Despite Africa’s potential to feed the global population, food security remains a significant challenge, with over 800 million people experiencing food insecurity globally and 21% of Africa’s population facing food shortages. Initiatives like ‘The Thousand African Youth Summit 2024’ in Addis Ababa aim to address these issues through agro ecological entrepreneurship and technological innovations, highlighting the importance of prioritizing food self-sufficiency for sustainable development. Efforts to enhance agricultural investment, mechanization, and fertilizer usage in countries like Ethiopia are crucial in achieving food sovereignty and combating the impacts of climate change.
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Africa Central Banks Seen Cutting While They Can After Trump Win
Most African central banks are likely to lower interest rates over the next three weeks in response to concerns that Donald Trump's presidency could lead to a stronger dollar and higher US rates, affecting emerging markets. While some nations are expected to cut rates, others like Nigeria may hike them to combat inflation. The impact of Trump's policies on inflation, currency strength, and capital flows is prompting central banks across Africa to reassess their monetary...
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