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Agricultural equipment manufacturer, AGCO, held its fourth annual AGCO Africa Summit in Berlin, Germany

Tractors-AGCOAGCO Africa discussed the private sector's involvement in the growth of Africa's agriculture sector at a summit held in Berlin, Germany (Image source: AGCO)

The summit, which discussed Africa’s agricultural development driven by the private sector, is a joint initiative of AGCO Bayer CropScience, DEG-Deutsche Investitions- und Entwicklungsgesellschaft and Rabobank.
“Ensuring food security is the top priority for many African Governments who struggle to afford imported food for their rapidly growing populations while significant amounts of their arable land is not used,” said Martin Richenhagen, chairman, President and chief executive officer of AGCO.
“Developing strong partnerships across the value chain will be critical in achieving this goal and we each have an important role to play – governments, the private sector and development agencies. AGCO’s focus is on promoting sustainable mechanization in Africa,” added Richenhagen.
This years event opened its doors to representatives across Africa’s agricultural sector including Joaquim Alberto Chissano, former President, Republic of Mozambique; Sir Quett Ketumile Joni Masire, former President Republic of Botswana; and Christian Schmidt, federal minister of Food and Agriculture, Germany.