The future of Africa’s food manufacturing sector is looking bright due to rising disposable incomes and an expanding population. However, to remain competitive like Feronia, companies need better food processing facilities and infrastructure, says Eric Juncker, MD of Resulta Exporters said in the 2019 Africa Outlook Magazine.
Over the past years, Africa’s food and agri-processing sector has become a key economic contributor, with the industry’s value expected to rise to $1 trillion by 2030, the Africa Agriculture Status Report shows.
Juncker, who has been working with agri-food companies including palm oil producer Feronia for three decades, isn’t surprised. “From edible oils, dairy and juice to flour producers: Africa’s agri-food sector is growing by the day, in both volume and value,” he says.
There are, however, challenges. African food processors don’t always meet global quality standards due to ageing infrastructure. “This prevents them from exporting and growing,” Juncker explains. “The EU, for instance, is very strict regarding how goods are manufactured.”
Africa’s agri-food community is acknowledging this. Resulta Exporters, as a result, has become an increasingly popular equipment partner. “From mega-firms like Feronia, for who we supplied a state-of-the-art 30-tonnes per hour mill in the DRC, to smaller businesses: ventures from across Africa want us to help them enhance their processing operations with cost-efficient European quality equipment, supplied at shorter lead times,” Juncker says.
Another advantage is that Resulta focuses on Africa and is based in Africa. Juncker: “This means we truly understand Africa.”
To view the 2019 Africa Outlook Magazine, click here.