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Intra-African Trade and Innovation in the Agricultural sector

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Abstract

The literature has established that trade among Africa’s economies is generally low despite the interwoven and overlapping regional organizations among them. Our argument is that the major problem lies in the focus of the intra-trade in Africa. Regional trade should be based on a premise of common agreement and solution. Many African countries in recent years are plagued with the problem of food shortage as a result of draught and climate change. We believe many intra-trade should be focused on investments in agriculture that will have multiplier effects and help augment economic growth. More specifically, this chapter focuses on how innovation in the agricultural sector in Africa can stimulate entrepreneurship and improve the governance of innovation.

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Appendix

Appendix

Fig. 5
A map of Africa depicts the penetration of crop insurance and highlights the properties covered, ranging from no data to less than 100, 100 to 1000, 1000 to 10000, 10000 to 50000, and greater than 50000. It indicates Namibia 0, South Africa 0, Angola 0, Rwanda 7000, Benin 900, Egypt 0, and Libya 0.

Penetration of crop insurance in Africa

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Akinsola, F., Akinsola, M. (2019). Intra-African Trade and Innovation in the Agricultural sector. In: Oloruntoba, S.O., Muchie, M. (eds) Innovation, Regional Integration, and Development in Africa. Advances in African Economic, Social and Political Development. Springer, Cham. https://doi.org/10.1007/978-3-319-92180-8_16

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