Promoting Commercial Agriculture in Africa

Slideshow Transcript

1. Slide 1:Business for Development 2008: Promoting Commercial Agriculture in Africa 26th May 2008 OECD Tokyo Centre Denise Wolter Economist 1
2. Slide 2: Why Focus on African Agriculture? • Dominant economic sector in many African countries • Essential role in poverty reduction and economic development • Current food price crisis highlights the need to modernise African agriculture The future of Africa is closely linked to the sustained development of agriculture. 2
3. Slide 3: African Agriculture 2008 Reasons To Be Concerned • Low productivity  In 2006, the African average cereal yield was only 40 per cent of the Southeast Asian average • Food availability went down  Since 1990, food availability per capita has decli