What's New

The latest African Economic Outlook , published by the OECD, finds that despite a weakened global economy, lower commodity prices, and some serious weather shocks, Africa saw positive economic growth in 2015.

A new book by the Center for Development Research (ZEF) and the International Food Policy Research Institute (IFPRI) , with support from the CGIAR Research Program on Policies, Institutions, and Markets (PIM) , examines the stability pillar of FAO’s four pillars of food security , focusing specifically on price volatility and extreme price events in food markets.

The unusually strong 2015-2016 El Niño cycle has caused widespread drought throughout southern and eastern Africa, triggering delayed planting and crop failures, particularly in South Africa , Mozambique , Malawi, Botswana, Swaziland, and Zimbabwe. The drought, coupled with recent record-high temperatures, could drive as many as 36 million people into increased hunger in the region, according to an article in The Guardian .

Over the past two decades, Africa’s overall GDP has doubled, and GDP per capita has grown by more than one-third. In Africa south of the Sahara, gross national income per capita increased from 1.3 percent in 1994-2004 to 2.3 percent in 2004-2014. Despite this impressive progress, however, it has still not been enough to lift millions of Africans out of poverty. What has driven this period of strong, rapid growth, and how can it be sustained and expanded in a long-term, inclusive way?

In recent years, export bans on staple crops have become more and more common as countries attempt to safeguard their domestic food supplies and protect their populations from international food price spikes. Research has shown, however, that such policies often do more harm than good, reducing the prices that local producers receive for their goods and increasing uncertainty in the market for both farmers and traders.