Africa: A Continent of Shortages
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Africa has 60% of the world’s arable land and is endowed with a cornucopia of minerals, yet shortfalls in agricultural production has left several countries needing to import food and vulnerable to food insecurity. African lags behind other regions on most of the metrics of development, wellbeing and self-sufficiency. There is shortage of consumer goods, pharmaceutical and healthcare products, financial services, utilities and infrastructure. Africa’s chronic battle with shortages in rooted in her history, politics and policies. Rapid population growth and urbanization has also had its part in fostering the dire circumstances on the continent.
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