The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
Measuring the pulse of Economic Transformation in West Africa
West Africa is at the heart of Africa’s transformation. With a projected growth rate of 7.4 per cent in 2014, it is the fastest growing region in the continent. As many of its countries undergo a strong stabilization, emerge from conflict, or even rise to middle income status, the region begins to reap the fruits of its regional and global integration. A global demand for expert opinions and analysis is rising rapidly. Read More
L’Afrique est à la croisée des chemins avec la mise en œuvre des objectifs de développement durable (ODD). Située au centre de l’attention des experts du monde du développement et des décideurs - comme l’a montré la récente 71e Assemblée générale des Nations Unies, la transition ODD-ODM nous mène à un constat de « non-évolution ». Les différentes conceptions énoncées ainsi que les multiples indicateurs proposés n’ont pas permis d’atteindre le développement durable nécessaire pour l’Afrique. Manque de pertinence des données disponibles ou déficit de coordination ? Une chose reste constante et incontournable : l’Afrique ne pourra atteindre un développement durable et tendre vers l’émergence, que si elle prend en charge, elle-même, sa propre transformation économique.
The populations of Togo (7 million) and Switzerland (8 million) are quite similar. Likewise, the area covered by the two countries is not too different – 56,785 km2 for Togo and 41,285 km2 for Switzerland. On the other hand, Togo has 12 times more agricultural labour force than Switzerland and, despite this, Switzerland is well ahead of Togo in terms of consumption of fertilizers per hectare (15 times), number of agricultural machines used on arable area (4,000 times), productivity of cereals per hectare (6 times) and consequently of value added per agricultural worker (32 times) . This means that a kilo of cereal produced in Togo is valued five times (32/6) more when produced in Switzerland due to product quality, compliance with norms and standards and market vicissitudes.
On the occasion of World Food Day, the Sahel and West Africa Club Secretariat (SWAC/OECD), in collaboration with the Economic Community of West African States (ECOWAS), the West African Economic and Monetary Union (UEMOA) and the Permanent Inter-State Committee for Drought Control in the Sahel (CILSS), is launching a film dedicated to the Food Crisis Prevention Network (RPCA). The objective is to raise awareness about the success of the Network, which for 30 years has been engaged in the fight against food and nutrition insecurity in the Sahel and West Africa.
Coffee is a universal drink with considerable economic impact. It is the most traded agricultural product in the world in terms of volume, coming before wheat, and the second raw material, in value, after oil. World coffee consumption is measured in bags. Current consumption is 140 million bags and is expected to reach 175 million bags by 2020. In the meantime, we therefore need to produce an extra 35 million bags, most of which will be of robusta coffee.
The latest FAO Food Outlook Report, the organization’s biannual report on global food markets, points out to a new acceleration of food prices, namely wheat, meat and rice. This trend reverses the international food decline experienced in the past 10 months. This is particularly visible in the region’s key food items: wheat, rice, and traditional staples like millet, sorghum and cassava.