The Organization for Economic Cooperation and Development argues that, though the oil and metal boom is a windfall for African producers, it risks pushing the region back into a commodity corner, harming efforts to foster diversification.
percent; far above the 22.3 percent which was set as its Millennium Development Goals.
Africa's high population growth, deteriorating natural resource (forests, water, soil) base, a penchant for internal conflict and a notoriously variable climate (and now climate change) pose the most intractable threat to the continents ability to sustain, much less increase the current economic growth rate over the long term.
With little of off-farm employment opportunities, nearly 70 percent of
Below 0.07 ha, farmers must employ highly intensive and generally expensive agricultural methods such as use of inorganic fertilizers, pesticides and irrigation. It is not surprising that nearly 300 million people in
opportunity. If they are healthy and adequately trained, they constitute a powerful engine for domestic growth and poverty reduction.
According to the Comprehensive Africa Agriculture Development report prepared for NEPAD by FAO in 2002, soil nutrient depletion represents a significant loss of natural capital valued at an estimated US$1 billion to 3 billion per year. In the Nyando
Climate change may have a graver effect on
WFP warned that almost 10 million people in six countries;
How pessimistic! You must be saying. The point of this is to highlight the fundamentals that set the real pace and direction of economic transformation for the continent. The key insight to be gained is that there is real work to be done by Africans to get the continent on a firm and confident trajectory of sustainable economic growth. Culturally tuned policies aimed at advancing women's health and rights must be implemented to manage the high population growth.
There must be action on environmental policy and regulation to reverse land degradation and manage the effects of climate change.
savings and investments.
The fight against HIV/AIDS must not be lost. The patterns of death in the ruling echelons now reflect the mortality patterns of the general population. According to the Institute for Democracy in