Agriculture

As governments across West Africa prioritise their textile industries to drive post-pandemic recovery, a number of private sector initiatives are supporting the segment’s growth.

The trade dispute between Qatar and some of its neighbours in 2017-20 served to strengthen the country's food security, spurring it to ramp up domestic production capacity and diversify global trade partners.

The African continent accounts for around 6% of global sugar output, half of which is concentrated in COMESA countries – a figure that is set to expand to 8% by 2029. While local production takes place on a relatively small scale, countries in the region are among the world's largest net exporters.

In a world in which radical climatic events are increasingly affecting farm production, agricultural insurance is coming to be seen as a key solution for producers to bolster economic and food security.

For many countries across Africa, agriculture remains one of the most important sectors of the economy. Agriculture accounts for 14% of total GDP in sub-Saharan Africa, and a majority of the continent’s population is employed in the sector.

This Growth & Recovery Video highlights the important aspects of the recently launched Agriculture in Africa 2021: Focus Report, published in partnership with OCP Group