The response of African countries to inflation [Business Africa]

The response of African countries to inflation [Business Africa]  In Africa, governments are stepping up actions to mitigate the impact of the Russian-Ukrainian crisis on the wallets of their citizens this is the main subject of Business Africa  According to UNCTAD data, no less than 25 African countries import more than a third of their wheat from Russia and Ukraine, 15 import more than half and two countries, Benin and Somalia, import 100%. So how is Africa trying to limit the impacts of this crisis? The Ivorian economist Youssouf Carius, Director of Pulsar Partners invites African countries to develop agro-industry and heavy industries.  Ghana, a more digitized economy Ghana has recently embarked on the transformation of several public services. An identity card acts as a biometric passport and tax identification number. The country thus intends to mobilize internal revenues and prosecute all those who escape the tax authorities before the end of the year. This digital policy, which affects all sectors, should be a response to financial exclusion and the predominance of the informal sector.  In Burundi, the coffee sector is struggling to take off again In Burundi, coffee represents nearly 40% of export resources, and provides a living for 8 million Burundians. With the failure of the privatization of the sector, the State has been running the sector since 2019, but the production figures remain low, having fallen from 34,000 to 6,000 tonnes for the 2021-2022 cropping season. On the coffee growers' side, there is growing discontent. Added to this is the lack of traceability of all the players involved in the sector.

In Africa, governments are stepping up actions to mitigate the impact of the Russian-Ukrainian crisis on the wallets of their citizens this is the main subject of Business Africa

According to UNCTAD data, no less than 25 African countries import more than a third of their wheat from Russia and Ukraine, 15 import more than half and two countries, Benin and Somalia, import 100%. So how is Africa trying to limit the impacts of this crisis? The Ivorian economist Youssouf Carius, Director of Pulsar Partners invites African countries to develop agro-industry and heavy industries.

Ghana, a more digitized economy
Ghana has recently embarked on the transformation of several public services. An identity card acts as a biometric passport and tax identification number. The country thus intends to mobilize internal revenues and prosecute all those who escape the tax authorities before the end of the year. This digital policy, which affects all sectors, should be a response to financial exclusion and the predominance of the informal sector.

In Burundi, the coffee sector is struggling to take off again
In Burundi, coffee represents nearly 40% of export resources, and provides a living for 8 million Burundians. With the failure of the privatization of the sector, the State has been running the sector since 2019, but the production figures remain low, having fallen from 34,000 to 6,000 tonnes for the 2021-2022 cropping season. On the coffee growers' side, there is growing discontent. Added to this is the lack of traceability of all the players involved in the sector.
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