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How Forestry contributes to the African Development Bank's 'High 5s' Priorities: challenges and opportunities
African forests span over 21 to 23 percent of the continent’s total land mass. However, forest endowments vary across the different regions and countries of Africa, with far higher proportions in the continent’s central and southern regions. The analysis in this paper provides greater evidence of the numerous contributions of forestry to the African Development Bank’s High 5 development priorities. The paper stresses that forestry has tremendous potential to contribute to the green economy and increase household as well as state revenues in African countries. It further pinpoints that the realisation of these opportunities depends on the governance of the forest industry, the ways in which forests are managed, the need for increased local value addition to primary forest products, and the need to promote intra-African trade in forest products.