Agro opportunities lie in crop farming, aquaculture, horticulture, livestock and food processing.
Lesotho’s population largely depends on subsistence agriculture for their livelihoods. Over the past three decades, the contribution of agriculture to the Gross Domestic Product (GDP) has declined from around 20% to some 7%, comprising of 2.3% arable agriculture and 4.1% livestock.
Although the current status does not show significant contribution of agriculture to GDP, the sector holds immense potential towards contributing to economic growth through generating employment and reducing poverty levels.
The Government of Lesotho (GOL) has made it part of its priorities to advance commercial agriculture as one of the growth poles. In alignment with the national strategy, LNDC has alo intensified its efforts to promote investment in this area.
The Lesotho National Development Corporation (LNDC) is the main parastatal of the Government of Lesotho charged with the implementation of the country’s industrial development policies.
“The mandate of the Corporation is to initiate, promote and facilitate the development of manufacturing and processing industries, mining and commerce in a manner calculated to raise the level of income and employment in Lesotho.” more...
Lesotho National Development Corporation
Block A, Development House, Kingsway Street
Maseru, Lesotho, 100
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