Sectoral Policies

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19-Jun-2000

Agriculture and Rural Development Sector AfDB Group Policy

After nearly two decades of severe economic decline resulting from several factors, including external shocks and domestic economic mismanagement, Africa’s economic recovery has been gaining momentum over the past four years. Despite the encouraging signs of this renaissance, the growth rates are still not strong and broad-based enough to make a significant impact on the incidence of poverty in the continent. Overall economic performance continues to remain vulnerable to adverse external shocks arising from lower international prices for some key primary commodities, unfavorable weather...