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Browsing: Agriculture
Smartphone adoption in Africa remained sluggish in the latter part of the last decade. This is beginning to change as a combination of pandemic-driven demand for better connectivity and improved affordability of smartphones drive uptake.
According to a report by GSAM, by the end of 2020, 495 million people subscribed to mobile services in Africa, representing 46 per cent of the region’s population, an increase of almost 20 million in 2019. It is estimated that 615 million people in sub-Saharan Africa will subscribe to mobile services by 2025, equivalent to 50 per cent of the region’s population.
- Utilizing the development of mobile digital technologies can assist farmers in gaining access to essential data and information needed to solve certain farming management systems and underlying constraints.
- It is estimated that 615 million people in sub-Saharan Africa will subscribe to mobile services by 2025, equivalent to 50 per cent of the
Ruto’s bottom-up economics plan, as described in his manifesto, appealed to the electorate all over the country. The high cost of living and the rising commodity prices have mainly caused despair and hopelessness among those at the bottom of the economic pyramid.
Ruto’s promises, if realised, might give significant relief from poverty and insecurity, notwithstanding the current catastrophic drought, weak institutions, and worldwide economic instability.
Ruto’s victory is thrilling for the most vulnerable members of Kenyan society. Still, if the incoming president fails to deliver on his campaign promises, political confidence will be difficult to regain, and social unrest will likely occur in the long term.…
The World Bank estimated the value added in Gabon’s agriculture, forestry, and fishing sectors to be 6.404 per cent of GDP in 2020, a good sign to invest in Gabon.
Gabon imports the bulk of its cereal requirements through commercial channels, with cereal imports accounting for approximately 90 per cent of the total cereal utilization. Imports of cereals in 2021 were estimated at a slightly below-average level of 171,000 tons, including about 110,000 tons of wheat and 55,000 tons of rice.
Gabon is facing escalating agricultural food prices, especially wheat since the war in Ukraine began in February 2022. To keep domestic wheat prices below 25,000 CFA, the government formally budgeted a subsidy of 4,700 CFA (US$7.55) per 50-kg bag to the country’s wheat importers, led by France’s Société Meunière et Avicole du Gabon company.…
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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.…
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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.…
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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.…
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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.…