Economic Growth Of Africa, Agriculture, And Human Resources

Introduction: Economy of Africa includes trade , industry , agriculture, and human resources . Africa is also known to be a resource rich continent .The continent had reached a turning point in its development history and it act as a more significant role in the global economy in the twenty - first century . It has a high and continuous economic growth in the past decades. Growth Statistics: The average annual growth rate of real output increased from 1.8 per cent in the period of years between 1980 -1989 to 2.6 percent in 1990 - 2000 gradually it increases to 5.3 percent in 2000 - 2010. In the period of 1980s and 1990s the Africans growth rate has turn millennium and is higher than the average growth rate of world economy .†¦show more content†¦Challenges to Economic Growth Africa in-spites a strong economic growth performance over the past years .food insecurity , highly unemployment poverty and inequality , to agricultural product dependence , lack of economic transformation ,environmental degradation , and low integration of the continent in the global economy these are the challenges ranging from the many countries in the continent are engage with several development . The new partnership was adapted by the Africa s Heads of State and the Government for Africans development (NEPAD) at the continental level .The development process and the outcome and calls for interventions emphasizes in certain following areas like agriculture and food security , regional integration and infrastructure , climate change and environment , human development , economic governance and capacity development and women empowerment . Economic Growth Enhancement: Support and upgrade of Africa s late financial development requires the sustenance, widening and extending of political and monetary changes. Such changes are important for the landmass to successfully prepare household assets and pull in what s coming to it of worldwide outside speculation and capital streams. Past the product blast, African nations can support monetary development by wisely overseeing and putting their windfalls from the surge in merchandise costs in the building of