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Working Paper 72 - Technology Transfer for Agriculture Growth in Africa
As the 20th century rolled into the 21st century, the moment has come to step back from regular daily problems and think how agriculture sector growth in the African countries could be accelerated. How could poverty be significantly reduced in shorter time frame at least cost? If the world economy is growing and technological means are available, why are the African countries still experiencing poor economic performance and widespread poverty?
Billions of dollars have been invested in Africa to develop and stimulate the growth of the agriculture sector during the past three decades. Yet it is widely recognized that little was achieved in motivating agricultural sector growth in spite of the large volume of investment in Africa. Weak institutions and internal economic policies are usually blamed for the poor performance. However, there is an increasing observation that the form in which international assistance provided is considered partially responsible for the poor economic performance.