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

Zimbabwe: Short Mugabe address skims State of the Nation surface

Zimbabwe: Short Mugabe address skims State of the Nation surface

President Robert Mugabe of Zimbabwe delivered his State of the Nation address Tuesday, in a short speech that skimmed atop the surface of the country’s spiraling economic and political challenges. In Harare, the 92-year-old Mugabe spoke for just 28 minutes while addressing parliament in a chamber that frequently burst into…

Algeria: Budget plans add to political, economic tensions

Algeria: Budget plans add to political, economic tensions

Algerian teachers and medical workers are threatening strikes as the country’s economic woes linger amid low oil prices, and the government proposes tax hikes and salary freezes to stretch the budget. The three-year economic plan released last month also considers reduced food subsidies, with increases in bread and milk prices. Algerian…

Nigeria’s Barkindo appeals for OPEC output cooperation

African economies dependent on oil revenues continue to struggle with high supply levels and low prices, as representatives of OPEC nations meeting in Algeria Tuesday said it will be November before any decision to limit output and stabilize markets could have an impact on their ailing budgets. Nigerian Mohammad Barkindo,…

Nigeria currency crisis: Naira in a free fall for all

It is no longer news that Nigeria is the biggest market in Africa. Over the past few years, the economy grew at a pace that defied many economic indices to walk the ladder as the number one economy in Africa. However, in recent months, the chicken has come to roast….

Erukilede Julius

Erukilede Julius is a legal practitioner, entrepreneur and energy professional.

Africa Transport and Logistics Sector: an untapped goldmine

The world economy may be passing through tough times with low investment yields. IMF predicted 2016 GDP growth rate at 3.6%, one of the lowest in recent years. The world’s economy may still be driven by instability, as markets come to terms with the global slowdown aggravated by lower economic…

Erukilede Julius

Erukilede Julius is a legal practitioner, entrepreneur and energy professional.

Nigeria: the missing gaps in the new budget

On December 22 2015, the Nigerian President Muhammadu Buhari presented his inaugural N6.08 trillion budget proposal to the joint session of the Nigerian National Assembly. For an administration which ascended to presidency on the change mantra, Nigerians were not surprised at the modestly reflationary budget geared towards the spluttering domestic…

Erukilede Julius

Erukilede Julius is a legal practitioner, entrepreneur and energy professional.

Africa: imports vs domestic production?

For a continent far behind its peers in all strata of economic and social development but with one of the biggest natural and agricultural resources, economy diversification remains a vital step towards a manufacturing continent. But the socio-economic woes, dilapidated infrastructure and epileptic power supply facing the continent have largely…

Erukilede Julius

Erukilede Julius is a legal practitioner, entrepreneur and energy professional.

Shilling depreciation slows Uganda economic growth

The Ugandan shilling’s dramatic slide in the last year is putting the economy’s growth prospects under pressure and may force a rethink among planners of how the economy is structured. At the end of September the central bank quoted a mid-rate of Ushs 3,695.25 to the dollar compared to Ushs…

Paul Busharizi

Paul Busharizi is currently a contributing editor (Business & Politics) at the Uganda's leading daily the New Vision.