Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?

This study examined the food trade deficits in West Africa from 2000 to 2020. The aim of the study was to determine whether there is any reason for anxiety among the people of West Africa. The study found that West Africa has recorded cumulative positive food trade balance. However, it was also foun...

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Main Authors: Naomi O. DOKI, Joseph FEFA, Emmanuel Aondongusha ASUE, Princewill OKWOCHE, Victor Ushahemba IJIRSHAR
Format: Article
Language:English
Published: The Body of Expert and Licensed Accountants of Romania 2023-10-01
Series:CECCAR Business Review
Subjects:
Online Access: https://www.ceccarbusinessreview.ro/food-trade-deficits-in-west-africa-is-there-any-reason-for-anxiety-a337d/download-PDF/
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author Naomi O. DOKI
Joseph FEFA
Emmanuel Aondongusha ASUE
Princewill OKWOCHE
Victor Ushahemba IJIRSHAR
author_facet Naomi O. DOKI
Joseph FEFA
Emmanuel Aondongusha ASUE
Princewill OKWOCHE
Victor Ushahemba IJIRSHAR
author_sort Naomi O. DOKI
collection DOAJ
description This study examined the food trade deficits in West Africa from 2000 to 2020. The aim of the study was to determine whether there is any reason for anxiety among the people of West Africa. The study found that West Africa has recorded cumulative positive food trade balance. However, it was also found that some countries within the region have consistently remained in the deficit region of food trade balance and this called for concern, especially that such countries account for over 50% of the region’s total population. The study found that the food production and food trade in the West African region, according to the data from FAO and the World Bank, are indicative of sustained efforts and these have yielded positive results. The study recommends that to manage post-harvest losses, there should be development of knowledge and the capacity of food chain operators to apply safe food handling practices and storage hygiene. Provision should also be made for funds and loans to facilitate the diffusion of better storage containers. The study also recommends that road, energy and market infrastructure improvements will help stem the flood of post-harvest losses and the need to create a stronger investment climate to encourage private sector investment in the food business and to work more closely with farmers to address supply challenges.
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spelling doaj.art-59635eedef064feb9617101a6ea722ff2023-10-31T11:58:49ZengThe Body of Expert and Licensed Accountants of RomaniaCECCAR Business Review2668-89212023-10-0149647210.37945/cbr.2023.09.0726688921Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?Naomi O. DOKI0Joseph FEFA1Emmanuel Aondongusha ASUE2Princewill OKWOCHE3Victor Ushahemba IJIRSHAR4Centre for Food Technology and Research (CEFTER), Department of Economics, Benue State University, Makurdi, NigeriaCentre for Food Technology and Research (CEFTER), Department of Economics, Benue State University, Makurdi, NigeriaCentre for Food Technology and Research (CEFTER), Department of Economics, Benue State University, Makurdi, NigeriaCentre for Food Technology and Research (CEFTER), Department of Economics, Benue State University, Makurdi, NigeriaCentre for Food Technology and Research (CEFTER), Department of Economics, Benue State University, Makurdi, NigeriaThis study examined the food trade deficits in West Africa from 2000 to 2020. The aim of the study was to determine whether there is any reason for anxiety among the people of West Africa. The study found that West Africa has recorded cumulative positive food trade balance. However, it was also found that some countries within the region have consistently remained in the deficit region of food trade balance and this called for concern, especially that such countries account for over 50% of the region’s total population. The study found that the food production and food trade in the West African region, according to the data from FAO and the World Bank, are indicative of sustained efforts and these have yielded positive results. The study recommends that to manage post-harvest losses, there should be development of knowledge and the capacity of food chain operators to apply safe food handling practices and storage hygiene. Provision should also be made for funds and loans to facilitate the diffusion of better storage containers. The study also recommends that road, energy and market infrastructure improvements will help stem the flood of post-harvest losses and the need to create a stronger investment climate to encourage private sector investment in the food business and to work more closely with farmers to address supply challenges. https://www.ceccarbusinessreview.ro/food-trade-deficits-in-west-africa-is-there-any-reason-for-anxiety-a337d/download-PDF/ anxietyfood trade deficitsinvestmenttrade balancewest africa
spellingShingle Naomi O. DOKI
Joseph FEFA
Emmanuel Aondongusha ASUE
Princewill OKWOCHE
Victor Ushahemba IJIRSHAR
Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?
CECCAR Business Review
anxiety
food trade deficits
investment
trade balance
west africa
title Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?
title_full Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?
title_fullStr Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?
title_full_unstemmed Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?
title_short Food Trade Deficits in West Africa: Is There Any Reason for Anxiety?
title_sort food trade deficits in west africa is there any reason for anxiety
topic anxiety
food trade deficits
investment
trade balance
west africa
url https://www.ceccarbusinessreview.ro/food-trade-deficits-in-west-africa-is-there-any-reason-for-anxiety-a337d/download-PDF/
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