Browsing: Agriculture

It is critical to strengthen a professional, independent supervision secretariat to make the AfCFTA agreement’s promise a reality. A strong secretariat can assist states in developing strong domestic institutions to administer, monitor, and enforce the AfCFTA. The moment for change has arrived. The conventional development models have failed Africa. The AfCFTA, on the other hand, signifies that Africa is open for business.…

Trading economics’ global macro models and experts’ forecasts indicate Equatorial Guinea’s GDP could reach $12.6 billion by the end of 2022. As such, the long-term trend for the GDP of Equatorial Guinea is anticipated to be about $13 billion by 2023.

Historically, the economy of Equatorial Guinea relied on three commodities: cocoa, coffee, and lumber. However, the discovery and exploitation of petroleum and natural gas in the 1980s radically altered the country’s economic character. As a result, more than four-fifths of Equatorial Guinea’s GDP currently derives from petroleum exports. Nevertheless, the majority of people’s level of living has not changed considerably, and farming remains the predominant source of income.

Nevertheless, the Equatoguinean domestic economy is small, with an estimated population of 1.2 million, despite the country’s membership in the Central African Monetary and Economic Union (CEMAC) sub-region, which comprises more than 50 million people. Notably, the region has a central …

The Central African Republic was the 186th largest exporter in the world in 2020 with a total export value of US$127 million. The country’s exports decreased by US$26.1 million over the past five reported years, from US$153 million in 2015 to US$127 million in 2020.

Rough wood which contributed US$51.9 million in export earnings, gold (US$34.7 million), diamonds (US$14.7 million), sawn wood (US$9.55 million) and refined copper (US$6.66 million) are the most recent export leaders. China (US$50.8 million), the United Arab Emirates (US$37.3 million), Italy (US$12.2 million), Belgium (US$6.84 million), and France (US$4.5 million) are the Central African Republic’s top export markets.…

Nations launched the AfCFTA as one of the actions made to support more extensive intra-African trade. The AfCFTA aspires to establish a unified continental market for goods and services. The agreement seeks to harmonise the continent’s various trade liberalization procedures and promote regional integration. Each African nation is a member of at least one of the continent’s approximately 30 bilateral or regional trade agreements.

Africa suffers from marginalization in the global trade system. Nevertheless, the African Regional Trade Agreements heralded a new age of economic integration with significant trade creation impacts. The path to free trade poses several significant obstacles and concerns that African governments must solve.…

Africa’s fast population growth exacerbates the issue. According to most estimates, Africa’s population will double by 2050 and then double again by 2100, finally reaching over 4 billion by the end of the century. Feeding Africa’s rising population will need considerable breakthroughs in the continent’s food systems.

However, agricultural progress may be difficult if African farmers are subjected to more severe climatic effects. To prepare for these future difficulties, one must understand how climate change will materialize in Africa and its impact on the continent’s agricultural systems.…

On the backdrop of increasing global demand for cashew nuts, the government of Tanzania is now subsidizing agro-inputs for farmers of the crop.

According to global market trends, demand for edible cashews is on a drastic rise riding on the back of increased consumer consciousness of the nut’s high nutrient value. Cashews are consumed whole as a snack but due to the increased market response to its high nutrient value, producers are now increasing their value chain through various products.

• Tanzania issues free agro-inputs to cashew nut farmers
• The world cashew market growing rapidly
• China government launches national campaign for daily consumption of nuts

Cashews can nowadays be found in almost all of your daily treats in energy bars, cookies, chocolates, and even ice creams. Grown across several continents, demand for cashew is highest in Asia where it is used as the main ingredient in various dishes as well as …

Changes in the global food chain provide essential opportunities to enhance the profile of integrated thinking in Africa. Because these measures will benefit the whole planet, a collective responsibility remains necessary. Landscape-based initiatives and the scaling out of agro-ecological systems and restorative agriculture must be prioritized by African member states.

There should be cross-border collaborations in critical landscapes. Non-African partners and enterprises must also invest in regional systems strategies, focusing on yield and advancing all ecological systems. As investment in Africa’s agricultural industry grows, steps must be taken to avoid negative environmental consequences.

Everyone wants to live in a world with a healthy planet and people and planet. In Africa, this means people with access to healthy diets, economic growth, and development possibilities while interacting with the continent’s unique natural environments.…

• The summit that will be held from Tuesday, July 19, until Friday, July 22, will focus on economic recovery post-COVID-19 pandemic
• The 2022 summit is being held under the theme “Building Forward Together” and will explore investment opportunities amid rising inflation and high cost of living
• Morocco had in 2020 been selected by the CCA Board of Directors to host the conference, which was cancelled due to the COVID-19 pandemic
• It’s the first time Corporate Council on Africa (CCA) organised the summit on African soil

Only a few Kenyans are aware of the entire extent of the law’s punitive nature, which has remained hidden from the public. The farming communities in Kenya who are aware of it are shocked that no public engagement was carried out prior to the adoption of this statute. 

Greenpeace Africa’s Campaigner, Claire Nasike, says that the Kenya government has failed to do what it was supposed to do, which was to make laws to protect the ownership of native seeds, knowledge about these seeds and the intellectual property rights. The current laws on seeds support neo-colonialism and could make it easy for multinationals, big businesses, and other profit-driven organisations to steal local resources. 

Kenya’s 2010 Constitution has made it clear that indigenous seeds, which are also called “informal seeds”, exist and need to be protected. This is done by requiring parliament to pass laws that protect the ownership of indigenous …

Africa’s role in the world economy derives from its economic importance to the rest of the world in international trade and as a destination for international investment. Africa has recently become home to the largest free trade area in the world, both by area and by the number of countries.

As economies have been hard hit by the Covid-19 pandemic, the Africa Continental Free Trade Area (AfCFTA) holds economic promise for the continent. The AfCFTA comprises 55 countries with a population of 1.3 billion and combined GDP of about $3.4 trillion. Business leaders and observers regard economic and regional integration as essential for accelerating Africa’s manufacturing, e-commerce, and digitization to reduce an over-reliance on imports, especially from China.

However, there is still much more to do as major components of the agreement still must be negotiated, between many countries and regional economic communities. Moreover, according to the IMF, removing non-tariff …