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Contextual Issues on Agribusiness

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Agribusiness for Economic Growth in Africa

Part of the book series: Palgrave Advances in Bioeconomy: Economics and Policies ((PABEP))

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Abstract

Agribusiness is a term derived through the combination of the words “agriculture” and “business”. In its simplest term, agribusiness encompasses farming and farming-related commercial activities involving steps required to send an agricultural commodity to market, ranging from production, processing to distribution. It (agribusiness) is a term used to describe all economic activities that relate to farming, ranging from breeding, inputs supplies, production/farming, farm machinery, distribution, marketing, and sales. By its nature, agribusiness development is critical for socioeconomic transformation of Africa and thus African governments must create robust and enabling policy framework to help remove existing constraints on agro-industrialization and encourage investments. This is critical in ensuring that the right combination of agricultural, industrial, and trade policies is available to encourage sufficient production of raw material as well as the efficient distribution of produced products. This constitutes both a necessary and sufficient conditions for job creation and poverty reduction across Africa.

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Author information

Authors and Affiliations

  1. School of Applied Economics and Management Sciences, University for Development Studies, Tamale, Ghana

    Margaret Atosina Akuriba

  2. IIRACS, University for Development Studies, Tamale, Ghana

    Mamudu Abunga Akudugu

  3. Department of Strategy and International Business, Surrey Business School, University of Surrey, Guildford, Surrey, UK

    Abdul-Razak Alhassan

Authors
  1. Margaret Atosina Akuriba
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  2. Mamudu Abunga Akudugu
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  3. Abdul-Razak Alhassan
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Correspondence to Margaret Atosina Akuriba .

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Atosina Akuriba, M., Abunga Akudugu, M., Alhassan, AR. (2021). Contextual Issues on Agribusiness. In: Agribusiness for Economic Growth in Africa. Palgrave Advances in Bioeconomy: Economics and Policies. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-88759-9_1

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  • DOI: https://doi.org/10.1007/978-3-030-88759-9_1

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-88758-2

  • Online ISBN: 978-3-030-88759-9

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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