Africa’s food and agriculture market is expected to reach $1 trillion by 2030, says AfDB

Economy

The Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ), a groundbreaking project aimed at mobilizing at least $2 billion in financing and investment commitments from its members and partners over the next five years.

The Special Agro-Industrial Processing Zones Alliance was launched at the ongoing Africa Investment Forum by a group of founding partners, including Afreximbank, Arise Integrated Industrial Platforms, the United Nations Industrial Development Organization (UNIDO), and the Islamic Development Bank (ISDB).

 

Source: Business Insider

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