‘Our Economic Policy will be predicated on our agriculture which is the mainstay…’ said Zimbabwe President Emmerson Mnangagwa in his inaugural speech in November 2017, setting a new tone for agricultural development in the country. While reiterating that the principles that led to land reform cannot be “challenged” or “reversed,” he called for a “commitment to the utilization of the land for national food security and for the recovery of our economy.”
The informal sector is a large part of employment in African cities. The International Labour Organization estimates that more than 66% of total employment in Sub-Saharan African is in the informal sector. With a pervasive informal sector, city governments have been struggling with how best to respond. On the one hand, a large informal sector often adds to city congestion, through informal vending and transport services, and does not contribute to city revenue. Furthermore, informal enterprises are typically characterized by low productivity, low wages and non-exportable goods and services. On the other hand, the informal sector provides crucial livelihoods to the most vulnerable of the urban poor.
Is the era of industrialization and manufacturing exports growth miracles – a period of rapid economic growth exceeding expectations, last seen in East Asian countries, most notably in China – over? If you listen to Harvard’s Dani Rodrik, the answer seems to be: pretty much! Does that mean, Africa, the only continent which hasn’t seen rapid export-led manufacturing growth, would not have many growth miracle stories?
Since the Edelman company began tracking trust with its Trust Barometer, never has the world seen such an “implosion of trust.” In 2017, two-thirds of countries fell into “distruster” territory with trust levels of below 50 percent. Governments are now distrusted by investors in 75 percent of countries, and the same is the case for business in 46 percent.
Despite much progress over the last two decades, girls still have lower levels of educational attainment on average than boys at the secondary school level in Uganda. In part this is because many girls are married or have children before the age of 18—often before they are physically and emotionally ready to become wives and mothers. Educating girls, ending child marriage, and preventing early childbearing is essential for girls to have agency, as future wives and mothers, and for Uganda to reach its full development potential.
Six years after independence, South Sudan remains one of the world’s most fragile states, unable to emerge from cycles of violence. About half the population—that is, about 6 million of 12 million people—are food insecure. A famine was declared in February 2017. And though the famine was contained (thanks to massive humanitarian support), food insecurity remains at extremely high levels.
About 2 million South Sudanese have fled the country and another 1.9 million are internally displaced. The economy is estimated to have contracted by 11 percent in the past fiscal year, due to conflict, low oil production, and disruptions to agriculture. The fiscal deficit, inflation, and parallel market premium have all soared.
This macroeconomic collapse has crushed the livelihoods of many South Sudanese.
A year ago, if you had asked me how best a child could reach its potential, I would have looked through my myopic, public health, physician’s lens, and responded that making sure children (0-5years) are healthy and well-nourished is all it takes.
However, six months into the World Bank’s “Africa Early Years” fellowship and I realize I would have been abysmally wrong.
“Tell me where you live, and I can predict how well you’ll do in life.”
Does welfare vary largely across space?
Although I don’t have a crystal ball, I do know for a fact that location is an excellent predictor of one’s welfare. Indeed, a child born in Togo today is expected to live nearly 20 years less than a child born in the United States. Moreover, this child will earn a tiny fraction—less than 3%—of what his or her American counterpart will earn.
At first glance it might seem surprising that the African Center for Economic Transformation (ACET) has zeroed in on agriculture as the focus for our 2017 flagship report, launched this week at the World Bank’s Annual Meetings in Washington. But that’s precisely the point: this is not primarily about agriculture, it is about how you transform the broader economy, with agriculture as the catalyst.
The Nigerian government’s Infrastructure Concession Regulatory Commission has blazed an important trail, publishing details of 51 Federal Public Private Partnership (PPP) contracts—the culmination of a year’s work with the World Bank to ensure that all, non-confidential information is easily accessible to the public. We hope other countries will follow Nigeria’s trend-setting lead.