Agribusiness in Africa: Unlocking the business potential of smallholders

Agribusiness in Africa: Unlocking the business potential of smallholders

Agribusiness and agriculture are primed to be the catalysts of Africa’s economic transformation and development in the coming years. According to the World Bank, they are both expected to form a USD $1 trillion industry by 2030 in Sub-Saharan Africa whilst representing 45 percent of the continent’s GDP. Considering the connection between…

Benjamin K. Musampa

Benjamin Musampa is a research associate at l'Observatoire des Amériques

IMF recommends USD$150 million in funds for Benin

IMF recommends USD$150 million in funds for Benin

The International Monetary Fund has announced its recommendation for USD$150.4 million in funds to boost economic growth in Benin. An IMF team spent a week in Cotonou at the request of Benin’s government and completed their mission on Wednesday  While there, IFM representatives led by Norbert Toé met with President Patrice Talon,…

Tanzania: Dar es Salaam water, transport boosted by World Bank

Nearly 2 million people in Tanzania are expected to benefit from newly approved World Bank financing for improvements in the East African country’s water services and infrastructure. The USD$225 million will come from the International Development Association (IDA), through the Second Water Sector Support Project, the World Bank said in…

FOCAC follow-up: African diplomats visit #China to mark anniversary

At the Forum on China-Africa Cooperation (FOCAC) in Johannesburg a year ago, Chinese President Xi Jinping pledged a $60 billion economic package that essentially tripled China’s commitment in Africa. To mark the anniversary of the historic 2015 FOCAC summit, a group of African diplomats spent this week in China’s Fujian province….