Key Agribusiness Themes: Middle East & Africa
BMI View: This quarter, we believe that the region's key themes will pertain to investment into the continent and growing food consumption. We believe investment in Africa will increase in the coming years, particularly in terms of palm oil production. However, challenges remain, as illustrated by Asia's foray into agriculture investment in the region, and the threat of rising food price inflation. We see opportunities amid the underdevelopment in African agriculture and specifically highlight the potential for African cotton production.
For this quarter's Middle East and Africa regional overview, we highlight in particular palm oil production, Asian investment, and global food price inflation. Below, we focus on five key medium- and long-term themes across the region.
1. Strong Growth Potential For African Cotton
|Selected Countries/Region - Forecast Cotton Production Growth, % change (2013-2018)|