Africa Agriculture

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The renowned Egyptian cotton industry, considered the international luxury standard for centuries, is experiencing a renaissance after several challenging years. With prices and global demand both on the rise, Egypt is hoping to ride the wave of this renewed popularity to a lucrative export market.

Chapter | Agriculture from The Report: Egypt 2018

Agriculture remains an important part of the Egyptian economy, and a long-standing priority for the government has been to shift the agricultural balance of trade, with the country possessing the second-highest agricultural import expenditure as a share of export revenues in the region, at over 35%. To this end, improvements to irrigation systems and water management protocols have been...

As Egypt enters 2018, a newly liberalised local currency and the recent implementation of a much-anticipated investment framework have left the country well positioned for continued economic expansion: the IMF expects GDP growth to reach 4.5% in 2018 and accelerate to around 6% over the medium term.

The Ghana Cocoa Board (COCOBOD) has outlined plans to sell bills and notes to fund a nationwide cocoa-replanting programme, in an effort to boost yields following an outbreak of disease.

 

Citrus fruit production has seen notable growth in recent years. However, the segment struggles to take full advantage of expanding output due to a lack of packaging facilities, which has led to losses and a drop in quality. The authorities are promoting supply chain coordination and integration to address these issues.

 

Accounting for 15% of GDP in 2016, agriculture remains a key contributor to Morocco’s economy. The sector generates nearly 40% of employment and over 10% of exports, while the kingdom is the world’s top exporter of capers, white beans and argan oil, and is third in canned olives, and fourth in tomatoes and clementines.

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