Author:
Abstract:
The observed decline in the level of Sub-Saharan Africa’s (SSA) countries economic security is due to the increasing influence of both external factors (the rising volatility of global financial and commodity markets, changes in the policies of international economic organizations and a number of countries, etc.) and internal factors, largely related to their own socio-economic and, in some cases, political instability. This is manifested primarily in the insufficient food supply in the SSA countries as a consequence of the ongoing agricultural crisis. Possible ways to overcome this challenge are connected with the transformation of the agriculture sectors into productive, profitable, and reliable systems that will allow the SSA countries to reach and maintain food security. The agricultural policy aimed at this must take into account the specifics of the local crops and livestock production, the local climate, and the state of rural infrastructure, while making extensive use of new technologies and digital innovations.
One of the most important factors for stable economic development is energy security in the context of the ongoing energy transition. The problematic state of energy supply in the SSA countries is manifested in the insufficient supply of electricity for both industrial sectors and the population, rolling blackouts, and rising tariffs. African countries see a solution to this challenge in implementing the strategy aimed at expanding national and regional networks based on the rational use of all available energy resources, creating off-grid systems and small-scale generation in remote areas using renewable energy sources, which will facilitate access to sustainable and technologically advanced energy. Further expansion of cooperation in almost all areas of the energy spectrum between African states and Russian public and private companies, as well as leading universities, will contribute to solving many problems of economic security in Sub-Saharan Africa.
Keywords:
Sub-Saharan Africa, economic, energy, food security, intensification of production, Russian-African cooperation
DOI:
10.31132/2412-5717-2024-67-2-82-101
References:
1. Abramova I.O., Fituni L.L. (2018). The African Segment of Multipolar World: Dynamics of Geostrategic Significancy. World Eсonomy and International Relations. Vol. 62. № 12. Pp. 5–14. (In Russ.). https://doi.org/10.20542/0131-2227-2018-62-12-5-14
2. Akinyemi O.E. et al (2017). Energy Security, Trade and Transition to Green Economy in Africa. International Journal of Energy Economics and Policy. Vol. 7. № 3. Pp. 127–136. https://doi.org/10.2139/ ssrn.2700026
3. Apata T.G. et al (2019). Tenacity of small farms and poverty levels: Evidence of relationship among farming households in Nigeria. Research on Crops. Vol. 19. № 4. Pp. 775–786. https://doi.org/10.31830/ 2348-7542.2018.0001.62
4. Degterev D.A. (2004). African Banking Landscape. Asia and Africa today. № 3. Pp. 38–41. (In Russ.)
5. Energy Institute (2023). Statistical Review of World Energy 2023. 72nd Edition. London: Energy Institute.
6. FAO (2023). The State of Food Security and Nutrition in the World 2023. Urbanization, agrifood systems transformation and healthy diets across the rural–urban continuum. Rome: FAO.
7. Farole Th., Winkler D. (Eds.). (2014). Making Foreign Direct Investment Work for Sub-Saharan Africa: Local Spillovers and Competitiveness in Global Value Chains. Washington, D.C.: The World Bank.
For citation:
Morozenskaya, E.V., Gavrilova, N.G., Kalinichenko, L.N. (2024). Economic Security in Sub-Saharan Africa: Possible Ways to Address New Challenges. Journal of the Institute for African Studies. № 2. Pp. 82–101. https://doi.org/10.31132/2412-5717-2024-67-2-82-101
Для цитирования:
Морозенская Е.В., Гаврилова Н.Г., Калиниченко Л.Н. Экономическая безопасность стран Африки к югу от Сахары: новые вызовы и пути их преодоления. Ученые записки Института Африки РАН. 2024. № 2. С. 82–101. https://doi.org/10.31132/ 2412-5717-2024-67-2-82-101