Nigeria’s renewal: Delivering inclusive growth in Africa’s largest economy

At current growth rates, Nigeria is poised to become a major economic force in the coming decades. The government’s rebasing exercise has shown that the country has clearly emerged as the largest economy in Africa. Nigeria has a huge endowment of resources, a growing consuming class, and rapidly growing trade and consumer sectors to . . . → Read More: Nigeria’s renewal: Delivering inclusive growth in Africa’s largest economy

Agricultural Value Chains in SSA

Agriculture holds the key to broad-based economic growth, poverty reduction and food security in Sub-Saharan Africa (SSA). This is due to the importance of the sector for SSA economies, the extent of rural poverty and the dependence of 50 million small farms on agricultural incomes. It is well documented that growth generated by agriculture . . . → Read More: Agricultural Value Chains in SSA

Accumulation by dispossession, climate change and natural resources governance in Africa

Global economic and political initiatives, allied with national governments and other national and multi-lateral players, are driving a process of massive land alienations in the developing world. The  land  alienations  are  located  in  a  narrative  of  promoting  Foreign  Direct  Investment which will stimulate the modernization of the agricultural sector through large scale commercial farming, and . . . → Read More: Accumulation by dispossession, climate change and natural resources governance in Africa

Trade is a key ingredient in changing farmers’ lives

It has become common knowledge that the agricultural sector is the backbone of the East African countries’ economies and the means of livelihood for most of the rural population. It is the mainstay of the East African Community (EAC) countries directly contributing an average of 26% of the GDP annually to their respective economies, . . . → Read More: Trade is a key ingredient in changing farmers’ lives

Africa agriculture status report

Agriculture in Sub-Saharan Africa still provides a relatively large share of the gross domestic product (GDP), but productivity in the sector lags considerably behind that of other continents, as well as the region’s potential. On average, about 65% of Africa’s labor force is employed in agriculture, yet the sector accounts for about 32% of . . . → Read More: Africa agriculture status report

Looking to 2060

On the basis of 2005 purchasing power parities (PPPs), China is projected to surpass the Euro Area in a year or so and the United States in a few more years, to become the largest economy in the world, and India is projected to surpass Japan in the next year or two . . . → Read More: Looking to 2060