Agriculture holds a critical role in providing the sustenance we rely on daily. It's estimated that agriculture contributes approximately 10% to the global GDP and engages around 40% of the global workforce. Moreover, agriculture acts as a key driver for economic progress in many nations, providing employment, income, and aiding in poverty alleviation.
The Maysen Group Trust (MGT) has made significant investments, both direct and indirect, in agricultural projects, with a particular emphasis on developing countries. MGT foresees food security as a major investment focus for the next two decades. Its investments in agriculture include:
Empowering Local Farmers: MGT supports local farmers by providing access to financing, training, and technical assistance, enhancing their productivity and profitability, and enabling them to address challenges posed by climate change.
Enhancing Food Security: MGT invests in projects aimed at improving the availability and accessibility of food. This involves initiatives to improve irrigation, develop new crop varieties, and reduce post-harvest losses.
Increasing Crop Yields: MGT invests in research and development of innovative agricultural technologies to boost crop yields while minimizing environmental impact.
MGT's agricultural investments are guided by principles of sustainability, inclusivity, and economic viability. This means supporting projects that are environmentally sustainable, benefit small-scale farmers and marginalized groups, and have the potential for economic returns.
MGT firmly believes that investing in primary agriculture is crucial for achieving sustainable development. By supporting local farmers and enhancing food security, MGT contributes to building a more prosperous and equitable future.
To date, MGT has invested nearly $500 million in projects across South Africa, Zambia, Malawi, Kenya, Uganda, Indonesia, and Malaysia.
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