Nigeria, Ghana Boost Agric Investment in West Africa

Nigeria and Ghana are leading investments in agriculture in West Africa, as Agricultural investment in the world’s largest cocoa-producing region will grow “very significantly” by 2050, according to the Organisation for Economic Cooperation and Development (OECD).

West African urbanisation is increasing at the fastest rate in the world, due to population expansion and people moving from rural areas to cities. Karim Dahou, an executive manager at the OECD’s directorate for financial and enterprise affairs, said last week in an interview at a conference in London.

Population in West Africa has doubled every 20 years since 1960 and in cities the number of people has tripled, he said.