JAPAN-AFRICA
BUSINESS FORUM 2021
SESSION 2 “FEED AFRICA”
MR. REBONENG MAKOAINVESTMENT CLIMATE REFORMS MANAGER,LNDC (LESOTHO NATIONAL DEVELOPMENTCORPORATION)LESOTHO’S DEVELOPMENT PRIORITIES
2nd National Strategic Development Plan priorities :1.
i.

Agriculture and agro-processingii.

Manufacturingiii. Technology and Innovation
iv. Tourism

LNDC Strategic Plan 2018 – 2023 priorities:2.
i.

Agriculture and agro-processingii.

Manufacturing

3. Lesotho is also in pursued of Sustainable Development Goals (SDGs); Africa

Agenda 2063 – African Development Bank’s high Fives; SADC; and SACU
development goals.

OVERVIEW OF LESOTHO'S INVESTMENT & TRADE WITH JAPANLesotho exported US$381,000.
US$381,000.

Lesotho exported US$204,000.
US$113,000 of Fish (55% trout), 45%Apparel and others.

US$343,000 of Fish (90%trout); 10% Apparel and others
others2017

Japan exported US$10,156,000 toLesotho.

2018

US$78,000 Apparel and otherclothing (100%).
Japan exported US$10,792,000
US$10,792,000 to Lesotho(mostly vehicles andcomponents).

2019

UNIQUE SELLING POINTS OF LESOTHO’S AGRICULTURE & AGRO1.
Preferential tradeagreements create export opportunities for a wide range ofPROCESSING
SECTORS
Lesotho produce.

2. Membership of SADC and the SACU confer trading benefits for Lesotho.
3. Labour availability and low unit cost gives Lesotho an advantage over its regional

competitors.

4. Lesotho has plentiful supplies of pure water to support the growth of crops and foodprocessing.

5. The Government of LESOTHO strongly supports the agricultural sector and is eager tosee it grow;i.

10% Corporate tax

ii.

Inputs subsidies

iii. Infrastructure support
6. Lesotho is well endowed with agricultural produce and crops are harvested two tothree weeks earlier than South Africa.

INVESTMENT OPPORTUNITIES FOR JAPANESE SMES IN LESOTHO’SAGRICULTURAL VALUE CHAINS AND POTENTIAL PARTNERSHIPS WITH
RURAL COMMUNITIES:
Opportunity

Trade
Agreements

Target Export
Markets Served

Japan SME Linkages

Medicinal Cannabis
Cannabis

AGOA, EPA,SACU, GSP

USA, EU, China,Japan

Hemp

EPA

EU

Organic Vegetables
Vegetables

SACU, EPA, AGOA SACU, EU, USA
AGOA

Cereals (Grains)

SACU, AGOA, EU

SACU, USA, EU

Spices & Herbs

GSP, SACU, EPA,AGOAChina, Japan, SACU,
SACU, EU, USA

1. Investment (FDI, JVs)
2. Production technology
and knowhow for AsianMarkets
3. Agro-processing
technology and knowhow
knowhow for Japan andand Asian Markets
4. Packaging technology
5. Marketing (agents) anddistribution partnerships

INVESTMENT OPPORTUNITIES FOR JAPANESE SMES IN LESOTHO’SAGRICULTURAL VALUE CHAINS AND POTENTIAL PARTNERSHIPS WITH
RURAL COMMUNITIES:
Opportunity

TradeAgreements

Deciduous Fruits

SACU, AGOA,EPA, Japan, China
China

Target Export
Markets Served

Japan SME Linkages

SACU, USA, EU, GSP 1. Investment (FDI, JVs)
2. Production technology
and knowhow for Asian
Markets
Game Birds &SACU, AGOA, EPA SACU, USA, EU
3. Agro-processing
Organic Poultry
EPAtechnology and knowhow
Pig/Hog Production SACU, AGOA, EPA SACU, USA, EUknowhow for Japan andProduction
EPAand Asian Markets
Game Birds &SACU, AGOA, EPA SACU, USA, EU
4. Packaging technology
Organic Poultry
EPA
5. Marketing anddistribution partnerships
Cold-Fresh water
SACU, AGOA,SACU, USA, EU, GSP
Aquaculture (trout, EPA, Japan, China

WE PROMOTE AND FACILITATE PARTNERSHIPS AND LINKAGESWITH LOCAL ENTERPRISES AND RURAL COMMUNITIESTHANKYOU!!

Contact us:

LESOTHO NATIONAL DEVELOPMENT CORPORATION (LNDC)
Block A, Development House, Kingsway Road, Maseru 100, Lesotho
Private Bag A96, Maseru 100, Lesotho+266 22 32 2012+266 22 31 0038
itp@lndc.org.ls / info@lndc.org.ls
www.lndc.org.ls