Top 5 issues African economies must focus on in 2020

Charles Ayitey Jan 2, 2020 at 09:00am

January 02, 2020 at 09:00 am | Money Moves, Opinions & Features

Charles Ayitey

Charles Ayitey

January 02, 2020 at 09:00 am | Money Moves, Opinions & Features

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Inclusive and Sustainable Agriculture

Agriculture has been the backbone of the African economy. Even though many countries in Africa are diversifying from being agrarian to industrial, the benefits of Agriculture cannot be overemphasized.

With rising populations and the threat of climate change, there have been calls for economies in Sub-Saharan Africa to do more in making the agriculture sector more inclusive and sustainable. Even though the Agriculture sector makes up for 32 per cent of Gross Domestic Product (GDP) in Africa – offering an economic potential for reducing cycles of poverty and providing jobs, especially for vulnerable populations, the sector has been somewhat neglected in the wake of the discovery of new resources such as oil.

This cycle has thus seen Africa cut short from being a net exporter of commodities to a net importer of food products in modern times.

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