Browsing: African agriculture

Tanzania President Samia Hassan delivers speech with US Vice President Kamala Harris when the latter visited the US in April 2021. Photo/CFR
  • According to the US review has maintained a solid macroeconomic foundation, sound fiscal policies, and rich natural endowments.
  • The report credits Samia’s administration for its ‘strong regulatory framework, sound macroeconomic fundamentals and creation of a vibrant financial market.’
  • the US recognizes Tanzania’s favorable investment policies under president Samia Suluhu Hassan.

Tanzania’s President Samia Suluhu Hassan promised reforms to improve the country’s business climate when she came into power in 2021 and singled out attracting foreign investment as a key priority. Suluhu’s shift in policy to attract investment will be part of the discussion with US Vice President Kamala Harris who visits the country this week as part of a three-state visit by Harris.

“This commitment to increasing investment has continued throughout her tenure and economic issues remain at the forefront of the administration’s policies, strategies, and goals,” notes the U.S. Department of State.

Absa Bank Africa Financial Markets Index 2022 …

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African agriculture has remained resilient despite the recent health crisis occasioned by the Covid-19 pandemic.

Unlike food insecurity which has persisted on the continent for decades, the continent has been relatively successful at stemming the virus which has claimed millions worldwide. Unlike in other cases, the continent has- especially in West Africa- had particular success at stemming the rate of infection. There is no conclusive reason as to why this has been the case.

However, continent-wide, the virus that remains elusive at getting a cure is hunger.

Read: Ecosystem degradation costs Africa USD 68 billion yearly

Africa has the potential to become the breadbasket of the world yet it is spending an estimated US$ 35 billion a year importing food. With this reality, stakeholders are getting together to pull Africa out of this perennial inadequacy.

In January, more than 100 European and African actors signed a charter of commitment to …

Women Farmers The Exchange

Across the Global South, agriculture is essential to livelihoods for the majority of women at the base of the pyramid (BOP). Modernising agribusiness value chains in climate-smart ways will be a key element in building emerging economies, combating food and income insecurity, and mitigating the impacts of climate change. This modernisation must take a gender-progressive approach, which requires a shift in the investment landscape to better integrate gender, from capitalising women-led companies to ensuring women farmers are empowered across the value chain. Not only are such approaches vital to SDG 5 (Gender Equality), they are directly relevant to climate action and building sustainable economies.

The impact of climate change on agricultural production has been well-documented, from the shifts in average temperatures and rainfall patterns to ozone and mineral concentrations in the atmosphere and soil – but the relationship goes both ways. Agriculture is a significant driver of climate change, with …