Lesotho is one of the poorest countries in Southern Africa, and has one of the highest income inequality in the world. Home to about 2 million people, Lesotho is surrounded by South Africa, the second largest and most industrialized economy in Africa. Lesotho generates income mainly by exporting textiles, water, and diamonds, and is a member of the Southern African Customs Union (SACU), the Southern African Development Community (SADC), and the Common Monetary Area (CMA). The national currency, the loti, is pegged to the South African rand.
This Country Partnership Framework (CPF) for Tunisia, prepared jointly by International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) covers the period Fiscal Year (FY) 2016 through FY 2020. The CPF is anchored in the Government of Tunisia’s September 2015 Note d’Orientation Stratégique and the WBG’s October 2015 Strategy for the Middle East and North Africa Region.
The rural space is home to 53 percent of Nigeria's population and more than 70 percent of its poor. While it is well understood in Nigeria that financial exclusion of the rural population stunts development, still fewer than 2 percent of rural households have access to any sort of institutional finance.
This study, competitiveness of the value chain of the agricultural sector in Cameroon, aims to help the Government achieve its objectives for the rural sector. The main objective of this study was to provide information on the potentials, investment and growth policies of commercial agriculture in Cameroon. It gives an overview of the constraints and analyzes the national, regional or international competitiveness of six value chains of the agricultural sector. This paper examines family and large agro-industrial farms from different regions of Cameroon.
This report summarizes the findings of the Nigeria Agriculture Public Expenditure Review (NAGPER). The NAGPER was undertaken to achieve four main objectives: (i) establish a robust data base on public expenditure in the agricultural sector; (ii) diagnose the level and composition of agricultural spending in the recent past; (iii) understand the budget processes that determine resource allocation in the sector; and (iv) draw preliminary policy recommendations for agriculture. These objectives are admittedly modest.
This report presents an update on the economic challenges facing Ethiopia with a focus on the shared goal of accelerating equitable growth. The starting point is the Government's own Plan for Accelerated and Sustained Development to End Poverty (PASDEP), which is in the process of finalization, and is designed to cover the period 2005-2010.
Market access has been identified as one of the foremost factors influencing the performance of small-scale producers in developing countries, and in particular least-developed countries. Smallholder access to markets for higher-value or differentiated agricultural and food products (hereafter HVAF) is recognized as a vital opportunity to enhance and diversify the livelihoods of lower-income farm households and reduce rural poverty more generally (World Bank 2007a).
This report provides a short summary of the recent history of the seed industry. Although the informal seed system still accounts for an estimated 85 percent of planted seed, the formal sector has been transformed in 20 years from control by a monopoly parastatal to competition among 23 registered companies, with at least 5 or 6 being serious players. Significantly, the relief seed industry that dominated and distorted the formal seed trade during the Northern Uganda conflict has withered away, leaving room for a sustainable, market-driven seed industry to develop.
Despite myriad challenges, Kenya has emerged in recent years as one of Africa’s frontier economies, with headline growth in the most recent decade propelling the country toward middle-income status. Less well understood is how risk dynamics associated with production, markets, and policy adversely impact sector performance, in terms of both influencing ex ante decision making among farmers, traders, and other sector stakeholders and causing ex post losses to crops, livestock, and incomes - destabilizing livelihoods and jeopardizing the country’s food security.
Botswana has been one of the worlds fastest growing economies over the past 50 years, allowing the country to move from being among the poorest to upper middle income status - this has had the effect of pulling the majority of the population out of poverty. While Botswana is rightly praised for its management of resource wealth, it is apparent that the high levels of investment by government (in health, education, and infrastructure) are not delivering quality outcomes, making it increasingly difficult to meet the objectives of growth, diversification, and poverty elimination.