Working Paper 33: Agribusiness Investment in Agricultural Commercialisation: Rethinking Policy Incentives in Africa
This paper examines the motivations of agribusiness investment, the effectiveness of government and donor policy incentives
Abstract
Governments in sub-Saharan Africa and their donors have made business investment a major policy goal, supported by a variety of incentives designed to support business investment in agriculture. However, little is known about the factors which influence agribusiness investment in Africa, and how effective these incentives have been. This paper examines the motivations of agribusiness investment, the effectiveness of government and donor policy incentives, and the relevance of these incentives for 4 different commercialisation pathways. Empirical evidence is drawn from Ethiopia, Malawi and Ghana to determine whether commercialisation pathways have emerged as a result of investments that have been incentivised by such policies.
This work is part of the APRA (Agricultural Policy Research Policy in Africa) Programme
Citation
Ayele, S.; Thorpe, J.; Ayele, G.; Chingaipe, H.; Teye, J.K. and O’Flynn, P. (2020) Agribusiness Investment in Agricultural Commercialisation: Rethinking Policy Incentives in Africa, Working Paper 33, Brighton: Future Agricultures Consortium