Could oil overtake agriculture as East Africa's economic mainstay?

Friday, August 10, 2018

Oil discoveries in East Africa are fuelling excitement

Holger A. Kray is the lead agricultural economist for Africa in the World Bank’s Agriculture Global Practice and head of the Africa Agricultural Policy Unit, which carries out and oversees economic and other policy work related to agriculture in the region. The World Bank economist was in Uganda and spoke to The East African’s CHARLES MPAGI on the prospects for the sector in the face of oil discoveries in Uganda, Kenya and South Sudan

Q: What are the challenges to commercialisation of agriculture in Africa?

A: The greatest is how to take advantage of the tremendous opportunity presenting itself right now across Africa because of the shift in consumer behaviour and consumer demand globally towards higher quality agricultural products.

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Could oil overtake agriculture as East Africa's economic mainstay?