African growth will slow for lack of food and water

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NAIROBI, Kenya – At the 18th Annual World Economic Forum on Africa, leaders, policy makers, and analysts all expressed concern over the impending consequences of the food and water shortages hitting sub-Saharan Africa. The panel urged policy makers to re-emphasize food and water as crucial economic elements – without them, maintaining the 5 percent growth Africa has experienced so far this millennium will be impossible.

Gareth Shepherd, co-author of the report and member of the Forum’s Global Risk Programme, told allAfrica.com, “as food is a major proportion of poor people’s consumption basket, higher food prices may threaten political stability in Africa, leading to a regressive economic crisis, and placing Africa’s growth at risk. Likewise, acute water shortages might exacerbate intercommunity and interstate tensions and blight prospects for development.”

Read more here.

Source : allAfrica.com