Estimating Investment Needs for the Power Sector in Africa 2023-2030 – Africa Report

This study is a contribution to the ongoing discussion on the costs and implications of addressing the two fundamental energy challenges facing the African continent, namely achieving universal access to electricity in line with Sustainable Development Goal number 7 and expanding power systems to support economic growth without getting locked into a high-emissions pathway.

Decoding the Union budget 2023- 24 : MSME edition

By 2028, it is expected that India’s MSME sector will have contributed US$ 1 trillion to the country’s overall exports, accounting for around 33% of the country’s GDP. There are 7.9 million registered Micro, Small, and Medium Enterprises in India (MSMEs). About 120 million employment across industries and regions are supported by the sector, which amounts for about 33% of the nation’s overall GDP.

AGRICULTURAL VALUE CHAINS AND TRANSFORMATION IN SOUTHERN AFRICA: OPPORTUNITIES STEMMING FROM THE AFRICAN CONTINENTAL FREE TRADE AREA

Agriculture is the backbone of the African economy, and a major source of income in African countries (African Development Bank (AfDB), 2016). Fifty-five per cent of jobs in Africa are in the agricultural sector, which generates more than 70 per cent of the income of those living in poverty. However, outdated agricultural practices, the agricultural sector’s vulnerability to climate change and variability, and the continent’s high levels of subsistence farming continue to undermine agricultural productivity. Boosting productivity, which could help address many of the continent’s socioeconomic challenges, including unemployment, entrenched poverty and food insecurity, was therefore identified as a priority area in Agenda 2063: The Africa We Want, of the African Union.