Zimbabweans remain largely a rural people who derive their livelihood from agriculture and other related rural economic activities. It provides employment and income for 65 % of the population, supplies 60 % of the raw materials required by the industrial sector and contributes 40 %of total export earnings.
Agribusiness is Zimbabwe’s untapped goldmine and a major potential source of business. According to a World Bank report, Africa’s agribusiness industry is expected to be worth $10 billion by 2030 if there are no political upheavals in the country. With over 60% of poorly managed arable land, Zimbabwe surely has the potential to become the world’s biggest exporter of food products if the sector is lifted by the government and investors.
Africa’s one billion people provides a huge and ready market for agribusiness.
Yes, it is true that companies may take the view to avoid major the farming sector investment until the dust settles on the direction of land tenure laws in Zimbabwe - but agro-processing is not the sector to avoid.
Climate conditions are favorable, with more than 10,000 dams with water, water resources are available for agriculture (however as from April 2019 low Kariba Dam levels are causing problems with power generation) and educational level is high, all a good base for Zimbabwean agriculture opportunities - including machinery and mechanisation, irrigation systems, processing, packaging, seed science and insurance among others.