The Role of Agriculture in Zambia’s Economic Development

More than 60 per cent of the labour force in countries across Africa works in agriculture, yet the sector accounts for just 20 per cent of the continent’s gross domestic product. Standard Chartered is a leading international banking group committed to building a sustainable business over the long-term and with a key focus on strategic agricultural development. “IT’S AFRICA’S TIME” travels to Zambia to learn about the bank’s ‘Input Finance’ and ‘Finance Against Warehouse Receipts’ interventions and to review how these financial services, which provide sustainable financing solutions that incorporate small-holder farmers, can play a significant role in increasing productivity in the African agricultural sector.

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