Browsing: Global Value Chain

Africa dependency for supply of crucial needs like food must be changed through diversification of sources and investing in its own regional specialization for production of goods and services. Photo/UNCTAD

Africa must diversify its food sources to reduce dependency

Countries

As countries and entire regions react to the global pandemic by seeking to strengthen their resilience, they will, on one hand, cut dependence on sourcing  or at least diversify their sources and on the other hand, improve their own responsiveness to demand.

That is where agriculture technology comes in, because what is bound to happen is shorter supply chains will emerge and Africa food security will be undermined.

The continent, while prioritizing transport infrastructure will do well by investing in human resource development and agriculture technology to diversify Africa food sources and Africa food security. The future is in automation, so if a country has the needed human resource it can invest in developing value chains tended by a more technical labour working its agriculture technology.

To build Africa food security, the huge population of Africa youth can offer great competition to the rest of the world if it is …

A section of the SGR under construction by the Chinese at the Ngong site. The Chinese target infrastructure as their primary FDI projects in countries they invest in. www.exchange.co.tz

Africa: FDI gloom continues in 2021

Economic Growth

In the years from 2014 and 2018, China was Africa’s biggest FDI source estimated at 16 per cent of all FDI into the continent. The Chinese represented the main source of FDI into the continent with the United States and France holding eight per cent of the total FDI.
With Covid-19 hitting the continent in March 2020, the cascading health and economic challenges on the continent has significantly affected FDI inflows.…