Intra-african trade and innovation in the agricultural sector

Abstract

The literature has established that trade among Africa’s economies is generally low despite the interwoven and overlapping regional organizations among them. Our argument is that the major problem lies in the focus of the intra-trade in Africa. Regional trade should be based on a premise of common agreement and solution. Many African countries in recent years are plagued with the problem of food shortage as a result of draught and climate change. We believe many intra-trade should be focused on investments in agriculture that will have multiplier effects and help augment economic growth. More specifically, this chapter focuses on how innovation in the agricultural sector in Africa can stimulate entrepreneurship and improve the governance of innovation.