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
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.
West African economies are large commodity producers and many of them are top suppliers worldwide. Côte d’Ivoire and Ghana alone account for about 60% of the world’s cocoa production; Guinea-Bissau together with Côte d’Ivoire, Nigeria and Senegal account for 40% of world cashew production, not to mention the importance of oil production in Nigeria alone.
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- UN Women, West and Central Africa
- The Trade Post | Making international trade work for development
- Institute for Security Studies: West Africa
- Oxfam: West Africa blog
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- NEPAD blogs | NEPAD
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- Baobab | The Economist
- United Nations Office for West Africa
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