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African agriculture market shifts to mechanisation, ready for expansion

African agriculture market shifts to mechanisation, ready for expansion

Mubasher: The $2.9 billion agriculture tractor market in Africa is expected to achieve a compound annual growth rate of 5.1% from 2019 to 2024, according to a report released on Thursday by ResearchAndMarkets.com.

More and more African countries are pushing for mechanised agriculture systems due to the limitations associated with traditional methods of farming in terms of energy and operational output, the report said.

“The African continent has been witnessing strengthening economic developments since the last decade. The economic prosperity has been leading to a shift towards farm mechanisation.”

Operating less than 2 tractors per 1000 ha of agriculture land, African countries have the least mechanised farming systems of all continents.

Furthermore, there are several factors that are limiting the adoption of mechanisation in Africa, including limited access to machinery and spare-parts supplies; inadequate service centres and skilled repair mechanics; and political instability.