Investments: The Easy Guide to Building Wealth with Agricultural Business for Beginners

Investments: The Easy Guide to Building Wealth with Agricultural Business for Beginners

Author: Alex Nkenchor Uwajeh

Publisher: Alex Nkenchor Uwajeh

Published:

Total Pages: 58

ISBN-13:

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No matter what your plan is for your agribusiness, the key to your success lies in creating a strong foundation that will support your business into the future. Creating a profitable agricultural business not only builds wealth for you and your family. It also has the potential to build wealth for the surrounding community. If you’re ready to leave the corporate rat-race and take the leap into being your own boss, agribusiness is an excellent option. Of course, there is some work and risk involved in getting started, but the rewards can certainly outweigh the risks.


Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction

Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction

Author: Elliot Mghenyi

Publisher: World Bank Publications

Published: 2022-02-08

Total Pages: 187

ISBN-13: 1464817243

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Nigeria has for decades placed enormous emphasis on diversifying its economy beyond oil and into sectors such as agribusiness and manufacturing. Lack of progress on the diversification agenda could be blamed on weak implementation and misalignment of public spending, but it also reflects more profound underlying issues. For example, declarations that any particular sector should drive diversification without offering clarity on specific investment priorities and expected outcomes will not persuade budget holders to allocate development resources. The lack of clarity also deprives policy makers and practitioners of the information, inspiration, and conviction to develop and execute sector plans that could operationalize diversification. Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction: Policy Reforms and Investment Priorities aims to provide that clarity by illustrating the potential of the agribusiness sector to accelerate inclusive growth, create jobs, and reduce poverty. Building on an early finding that this sector provides the best prospects for inclusive growth and more and better jobs, the book identifies the specific agricultural value chains with the highest potential to create jobs, reduce poverty, and improve nutrition outcomes. The findings demonstrate, however, that the value chains with the most potential to pursue one policy objective are not necessarily as effective for other objectives, clearly calling for selectivity of value chains, depending on policy objectives. The book also estimates the level of growth required to meet specific jobs targets and finds that the growth burden is lower when on-farm and off-farm segments of agribusiness grow in tandem and higher if either segment stagnates. It concludes that a whole-of-agribusiness approach that emphasizes coordinated investments between on-farm and off-farm segments is needed to enable the sector to meet its potential in creating jobs and generating inclusive growth.


A Strategy to Develop Agriculture in Sub-Saharan Africa and a Focus for the World Bank

A Strategy to Develop Agriculture in Sub-Saharan Africa and a Focus for the World Bank

Author: Kevin M. Cleaver

Publisher: World Bank Publications

Published: 1993-01-01

Total Pages: 162

ISBN-13: 9780821324202

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For 25 years, population growth has outpaced increases in agricultural production in Sub-Saharan Africa. The lack of food and the degradation of agricultural land have forced policymakers to reassess agricultural strategies for the region. This paper provides such a reassessment by identifying policies and investments that have worked and those that have not. The author sets out the common elements required for agricultural and rural development throughout the region. The strategy presented in this paper comprises elements from several development sectors, including transport, water supply, education, finance, and the environment. The author makes five broad recommendations to promote Region: adoption of policies to promote private sector farming and agricultural marketing, processing, and credit development and distribution of new technologies inclusion of farmers in decisions affecting their livelihood development of infrastructure and social programs in support of agriculture improved management of natural resources Projections of the likely effects of the proposed policies and investments are included. Tables throughout the text present statistics on agricultural growth rates, commodity prices, and deforestation in the region. An annex contains more general tables, with information on population growth and fertility rates, land use, agricultural exports, and droughts. The strategies suggested in this paper will be of interest to policymakers, academics, and to development practitioners involved in African agriculture.