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Africa: Beyond Commodity Dependence

Africa: Beyond Commodity Dependence

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The volatility in prices of raw commodities has affected many regions in recent years, including those in Sub Saharan Africa.

That is because the price of a commodity whether, oil or cocoa, can make or break the health of a country in this region.

At the same time, some countries in Sub-Saharan Africa depend on imports of critical commodities, including food to feed their population.

Jon Shield who deals with African issues at the International Monetary Fund (IMF) tells Lika Gueye that the most vulnerable countries are those that rely on commodities for their export earnings.

Duration: 4’55”