Analysis: From Supply to Demand: Changing the Approach in Africa’s Food Economy
Focusing on the demand side of the food economy in the continent could be the panacea to food shortage in Africa, posits Boston Consulting Group (BCG).
The global consulting firm insists that the model that has always been relied upon by the continent, where the supply side of the food economy has been the focus by stakeholders (including policymakers), could be changed for a long-term solution.
In research written by Zoë Karl-Waithaka, a Partner at BCG, and Chris Mitchell, Shalini Unnikrishnan and Tolu Oyekan, all Managing Directors & Partners at BCG, the firm warns that the continent may continue to suffer perennial shortages if proper interventions are not made to address a style that has not helped the continent develop food security.
Photo courtesy of Simone D. McCourtie / World Bank.