Location – Cairo, Egypt
Date – 9 April 2019
Attendees – 30+
Egypt Agribusiness Roundtable
Global competitiveness for export-led growth. Supporting Egypt’s Agriculture sector
Export-led growth propelled countries to higher levels of economic growth over the past two decades, but the imbalances driving some of this growth will have to change in the future.
New models and schemes are needed to ensure continuous support to export-led growth across the globe and the African continent is no exception.
Egypt’s agricultural exports recorded about $1.2 billion during 2017/2018. Egypt exported about 4 million tons of agricultural products, compared to 3.8 million tons in the previous year, marking a 5 percent increase. In 2017, Egypt’s agricultural exports increased 3 percent to reach $2.2 billion, compared to $2.1 billion in 2016.
Such figures demonstrate the importance of the Agriculture sector in the economy as well as Egypt’s potential to become an Agriculture export powerhouse.
The African Business Roundtable will bring together the Egyptian Government, multilateral and finance development partners as well as leading Agribusiness players in the country to discuss critical issues relating to agriculture and agro-processing, constraints the sector faces and the policy design, implementation and framework requirements so that the sector can truly thrive.
The Business Roundtable will primarily focus on the following key issues:
- Ease of doing business – key actions to support export-led agribusinesses;
- Egypt’s competitiveness – cost and quality of output;
- Trade and export finance – ensuring close cooperation between businesses and lenders.
The African Business Roundtable is a strategic initiative of African Business magazine. This is part of a series of Roundtables we are organising leading on to African Green Revolution Forum 2019 that we are running in different countries across the continent.