The document summarizes six underappreciated facts about African agriculture with implications for poverty reduction and growth strategies: 1) Farm sizes are small and declining, limiting potential for productivity growth through new technologies. 2) Most rural households are net buyers of staples and higher-value diversification is crucial. 3) Retail food prices are declining due to investment in informal markets. 4) Supermarkets account for a small share of food expenditures and traditional markets remain important. 5) Food markets experience policy unpredictability that hinders private investment. 6) Reallocating agricultural budgets toward long-term investments in R&D, extension, and infrastructure could better promote growth than short-term subsidies.
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