TELECOMMUNICATIONS AND ICT

Agriculture is the practice of growing crops, livestock, fish, trees, and other living organisms for food or other products. Agriculture has a long history, with humans beginning to farm plants about 11,000 years ago.

Agriculture and Agribusiness

Agribusiness is a combination of the words "agriculture" and "business". It refers to commerce in farming and farming-related activities, covering the production, processing, and distribution of farm-based goods. Companies in the agribusiness industry comprise all aspects of food production. 

Agribusiness encompasses the economic sectors for farming and farming-related commerce. It involves all the steps for getting agricultural goods to the market, including production, processing, and distribution. The industry is a traditional part of any economy, especially for countries with arable land and excess agricultural products for export. 

Challenges of Agribusiness

Countries with a large farming sector face constant pressure from global competition. Products such as wheat, corn, and soybeans are commodities that are similar wherever they are grown, making one's area's product easily replaceable by another's if it can get to market at a lower price. Remaining competitive requires agribusinesses to operate more efficiently, often involving investments in new and smart technologies, new ways of fertilizing and watering crops, and new ways of bringing goods into the global market.

Global prices of agricultural products can change rapidly, making crop planning complicated. Farmers may also have less arable land to work with as suburban and urban areas expand into the farm regions.

Climate change is perhaps the greatest common challenge for agribusinesses worldwide. It is one of the industries most affected by and also involved in propelling climate change. Estimates vary widely but nevertheless show the depth of the challenge: agribusiness worldwide accounts for about 17% of the world's greenhouse gas emissions, helping to drive the rise in global temperatures.

At the same time, agribusiness is also heavily impacted by the volatility in average temperatures and rainfall, as well as extreme weather. Heat waves, droughts, extreme storms, and wildfires (all exacerbated by climate change) can cause damage to crops and threaten livestock. Rising temperatures can threaten growing conditions for crops and could limit production in many regions, while the growing global population is increasing the demand for food. As of today, 10 June 2024, the rise in temperature and extreme heat in Africa have almost detroyed more than the third of production of Cocoa, meaning that the price of Chocolate will become more expensive.

All this represents a major challenge for agribusinesses, which face pressure to adopt more sustainable production methods. Finding ways to reduce emissions and adapt to a changing climate will be key to future success.

MDACI's Solution Offerings for the Agriculture Industry

MDACI / MDACI CONSORTIUM is committed to providing the most advanced and highest-quality solutions for sustainable economic growth of your agricultural and farming business, including:

• • Developing your agribusiness to bankability and financeability, including allied business activities such as food processing plant, wood processing plant and-all.
  • Modernizing your agribusiness to full mechanization with advanced, trendy and smart equipment and tools.
  • Helping you access funds and invest in modern farming techniques.  
  • Fostering collaboration between governments and communities.
  • Providing the best solutions for the development strategy of your products, customer relationship managments, market intelligence support and business research reports and performance strategy, etc.
  • Empowering smallholder farmers.
  • Adopting climate-smart practices.
  • Supplying inert solvents, co-solvents, and colours for crop protection.
  • Providing the best fertilizers, micronutients and the right seed treatment solutions to achieve optimal yield and high-quality of your crops business. Micronutrients are produced to act as plant nutrition and provide healthy growth and yield of a plant.
  • Supplying advanced, smart, high-quality and safe agricultural and farming technologies, equipment and tools, including greenhouse supplies, landscape and hardscape equipment and tools, netting and fencing equipment and accessories, indoor growing and hydroponics supplies, gardening equipment, growing and propagating supplies, composting and vermiculture supplies and homestead products.
  • Securing crop, soil and water testing supplies, including many other laboratory equipment and accessories.