It is highly unlikely that a manufacturing industry of any significance will emerge in any of the agriculture-based countries in the foreseeable future. Agriculture in these countries must not only guarantee the supply of food, but also act as the driver of economic development. To do so, it needs a modern agricultural sector which creates many jobs and at the same time attracts foreign businesses with the capital and expertise needed to produce for the global marketplace.

Dr. Christoph Kessler
KfW Entwicklungsbank
Frankfurt, Germany
Christoph.Kessler@kfw.de