The Independent Evaluation Group (IEG) has released a new study titled “Growth and Productivity in Agriculture and Agribusiness: Evaluative Lessons from World Bank Group Experience.”The study is expected to help Africa and countries like Botswana raise productivity in the sector and promote its growth. Drawing on the World Bank Group’s (WBG) experience in supporting agricultural growth in the past decade, the report points to areas where increased funding can translate into higher impact.
According to the report agricultural growth remains central to poverty reduction, particularly in the poorest countries, where a large share of the population relies on agriculture for their livelihood. At the same time, global demand for some of the major agricultural product groups is growing due to the growth in population and incomes, dietary shifts, and demand for biofuels. Click here to access the report.