Idowu Asenuga, an Agric Expert and Equipment Consultant says the forthcoming West African Agribusiness Show (WAAS) will showcase the rich agricultural heritage of the sub-continent and also contribute to the region’s Gross Domestic Product (GDP).
The show is a convention of participants, including farmers, product research organisations, agriculture equipment and product suppliers and buyers, agric innovators and other stakeholders and decision-makers in the industry from 15 countries in the sub-region.
The participants are drawn from Benin Republic, Burkina Faso, Cape Verde, Niger, Liberia, Sierra Leone, Senegal, Ghana, Gambia, Guinea, Guinea-Bissau, Ivory Coast, Togo and Mali for the event scheduled for Landmark Centre, Victoria Island, Lagos.
Asenuga, the Chief convener of WAAS which comes up February 18 to 20, 2020 declared that West Africa has an abundance of natural and human resources in alignment with the submission of the United States Agency for International Development (USAID), said the region is worthy of being shown off.
The agriculture sector represents approximately 35per cent of the region’s GDP and 60 per cent of its active labour force.
He, therefore, added that following the economic recovery experienced in Nigeria and other West African countries in 2017, growth in the GDP is expected to rise to 3.9per cent in 2019.
During the show which is the maiden edition, Asenuga said the agribusiness industry in the sub-region will showcase the radical development that had been experienced and will serve as opportunity for stakeholders to connect and share ideas, see and experience the latest in equipment and technical know-how as well as supplies and services deployed in the production and processing of agriculture-related products.
He said the experiences of participants at the show will equally lead to a major boost in the further creation and improved management of existing small, medium and large scale farming concerns in the different areas of agriculture like arable farming, poultry, snailery, piggery, apiculture and others.
According to him, the proposed show will give participants the opportunity to create and enhance their brand visibility as well as establish business alliances with potential partners.
This show will bring together stakeholders from across West Africa in order not only to attract new prospects in agribusiness but to make West Africa an investment hub for the agricultural and allied sectors.