Four Agricultural Financing Scenarios for Sub-Saharan Africa toward 2055: Conditions for Governmental Policy Interventions

2018 ◽  
Vol 11 (3) ◽  
pp. 199-231
Author(s):  
Cobus Oberholster ◽  
Chris Adendorff

This article reports on a research effort that looked at the future of agricultural financing in Sub-Saharan Africa, and provides governments in the region with key insights into agricultural development and the rural agricultural financing challenges. In the process of knowledge creation, a mixed-method approach was followed, with the futures triangle, emerging issues analysis, and causal layered analysis (CLA) being used to deepen the level of understanding regarding the future of agricultural financing. In addition, a real-time Delphi study was conducted to validate and prioritize the emerging trends and driving forces, and to incorporate expert knowledge into the possible financing futures. Four scenarios are presented that aim to stimulate new thoughts on policies that can facilitate increased financial inclusion in agricultural development in Sub-Saharan Africa.

2018 ◽  
Vol 47 (3) ◽  
pp. 244-256
Author(s):  
Cobus Oberholster ◽  
Chris Adendorff

This article reports on a research effort that looked at the future of agricultural financing in sub-Saharan Africa (SSA) toward 2055. The real-time Delphi method was used to verify key megatrends that should define the future of agriculture and agricultural development in the region. The implications of these trends for agricultural financing, together with potential game-changing forces with regard to the future delivery of financial services to agricultural producers, were also prioritized. The real-time Delphi method was employed to check both the future importance and probability of occurrence of the identified trends and corresponding disruptive technologies, business models, innovations in value-chain financing, market configurations, and institutional innovations. In addition, the method was also used to investigate the future perspectives of experts and to identify any specific, promising technological areas, innovations, and business models. Key elements of a desired future for agricultural financing in SSA were also confirmed.


Food Security ◽  
2020 ◽  
Author(s):  
Emmanuel Olatunbosun Benjamin ◽  
Oreoluwa Ola ◽  
Hannes Lang ◽  
Gertrud Buchenrieder

AbstractThe Growth Enhancement Scheme and e-voucher program, rolled out across Nigeria in 2011 by the federal government, provided the institutional basis for private agro-dealers to engage in the distribution of subsidized fertilizer, improved seeds and extension services to farmers. However, the impact of this policy on different modes of extension service delivery is still missing in literature. We apply an Ordinary Least Squared and Difference-in-Difference methodology on the (2010 and 2012) Living Standard Measurement Study of the World Bank. The results suggest that extension visitations as well as public extension services positively influence farm revenue. Furthermore, a substantial increase in fertilizer expenditure by farmers was observed, due to the e-voucher program, which could have contributed to the improved agricultural output witnessed in Nigeria post-Growth Enhancement Scheme era. Governments across Sub-Saharan Africa should implement policies that harness the economy of scale and scope of the private sector as well as information and communication technologies in delivering on time and adequate agricultural inputs to farmers.


The Lancet ◽  
2017 ◽  
Vol 390 (10114) ◽  
pp. 2803-2859 ◽  
Author(s):  
Irene Akua Agyepong ◽  
Nelson Sewankambo ◽  
Agnes Binagwaho ◽  
Awa Marie Coll-Seck ◽  
Tumani Corrah ◽  
...  

2017 ◽  
pp. 19-21 ◽  
Author(s):  
Wondwosen Tamrat ◽  
Daniel Levy

Ethiopia’s private higher education (PHE) sector is the largest or second largest in sub-Saharan Africa, however a mix of enabling and restrictive policies have let PHE play a limited role in key respects. This article surveys the current landscape and asks important questions regarding the future of PHE.


1988 ◽  
Vol 17 (1) ◽  
pp. 33-33
Author(s):  
Michael F. Lofchie ◽  
Gleb V. Smirnov

A critical problem for Africa is that of food production and distribution, highlighted by declines in food production, widespread hunger, and famine. There are several interrelated sources of this problem, both domestic and external. Among them are ecological problems, engendered by climatic and natural conditions; land fertility depletion in many regions of sub-Saharan Africa; the extreme scarcity of financial resources, accentuated by the debt burden and falling terms of trade; a deficit of investment goods and research and development facilities needed for agricultural development; and weaknesses in rural infrastructure, both economic and social. Unbalanced interaction between the rural and urban economies as well as archaic socioeconomic structures play a major role in the problems of food distribution, with consequent effects on food production.


Author(s):  
Paul A. Adedeji ◽  
Stephen Akinlabi ◽  
Nkosinathi Madushele ◽  
Obafemi Olatunji

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