The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic, which preceded the commodity price boom, underscored the risk of over-reliance on an industry subject to fluctuating global demand. This has created fresh impetus for economic diversification, with robust public finances providing a strong platform to...
Food security became a central priority for many emerging markets in 2022, against the post-Covid-19 pandemic backdrop of supply chain shocks, natural disasters and high commodity prices.
Economic update | OBG Talks: Sustainability at the heart of African agriculture (in French)
Bernardo Bruzzone, Regional Editor for Africa at Oxford Business Group, speaks with Professor Bruno Gérard, Head of the Agrobiosciences department at Mohammed VI Polytechnic University (UM6P), about the opportunities and challenges present nowadays in the African agriculture sector.
With per capita fish consumption having doubled in the past six decades, aquaculture is becoming more important in combatting food insecurity. Recent innovations seek to improve sustainability and productivity while assuaging quality concerns.
Saudi Arabia has undergone significant reforms to foster growth and diversification. While some initiatives were delayed during the Covid-19 pandemic, progress in areas such as the digital economy accelerated. Aided by elevated oil prices in 2022, strategies underlined in Vision 2030 continue moving forwards, and the Kingdom today presents ample opportunities for foreign investors, underpinned by efforts to boost private sector participation in the economy.
Articles & Analysis | How focus on value added boosts Côte d’Ivoire’s exports from The Report: Cote d'Ivoire 2022
Côte d’Ivoire’s agriculture sector, responsible for approximately one-fifth of the country’s GDP and employing two-thirds of the population, is a key part of the economy, as well as the social, cultural and political fabric. The sector is also significant at the global level, exporting cocoa, cashew nuts, palm oil, bananas, coffee, rubber and cotton worldwide. Indeed, Côte d’...