DR Congo encourages investors to support its agribusiness sector

DR CongoThe Congolese government is set to achieve six per cent annual agricultural growth. (Image source: Radio Okapi/John Bompengo)DR Congo held a forum on the Congolese economy between 17-18 November 2014 bringing together officials and investors from the DR Congo and EU working towards the development of the country’s agribusiness sector

According to the Congolese government, the country has enhanced its agricultural and agribusiness sectors through the National Plan for Agricultural Investment part of the Comprehensive Africa Agriculture Development Programme (CAADP).

The 2013-2020 strategy, which consists of a US$5.7bn expansion blueprint, were highlighted during the one-day forum, the company said.

The government is set to achieve six per cent annual agricultural growth, which is expected to lower the country’s poverty rate, added the company.

The National Plan for Agricultural Investment highlights the need for agro-parks, which will stimulate food production, diversify outputs and create non-agricultural rural jobs, the government stated.

The government will invest in infrastructure including roads and electricity, however, it wants the global private sector involved in agri-food to partner in achieving good commercial results for DR Congo’s farming communities, it said.

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