Foreign Investment Opportunities for Agriculture
This meeting will focus on the importance of strengthening and enhancing the negotiating capacity of government officials in charge of negotiating and/or drafting agricultural investment contracts in Common Market for Eastern and Southern Africa (COMESA) and East African Community (EAC) member states.
Agriculture plays a crucial role in trade and regional integration and remains an important sector in sustaining most economies of COMESA member states. Indeed, 60 per cent of the population depends on agriculture for their livelihoods and employment. However, agricultural potential in the COMESA region continues to be immensely unrealized. Some of the key reasons for African agrarian stagnation include, but are not limited to: inconsistent and distorting policy, lack of clarity about land title, relative absence of technology, the vagaries of climate change and chronic underinvestment in the sector.
This three-day training workshop in Nairobi, Kenya, will cover reflections on how to use and implement legal and policy tools to promote sustainable and responsible investment in agriculture.
The main goal of this meeting is to engage and provide a platform for dialogue among the negotiators and develop concrete and practical legal and policy tools for them on how to better integrate legal and policy options for FDI in agriculture. The specific objectives include:
- Understand how to implement key international and regional initiatives for responsible investment in agriculture, in particular the CFS Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI) and the LPI Guiding Principles for Large-scale Land-based Investments (LSLBI). The impact of multiple land tenure systems on investment and the various roles of land as a source of livelihood and a tradeable commodity are cardinal for attracting investment.
- Explore different business models for investing in agriculture, including contract farming, out-grower schemes, joint ventures and long-term land leases.
- Learn how to screen and evaluate investment projects for the agriculture sector.
- Learn the role of agricultural growth poles to attract investment and promote sustainable development perspectives.
- Present the draft EAC model contract for farmland investments and explore opportunities to implement this legal instrument.
For more information please view the agenda.
February 11-13, 2018