While many African leaders, politicians, captains of industry, etc remains embroiled in the fight for control of her citizens in perpetuity without any strategic developmental blueprint that can take the continent out of the term “Third World”, there still exist few men who believe that Africa can be lifted out of her sorry state with as little as investing in Agriculture to drive world attention that will help her grow.
Prince Ebrahim Sanyang of Gambia is one of such great men who believe otherwise, he believes that investing in Agriculture by providing affordable Equipment in strategic African nations that can be accessible to ordinary African farmers; will boost Agriculture Productivity and Food Security, thereby making Africa less dependent on external aids even when they can fend for themselves.
In this light therefore, Africa’s agriculture industry has received a major boost following a multi-billion USD$ investment pledge into transforming sub-Saharan Africa into mechanized agriculture system.
The move is spearheaded by His Royal Highness Prince Ebrahim of The Gambia, the chairman of Royal Africa Holdings, an Africa focus diversified investment holding company. The investment will establish Agriculture Equipment Manufacturing Plants in strategic African nations. According to the Royal African investor, he will establish 4 major agriculture equipment manufacturing hubs in 4 strategic economic zones of Africa namely ECOWAS, SADC, EAC & CAS.
According to the Crowned Custodian, his aim is “to make mechanized agriculture equipment (Tractors, combined harvesters etc) accessible and affordable to ordinary African farmers citizenry; thereby boosting Agriculture Productivity and Food Security across the continent”
His Royal Highness’s initiative is aimed at complimenting Africa’s collective effort to reduce Africa’s urgent need to reduce and or end current annual deficit of $270Billion food import dependency. The agriculture mechanization investment will therefore increase and contribute to Africa’s agribusiness growth to over $1Trillion threshold by 2030.
The Prince Ebrahim’s regional Africa agriculture mechanisation program will directly benefit entire sub-Saharan African states. The investment will be the biggest Africa focus agriculture investment that will no doubt be major boost towards the sustainability of The African Continental Free Trade Area (AfCFTA) agreement. AfCFTA will create the largest free trade area in the world. The pact connects 1.3 billion people across 55 countries with a combined gross domestic product (GDP) valued at US$3.4 trillion. It has the potential to lift 30 million people out of extreme poverty.
According to sources, high level negotiations are afoot with governments in ECOWAS, Southern Africa Development Countries, East Africa Community and Central African States, towards the final implementation of the investment in suitable countries.