This UN agency in charge of food security in the world recognizes that the public sector alone cannot provide the investments needed to really stimulate inclusive agricultural growth in Africa.
"In Africa, the value chain development type of PPP is prevalent because it allows the inclusion and the participation of small scales companies that the government can group to improve the income, the employment and food security which is generally the objective of African government", says Stepanka Gallatova, in charge of infrastructure and agro industries at FAO.
Thus, the expected benefits of public-private partnerships (PPPs) are that they must truly bring innovation to the agricultural sector and also enhance market access and participation of smallholders.
"The work that we are doing with the African Union is really try to support the African domestic private sector becoming more engaged in the agricultural development agenda", Stepanka told Agridigitale in Lome.
Referring to the publicatio, FAO identified a number of challenges that must be met to really favor the local private sector.
These are issues related to among others, the lack of strong institutional and regulatory frameworks for protecting local private sector from transnationals on the one hand, and capacity building and clustering of these smallholders to reduce transaction or to promote market access and financing.
"The government has a big role to play in terms of providing business environment. They may construct lines of regulations regarding to business regulations for example to help domestic companies and also various taxes to encourage the participation of private sector, and also, provide some coaching, some capacity building to facilitate access to lands, market and finance", she added.