2 OECD Development Centre Perspectives:
African Economic Outlook 2008
andBusiness for Development 2008
Head of Regional Desks

Kiichiro Fukasaku
Head of Regional Desks

27th May 2008
FASID Tokyo

AEO

2007: an evolving partnership

Lead partner

Junior partners
UNECAExperts Network

Consultants, think tanks …

Financial partner

2

AEO

An innovative product• Comprehensive, independentanalysis
1. Overview & annual
thematic focus
2. Comparable
country chapters
3. Statistical annex
and indicators• Short-term macroeconomicforecasts• Special annual focus
2003: Privatization
2004: Energy
2005: SMEs
2006: Transport
2007: Water and sanitation
2008: Technical & vocational skills
development

3

A strong African voice in policy dialogue

AEO

Promoting public debate on economic policies•

At national level (African policy makers)•

At regional and continental level (input for African Peer Review Mechanism)•

Building indicators tracking main APRM areas of focus•

Promoting best practice and lessons learned through experience

Supporting the International Dialogue on Africa’s Development•

Monitoring capacity-building in infrastructure, trade, institutions•

Monitoring policy reforms, financial flows for development

Millennium Development Goals•

Monitoring progress in 31 countries in 2007, 35 in 2008

•AEO, a joint AfDB/OECD/UNECA contribution to Goal 84

Coverage 2008: 35 African countries

AEO

Tunisia

MoroccoNew in 2008:

Algeria
Libya

Egypt

Cape Verde
Mauritania

Liberia

Niger

Libya

Mali
Senegal

Chad

Sudan

EritreaGambiaGuinea-Bissau
Cape verde

Nigeria
Sierra Leone

Côte
d'Ivoire

Equatorial Guinea

Djibouti

Burkina
Faso

GuineaEthiopia

Togo

Central African
Republic

Ghana
Liberia

Cameroon
Benin

Somalia

Equatorial Guinea

UgandaCongo
Gabon

BurundiSao Tome et principe

95% of GDPKenya

RwandaDem.Rep.
Congo

Tanzania

AEO 2008

AngolaMalawi
ZambiaMozambique

Comores

Zimbabwe

87% of population

Madagascar
Namibia

Botswana

Swaziland
LesothoSouth
Africa

Mauritius

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Business for Development 2008
Table of Contents
hapter 1:
orld Agricultural Trade and Africa

hapter 2:
apping Big Business:
gro‐Food Enterprises in Africa

hapter 3:
6

id for Trade and African Agriculture

Business for Development 2008
Promoting Commercial Agriculture in Africa• 2nd Edition of Business for Development• Looks at African Agriculture from a Business Perspective• Why focus on African Agriculture?
–Dominant economic sector in many African countries–

Essential role in poverty reduction and economic development–

Current food price crisis highlights the need to modernize African Agriculture

The Future of Africa is closely intertwined with theDevelopment of its Agricultural Sector!
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African Agriculture 2008
Reasons to be concerned• Low Productivity–in 2006, the African average cereal yield was only 40 per cent of theSoutheast Asian average• Food Availability went down–

since 1990, food availability per capita has declined by 3 per cent in SSA insharp contrast to Asia and Latin America• Africa’s Agricultural Exports declined–since the mid 1980s, the share of African products in World agricultural
imports has declined from 5.4 per cent (1985) to 3.2 per cent (2006)

But: Promoting Agribusiness is back on theInternational Agenda!
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