By Kevin M. Cleaver
Read or Download A strategy to develop agriculture in Sub-Saharan Africa and a focus for the World Bank, Volumes 23-203 PDF
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Additional info for A strategy to develop agriculture in Sub-Saharan Africa and a focus for the World Bank, Volumes 23-203
AgricultureEconomic aspectsAfrica, Sub-SaharanPlanning. Agriculture and stateAfrica, Sub-Saharan. Agricultural assistanceAfrica, Sub-Saharan. Agricultural development projectsAfrica, Sub-Saharan. Sustainable agricultureAfrica, Sub-Saharan. Title. 203. Africa Technical Department series. 1'0967dc20 CIP Page iii AFRICA TECHNICAL DEPARTMENT SERIES Technical Paper Series No. 122 Dessing, Support for Microenterprises: Lessons for Sub-Saharan Africa No. 130 Kiss, editor, Living with Wildlife: Wildlife Resource Management with Local Participation in Africa No.
In a few cases, joint private and government banking ventures may be necessary to jump-start agricultural lending. Donors can finance credit lines, technical assistance to private and cooperative banks, subsidies for banking infrastructure, and in some cases guarantee funds to share the risk of agriculture lending. In the proper policy environment, and with some assistance, private banking establishments will lend to larger farmers, to traders and to agro-business. Traders and agro-business will lend to farmers.
Infrastructure development lags far behind that of most other developing countries. Private investment has been negligible. All this provides large scope for rapid growth, as African agriculture moves to a level comparable to that presently achieved in other developing countries. A second objection to the ambitious growth target relates to the lack of markets. The Bank's projections suggest world demand for most agricultural products produced in Africa will grow at from 1 to 3 percent per annum depending on the commodity.