT LIMITED CAPACITY • To grow into medium and large, small enterprises lack: • market and marketing knowledge • innovation • appropriate financing products • appropriate technology • regulatory direction • value chain integration and trust

  6. AGRIBUSINESS INNOVATION AICs M&E Research Knowledge • INNOVATION IMPERATIVE: • Differentiation • Efficiency • COMPETITIVENESS • MARKET CAPACITY BUILDING

  7. Market Agribusiness Innovation Center • Market research, testing and linkages to customers and suppliers Advice • Training & mentoring; Product development & branding; Technology Identification; Quality, safety & regulations Finance Agribusiness Innovation Centers • Seed fund for innovation & demonstration AND commercial loan facilitation Facilities Product & technology demonstration center; processing & packaging equipment; lab facilities; business center Awareness & Linkages Promoting and Catalyzing Innovation through Outreach to Private Sector, Academia and Government

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