Effect of regional trade agreements on strategic agricultural trade in Africa and its implications to food security: Evidence From Gravity Model Estimation

Effect of regional trade agreements on strategic agricultural trade in Africa and its implications to food security: Evidence From Gravity Model Estimation

The problems of African agricultural development have been at the forefront of the debate on Africa’s development since the Lagos Plan of Action in 1963. During the 2004 AU meeting in Sirte, Libya and subsequently in the 2006 AU/NEPAD Summit on Food Security in Africa, concrete steps have been taken to work towards Common African Market on 12 selected strategic agricultural products. Eight regional trade agreements which are to form the building blocks of the…
Seed Systems and Climate Change: Exploring Perceptions and Options for Building Resilience of Farmer Seed Systems in Uganda

Seed Systems and Climate Change: Exploring Perceptions and Options for Building Resilience of Farmer Seed Systems in Uganda

Given the challenges facing agriculture resulting from change, building resilience is a priority. Seed systems are an important area for enhancing such resilience as seed security has direct links to food security, and resilient livelihoods in general. This study used data from a nationally representative sample to assess farmer perceptions of climate change, its effects on livelihoods and seed systems, and options for enhancing resilience of their seed systems. Drought or irregular rains were considered…
Is The Ethiopian Birr Overvalued? A Sober Assessment

Is The Ethiopian Birr Overvalued? A Sober Assessment

The objective of this paper is to assess whether the Ethiopian Birr is overvalued? If so to what extent? And what are the policy options, if any, that should be followed under such circumstances? To do this an annual data from 1984 to 2013 is gathered and an Autoregressive Distributed Lag (ARDL) model is estimated in the context of bounds testing. Appropriate data diagnostics pre-and-post estimation tests are conducted to ensure result robustness, validation and…
Microfinance Institutions in Ethiopia, Kenya, and Uganda. Loan Outreach to the Poor and the Quest for Financial Viability

Microfinance Institutions in Ethiopia, Kenya, and Uganda. Loan Outreach to the Poor and the Quest for Financial Viability

Loan outreach—financial viability nexus is among the unsettled issues in microfinance literature: unyielding stance favoring viability for increased outreach to the poor (depth) versus a trade-off view justifying subsidized Microfinance Institutions (MFIs). The concern is exceedingly relevant to developing countries that opt for right policies towards financial inclusion. Even leading microfinance industries are challenged to reach the wider poor. In their microfinance operations, Kenya and Uganda ranked first and second in Africa; fifth and eighth…