Often referred to as the backbone of Ghana’s economy, agriculture has traditionally been the largest sector and the biggest employer in the country, bolstered by diverse commodities and strong ties to European markets. However, agriculture’s economic contribution has dwindled as the sector has shown low growth in recent years. Its contribution to GDP fell in 2012, totalling 22.7% of GDP, compared...
Africa Agriculture
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Chapter | Agriculture from The Report: Ghana 2013
The Republic of Ghana has experienced two peaceful handovers of power in the two decades since it has returned to civilian, multiparty democracy and has gained a deserved reputation as a bastion of stability. However, in recent years, it has been the country’s economic performance in the headlines.
Chapter | Agriculture from The Report: Cote d'Ivoire 2013
After years of underinvestment and mismanagement, the government has launched a series of reforms and initiatives aimed at putting the agricultural sector back on track towards profitability and sustainability. Indeed, Côte d’Ivoire has a vibrant agricultural sector that has played an integral part in its national economy since the country gained independence in 1960. The sector accounted for...
A leading cocoa producer and exporter of low-cost power, Côte d’Ivoire is one of the more economically diverse and mineral-rich countries in West Africa. The country is a member of ECOWAS and the Economic and Monetary Community of Central Africa, as well as party to several international trade agreements, which help improve macro stability.
Chapter | Agriculture from The Report: South Africa 2013
Despite some challenging circumstances, the South African agricultural sector continues to perform robustly. In the first quarter of 2013, the agriculture, forestry and fisheries sector comprised 2.2% of real GDP. The country’s major farming segments in recent years have included cattle, dairy, poultry, sugar and maize. In terms of turnover, as many as 10 of the top 20 agribusinesses in South...
With a long-established track record as the continent’s largest financial platform and one of the world’s biggest mining producers, South Africa has significant economic clout in the region.