BMI View: We have not made significant revisions to our forecast outlook in this Q4 2016 quarterly
update. We hold the view that cocoa remains Cameroon's most important cash crop. We hold a positive
view on the country's cocoa production as it has ample room for growt ..."
BMI View: In the short term, we expect the severe drought afflicting the country in 2016 to reduce output
dramatically for the grains and sugar sub-sectors. Meanwhile, dairy and beef production growth will also
slow down. However, we expect this to be a temporary setb ..."
BMI View: Our view on the Nigerian agribusiness sector is mixed. The cocoa industry assumes a greater
importance in the country's medium-term economic future now that oil revenues can no longer be relied
upon as an easy source of foreign exchange. We remain cautiously ..."
BMI View: We expect Zimbabwe to remain a net corn importer over the longer term. Over the next five
years, we expect production of the grain to demonstrate moderate growth, although production will remain
well below the totals seen in the early 2000s and much of the g ..."
BMI View: Production prospects look broadly favourable for Ethiopian agriculture over the long term.
This will largely be due to more investment in the sector, along with higher incomes contributing to
consumption growth. We believe the sugar sector has the most poten ..."
BMI View: We see potential for output growth in corn and coffee, two of the main crops in Uganda. For
coffee, we see Uganda as an East African leader in terms of exports, largely owing to government support
for the sector and new disease-resistant trees. We expect Uga ..."
BMI View: We have not made significant changes to our forecasts in this quarter's update. We retain our
view that Egypt will face growing production deficits in grains and meat, as it focuses on export-oriented
cash crops, while the dairy sector will benefit from sust ..."
BMI View: We believe that the Ghanaian cocoa sector will post reasonably strong growth throughout our
forecast period to 2019/20. High cocoa prices will encourage production, while the government has
pledged schemes in order to encourage yield growth. However, a signi ..."
BMI View: Algeria will be unable to feed its growing levels of wheat and milk consumption as the country
remains a major importer of food products. However, the government's new emphasis on the improvement
of food self-sufficiency is helping to revive the sectors. Whi ..."
BMI View: Kenya will continue to underperform its regional peers with regard to the development of its
agricultural sector. Despite COMESA granting another extension to the sugar import safeguard, which will
provide a short-term boost, we expect the country's sugar se ..."