The Indian International Agriculture Consulting Group / IACG / to inter in Joint venture to Co – Organizer with the Ethiopian Trade Fair organizer Falcon Industrial Marketing to Host Agritech Ethiopia Exhibition and its concurrent Event VLPEx Africa (AGRO FARM) with the support of The Ethiopian EFDRE Ministry of Agriculture and Livestock Resource. Both parties will go jointly to present the Growing Agricultural Trade Fair in Addis Ababa Ethiopia in the coming 2020.
They sign the partnership agreement in April 30 – 2019 in the presence of the two companies CEO’s - Dr. Dinesh Chauhan from IACG and Mr. Yonatan Mulu from Falcon and they have appointed to do more and to meet in the coming event presents by IACG “AGROWORLD India International Agro Trade and Technology Fair 2019 from 5 – 8 November 2019 | IARI Pusa Campus | New Delhi”.
The Indian IACG / International Agriculture Consulting Group was founded in 2010, with the mission to provide competent consulting services to support agriculture and agribusiness sector by delivering sustainable solutions to projects in agriculture, agribusiness and allied sectors development worldwide and to bring great value to clients by forging partnerships in agriculture transformation.
IACG has the vision to be most preferred agribusiness consulting group from India on food security concerns, policy planning and strategy framework towards sustainable agriculture.
The partnership between the two parties will go to connect and empower the Indian and the Ethiopian Agri Market as a Trade Bridge.
Agritech Ethiopia is a premier Agricultural Technology Expo in Addis Ababa Ethiopia which annually organized by Falcon Exclusively and experienced to promote the modern and innovative approach in Agriculture and Horticulture field under one roof in Agritech expo. The expo has been attract top-notch Agri innovators, new Farming systems, traders, Agritech companies from the world, Import Exporters, potential investors and many other stakeholders under one roof he to play a fundamental role for the development of the Ethiopian Agribusiness Industry and market, in the heart of east Africa Addis Ababa the most vibrant market place and strategic hub of the region market.
Ethiopia is a landlocked country split by the Great Rift Valley. It is located in the Horn of Africa, bordering six (6) countries: Djibouti and Somalia to the East, Eritrea to the North and Northeast, Kenya to the South and Sudan and South Sudan to the West.
With a population of 94 million (2013) growing at annual rate of 2.5% in 2014, Ethiopia is the second-most populous country in Africa (Moller, 2016). The country is the place of origin for the coffee (Arabica) bean and sometimes referred to as the land of natural contrasts, home to vast fertile West, jungles, and numerous rivers, and also the world’s hottest settlement of Dallol in its North. The real gross domestic product (GDP) growth averaged at 10.9% between 2004 and 2014, which has leapfrogged and positioned the country to become a middle-income country by 2025, after being the second poorest country in the world in 2000 (Moller, 2016). Powered by considerable public infrastructure investment, Ethiopia has witnessed a rapid and stable economic growth, in addition to a decrease in poverty to 30% from 44% in the past decade.
Agriculture is the mainstay of the Ethiopian economy, contributing 41.4% of the country’s gross domestic product (GDP), 83.9% of the total exports, and 80% of all employment in the country (Matousa, Todob, & Mojoc, 2013). Put in perspective, Ethiopia’s key agricultural sector has grown at an annual rate of about 10% over the past decade; much faster than population growth. Other important sectors are service and industrial sectors contributing 43% and 15.6% respectively (The World Factbook, 2016). On agriculture expenditure related metric, Ethiopia has dedicated an annual investment of about 14.7% of all government spending to the agriculture sector since 2003. Ethiopia is among the few African countries that have consistently met both the African Union’s Comprehensive Africa Agricultural Development Program (CAADP) targets of 10% increase in public investment in agriculture by the year 2008 and boosting agricultural production growth by 6% at least by 2015.
Although agriculture is one of Ethiopia’s most promising resource, the sector has been slowed down by periodic drought, high levels of taxation and poor infrastructure that often make it hard and expensive to get goods to market. Also, overgrazing, deforestation and high population density has led to massive soil degradation leading to low productivity. The above problems have made it hard for the country to feed itself—best exemplified by the dramatic 1984-85 famine. Since then, the country has experienced similar occurrences that expose a sizeable population to humanitarian needs. As things stand, over 3 million Ethiopians need food and other humanitarian assistance annually (SIDA, 2015). However, a critical look at the sector shows a high potential for self-sufficiency in grains and also for the development export especially for livestock, vegetables, fruits and grains. Further, many other economic activities depend on agriculture. These include processing, marketing and export of agricultural products among others.
Ethiopia has about 51.3 million hectares of arable land. However, just over 20% is currently cultivated, mainly by the smallholders. Over 50% of all smallholder farmers operate on one (1) hectare or less. Smallholder producers, which are about 12 million households, account for about 95% of agricultural GDP. Agricultural production is mainly subsistence, and a large portion of the country’s commodity exports is provided by the small agricultural cash-crop sector.