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Export Promotion Strategies for Primary Products: New Approaches to Trade Development in Africa

Guest post by: African Development Bank

Article Overview: Many believe that agricultural exports can be made to once again contribute substantially to export earnings.

Free Download - References: Human Capital and Economic Development By African Development Bank
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Export Promotion Strategies for Primary Products: New Approaches to Trade Development in Africa

Many believe that agricultural exports can be made to once again contribute substantially
to export earnings. In addition to the traditional export commodities, it is believed that
Africa has significant potential for export of the following products: horticulture, Soya
beans, shrimps, fish, cashew nuts, and gum Arabic. Note that in order to have a
reasonable chance of success, government should vigorously promote improvements in
rural infrastructure, enhance extension delivery services, undertake aggressive marketing,
provide comprehensive agricultural trade information and offer other requisite incentive
packages and trade support infrastructure.

African Development Bank
Economic Research Working Paper Series
Enhancing Africa’s Trade: From Marginalization
to an Export-Led Approach to Development
Milton A. Iyoha
Professor, Department of Economics & Statistics
University of Benin, Nigeria
Economic Research Working Paper
No 77 (August 2005)

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Home > African-Accounts > African Development Bank > Export Promotion Strategies for Primary Products New Approaches to Trade Development in Africa
Article Tags: african development bank, aggressive marketing, agricultural exports, agricultural trade, delivery services, department of economics, earnings, economic research, export commodities, gum, horticulture, improvements, incentive packages, marginalization, nuts, professor department, support infrastructure, trade information, university of benin, university of benin nigeria

About the Author: African Development Bank
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The African Development Bank is the premier financial development institution of Africa, dedicated to combating poverty and improving the lives of people of the continent and engaged in the task of mobilizing resources towards the economic and social progress of its Regional Member Countries.The Bank’s s mission is to promote economic and social development through loans, equity investments, and technical assistance. The ADB is a multilateral development bank whose shareholders include 53 African countries and 24 non-African countries from the Americas, Asia, and Europe. It was established in 1964, with its headquarters in Abidjan, Côte d’Ivoire, and officially began operations in 1967.

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