Agriculture

Zambia is rich in natural resources, including fertile land and an abundance of water, and is known for producing crops such as maize, soybeans, and tobacco. The agricultural sector holds immense potential for growth, yet it currently only accounts for 2% of the country's economy. The sector faces several hurdles, including limited access to financing, limited use of modern technologies, and lack of infrastructure; consequently, the sector has experienced negative annual growth rate of -2% from 2019 to 2022.

By addressing these challenges and leveraging the strengths of the Zambian agricultural sector, companies can transform the sector into a major contributor to the country's economy and a source of livelihood for rural communities. By embracing innovation and sustainable practices, Zambia's agriculture sector has the potential to not only become a key driver of economic growth but also make a positive impact on the lives of those who rely on it.

At Red Black Ventures, we believe that unlocking the full value of the Zambian agricultural sector requires a deeper understanding of its unique challenges and opportunities. We keep a close eye on market trends, gather data, and work with businesses to develop effective strategies that help them succeed in the sector.