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Subject: Business Studies
Chapter: Forms of Business Organisation
Topic Name: Farmers Cooperative Society (2.29)
Points covered in this video –
How cooperative society helps farmers in business?
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Recently, a three year old agric-technology startup, acquired a sixteen year old agribusiness. Farmcrowdy, the pioneer of digital Agric-crowdfunding venture acquired Best Foods (L&P), an agribusiness group of over 16 years that is focused on the processing of livestock, farming, and marketing of agricultural produce. Why should you care? These words from the President of African Development Bank will tell you why. He said and I quote, “the next generation of millionaires and billionaires in Africa will be farmers”.
Currently, more than 60 percent of the population of sub-Saharan Africa is smallholder farmers, and about 23 percent of sub-Saharan Africa’s GDP comes from agriculture. Yet, Africa’s full agricultural potential remains untapped. Keep watching to learn more interesting facts about the undeniable opportunities in agriculture across the continent; And how you can take advantage of these opportunities. If you are new here, welcome. Please consider subscribing to After School Africa for more educative videos like these.
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