The President and Chief Executive Officer, Earth Alive, David Gilmour, has said that African agriculture and food industry is currently worth US$310 billion, about N61.76trillion and has the opportunity to grow substantially to US $1 trillion about N199.2 trillion by 2030, NaijaAgroNet reports.
He said, African agriculture represents nearly half of the continent's economic activity and the industry is pro-actively looking for safer, healthier and better fertilizer technologies to meet the accelerating demand for organic growing.
“The African agriculture and food industry is currently worth US$310 billion and has the opportunity to grow substantially to US $1 trillion by 2030, offering the prospect of a three-fold increase: bringing more jobs, greater prosperity, less hunger, and significantly more opportunities which will enable farmers in Africa to better compete globally,” he said.
Mr. Gilmour also said his office is receiving accreditation for its innovative microbial biofertilizer - which helps produce larger and healthier crops - will be beneficial to organic and traditional farmers in Africa, and is a critical step for Earth Alive to unlock this enormous market opportunity as we continue to expand registration in new markets globally," Gilmour stated.
Earth Alive Clean Technologies Inc. which aims to be a key player in world markets of environmentally sustainable industrial solutions, recentlyannounced that it is in the process of completing product registration for its patent-pending microbial biofertilizer in West Africa and Southern Africa. This arduous and lengthy registration process is necessary for the commercialization of fertilizers and agricultural inputs in most countries worldwide, and the Company anticipates having product registration approval by early 2016.
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