As urbanisation continues, the industrial sector is growing, with more people being employed in industry while traditional agricultural employment decreases. However, agriculture continues to play a significant part in the industrial sector through the development of new processing and packaging facilities. Cocoa and cotton, two major exports...
The government has introduced several new policies to enhance the country’s industrial sector and, in turn, enable private and foreign investors to enter the market. While agro-industry remains the country’s largest industrial segment, the authorities plan to develop other industries and export sectors as the country’s population becomes...
West Africa is experiencing a higher rate of inflation due to lingering pandemic-related challenges, as well as Russia’s invasion of Ukraine in February 2022. Constraints on commodity supply chains have dramatically increased the price of several goods, such as food and energy. Meanwhile, sanctions on Russian exports, especially oil and gas,...
By investing heavily in the development of the industrial sector and making national policy more favourable for private investment, the government has helped accelerate the growth of industry. Traditional sectors such as agriculture are being transformed as processing capabilities expand through the development of new industrial zones, adding greater value to the sector. Furthermore,...
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