Agricultural and Development Banking Assignment 3 Question 2 2

Agricultural and Development Banking
Assignment 3
Question 2
2.1 Importance of the Agricultural sector in Namibia:
Increase employment opportunities – the agricultural sector plays a vital role of creating job opportunities in all sections of the the agricultural projects. Many people who live in rural areas don’t tent to have education nor possess any qualifications, that would get them employed in other sectors but with agricultural projects developed, most employed farmers get the opportunities to earn an income in order to sustain their lives and provide for their families. An increase in this sector assure the country that few or 1/3 of the Namibian population will be employed or have a chance of employment opportunities, and this contributes to the Namibian employment rate to lower.

b)