Policy Brief No. 36. Awakening Africa's Sleeping Giant? The Potentials and the Pitfalls
In 2009 the World Bank published a report entitled Awakening Africa's Sleeping Giant: Prospects for Commercial Agriculture in the Guinea Savannah Zone and Beyond. The report highlights the agricultural potential of Africa’s Guinea Savannah (henceforth GS) zone, which it describes as \"one of the largest underused agricultural land reserves in the world\" (p2). It argues that the time has come for this potential to be realized, noting the strengthening demand for agricultural commodities both in world markets and within Africa, where population growth, rising incomes and urbanization are driving demand for staple foods as well as for livestock and horticultural products. Macroeconomic and sectoral (taxation) policies are also increasingly favourable to agricultural investment within Africa.
Future Agricultures Policy Brief 036, June 2010, 7 pp.