The livestock sector is a pillar of the global food system and a contributor to poverty reduction, food security and agricultural development. It contributes 40% of the global value of agricultural output and supports the livelihoods and food and nutrition security of almost 1.3 billion people (World Bank, 2019). The sector has shown an increase in demand in the African continent due to rapid population growth thus paving a way for livestock-based investment opportunities resulting in an increase in livestock farming systems and value chains.
African Livestock is contributing to people’s livelihoods through numerous channels: income, food, employment, transport, draft power, manure, savings and insurance, social status, etc. In addition to these, the continent is utilizing the sector in exporting livestock and its products to enhance the annual income of the continent.
Africa’s population is likely to grow by a staggering 1.3 billion people – the largest growth of any region in the world, including Asia, which currently has about 60 percent of people on the planet. Projections for 2025 are 1.486-billion and the region will more than double in population, from 1.1 billion to 2.4 billion by the year 2050. The urban population growth in Africa is the fastest in the world. Urban inhabitants are expected to reach 744 million by the year 2030 raising the share from 14.4 percent in 1950 to reach 47.7 percent by the year 2030. These increases in numbers show high urban growth rates of above 3% per year, which double the urban population in 24 years, which is 2025. This growing urbanization will further amplify the growth in demand for livestock products.