Theme: Fostering a sustainable, globally competitive and inclusive natural ingredients sector in Africa.
Africa's bio-resources industry has large economic and growth potential, presenting unique opportunities for all African economies. In South Africa alone, the industry was projected to grow by 500% per year by 2018, with both its domestic and export potential also being recognised as similarly large and fast growing.
It is, therefore, recognised that the growth of Africa's bioprospecting industry is not constrained by the market, both on the continent and globally. However, it is recognised that the industry is constrained by several supply factors.
It is to be expected that the growth in the market for bio-resource based products will be accompanied by certain associated challenges. The report by South Africa's Department of Environmental Affairs captures the likely challenges and necessary responses thereto thus:
Increasing demand for bioprospecting products will place these wild resources at increasing risk in the future. It is important to develop suitable resource plans for each key species, to develop harvesting practices, consistent permitting requirements and effective monitoring systems.Date:
20 November 2020 to
21 November 2020Time:
09:00 - 16:00Venue:
Asanda BukulaCompany name: Osiba ManagementTelephone number:
+27 11 024 4730Email address az.oc.abiso@adnasa