An historic staple of West and Central African agriculture, palm oil production on the continent began to decline in the 1960s as African governments prioritised oil and mineral extraction over agriculture. At the same time, the establishment of large-scale oil palm farms in Asia pushed down the price of imported palm oil products, prompting a further decline in Africa’s...
With a tropical climate and arable land to spare, Gabon has significant potential to expand agriculture, yet the sector remains largely underdeveloped. At present production is dominated by cassava and plantain, the output of which reached 300,000 tonnes and 285,000 tonnes, respectively, in 2012. The World Bank estimates that value-added agriculture contributed 4% of GDP...
Although Morocco’s economy is comparatively welldiversified, the agriculture sector still plays a significant role in terms of rural development. The sector accounted for 13.2% of GDP in 2011, rising to 15% in 2013, and provided roughly 40% of total employment, with millions more indirectly reliant on it. As a result, the government’s agricultural strategy, the Green Morocco...
As a direct result of the global slowdown, regional unrest and weaker demand in the EU, Morocco’s budget deficit widened to 7.7% in 2012, its highest level since 1990. This can largely be seen as a result of falling foreign direct investment and exports, as well as increased social spending over the past few years. In grappling with this...
While Morocco is a major agricultural exporter to Europe, as evidenced by a glance at the produce aisle of any large supermarket, one popular type of fruit is rarely exported outside the country: dates. Historically, the country has consumed more dates than it has produced, but activity in the segment is expected to be revived under a new...
Although it boasts a comparatively diversified economy, Morocco’s primary sector still plays a significant role in terms of job creation, trade, rural development and overall headline GDP. At present, agriculture contributes around 15% of GDP. In 2013 the sector accounted for 39.4% of total jobs and 72.7% of rural jobs. Agricultural goods...
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