Edwin Soko (Senior Journalist), Mwanza Tanzania
Investment in ICT infrastructure should be a priority, as it could have wide-ranging impact to African economy which depend much on agricultural production and this will enhance to modern agribusiness policies in Africa.
Walter Mayer, CEO and founder Progis SA, said that, a technology firm specializing in applications for agriculture in rural areas to foster modern agricultural instead of traditional agriculture which provides small number of harvest and time consuming approach.
Mayer said that today Africa had to import food but by harnessing technology this could change in a short period. One of the challenges though was stakeholder cooperation. Nevertheless Mr Mayer believed that “ROI in agriculture could be tremendous if it is done correctly, and big, but you cannot do it small.
Ms Herbst, an energy expert with 30 years experience mainly at Eskom, South Africa’s national power utility, is also a non-executive director of Africa GreenCo, added that , we need public private partnership, to act as an intermediary and increase private sector investment in energy generation in sub-Saharan Africa by mitigating the credit risks. Creditworthiness of off-takers is of the big challenges for the sector, said founder and CEO Ana Hajduka who is “hoping to prove that you can leverage much more private sector capital.
“Nothing is easy in Africa, and solving the energy challenge will require multiple diverse interventions,the intensity of this power debate is a clear indication of the challenges and opportunities ahead. Through its proposed European External Investment Plan, the European Union is committed to playing its role in the future of Africa. The plan will be launched at the 5th Africa-EU Summit in Abidjan, Ivory Coast in November” said Ms Hajduka , an energy expert with 30 years experience
According to the press release given by EU- Africa business forum named Investment Pitches, Power Challenges and a Digital Future aimed to describes the EU-Africa Business Forum’s Investment Pitches session, which was first held in 2014, //euafrica-businessforum.com/sites/default/files/sessions_debate_afternoon.pdf
Another forum called The 6 th EU-Africa Business Forum will be held on 27 November 2017 in Abidjan, Cote d’Ivoire, host country of the 5 th African Union-European Union Summit.