Agribusiness And Its Importance In Today’s Economy

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As you might have imagined, Agribusiness is a combination of two words “Agriculture” and “Business” and it refers to the enterprises and field of study of several interrelated value chains in agriculture and bio-economy. Agribusiness involves all the necessary steps from the production, processing, and distribution of agricultural produces.Claim Your Content Creation Checklist.

From the point of view of food production and sufficiency in the African market, what can we benefit from an in-depth understanding of Agribusiness and the present-day agricultural practices?

How much food is really produced in different African countries, say in Nigeria for example? What kind of food is been produced and what are the data saying:

  • the marketing analysis,
  • the pricing, and
  • the challenges of the local farmers?

With me to reflect on these questions today is Dr Ikechi Agbugba, an academic, researcher and specialist in Agricultural Economics, with expertise and a keen interest in Agribusiness and Food Security.

In 2014, Dr Ikechi won the Postdoctoral Fellowship Award on a collaborative study with the Agricultural Research Council (ARC) and the Department of Agricultural Economics & Extension, University of Fort Hare.

Listen to Dr Ikechi Agbugba in this video and leave your comment below

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More about Dr Ikechi Agbugba

Since part of his duties as a postdoc was to co-supervise PG candidates (especially Masters and Doctorate degree) students, he successfully produced over 10 PG students. More so, he gained experience with a World Bank-Assisted Project in Ikeja, Lagos State, Nigeria.

Among his guest professor roles in academia, he features as a guest lecturer on ‘Food Security and COVID-19 Effects on the Vulnerable’ to the College of Medical Sciences, University of Guyana, Southern America. He serves as Academic Advisor for Agro-Food Networks and Food-log on Nigeria’s agriculture sector development with headquarters in the Netherlands.

Previously, he served as Deputy Vice President, Agrilink International Inc. with headquarters in the USA (Publishers of the Nigerian Agriculture Magazine).

Presently, he plays diverse roles as Director or Senior Advisor & Member of Administrative Board for a good number of international networking volunteer organizations such as the Association of African Future Leaders (AAFL); African Youth Diaspora Organization (AYDO); African Diaspora Development Institute (ADDI); African Council for Trade, Tourism and Investment (AfCOTTI); Tomatoes and Orchard (Horticulture) Producers Association of Nigeria (TOPAN); Youth International Conclave (YIC) for United Nations Economic Scientific Cultural Organisation (UNESCO); AgriEn (an initiative for Zambia’s agriculture sector); and the Dandelion Technologies (A Rwanda-based IT Company promoting AgriTechs in Africa).

He also consults as Professor and Partner with Green Leben Initiative, GLI (a German-based Company) involved in building capacities of smallholder farmers in Africa in driving transformation. Dr Ikechi is a Co-founder Director, as well as Research and Development/International Coordinator for Africa Agriculture Agenda (AAA), a Pan African Agro-Media company that features & publishes stories of Africa’s agriculture economy potentialities, championing business collaboration towards the transformation of agriculture/agribusiness sector.

More so, he served as Advisor for Agriculture Sector Development of Canada African Network-Africa Trade Action Group (CAN-ATAG).

In addition to that, he is a senior academic playing role as lecturer/researcher in the Department of Agricultural and Applied Economics, Rivers State University, Port Harcourt City, where he trains and mentors both undergraduate and postgraduate students of agriculture and applied economics.

His vision is geared towards contributing his expertise to the ongoing transformation through modern and sustainable agriculture in sub-Saharan Africa (SSA) and other developing economies.


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Obehi Ewanfoh

Hi! I’m Obehi Ewanfoh. I’m a full-time content creator in Verona, Italy. I am the host and creator of Obehi Podcast, African Docs Project, AClasses Media, and some helpful niche websites. We help content creators from creation, promotion to the Monetization of their content