Africa Agriculture

Displaying 109 - 114 of 507

 

How would you evaluate the previous efforts made to support the agriculture sector?

 

Agriculture in Algeria is primarily rain-fed and often suffers from droughts, which have worsened in recent years due to climate change. The government, therefore, has plans to expand irrigation networks to cover 2m ha, or 25% of arable land, by 2021 – 700,000 ha more than the 1.3m ha irrigated in 2018. This need was recognised some years ago...

Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.

How have producers been affected by the financial difficulties that face exporters?

 

The UN Food and Agriculture Organisation (FAO) reports that Nigeria is Africa’s leading rice consumer and one of its largest rice producers. It describes rice as an “essential” cash crop for Nigeria, with small-scale farmers accounting for 80% of production but just 20% of consumption. Shifting consumption trends have seen domestic rice demand...

 

Long a critical sector for the Nigerian economy, agriculture recorded steady growth throughout the country’s recent recession and supported macroeconomic stability against a backdrop of volatility in the global oil market. Although the sector’s workforce, exports and GDP contribution have fallen in recent decades as oil and gas production...

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart