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To protect and meaningfully develop our agricultural sector, the starting point could be an active voice at the World Trade Organisation (WTO) where Africa could better negotiation on agricultural subsidies.

Secondly, there is the need to devise schemes that direct credit to rural farmers in a manner that encourages technical innovation. This may involve subsidised credits or inputs.

African governments should devise ways and means of sustaining the domestic saving ratio. Prior to the epoch of IMF loans, some African countries did achieve higher levels of domestic savings. projections can be relaxed, allowing the public sector to commence savings.

Efforts at increasing both private and public savings will most likely have a much higher success than the efforts that have until now been devoted to attracting foreign capital.

The mobilisation of domestic resources should be encouraged in Africa such as fully funded pension schemes “the Singapore model” and taxation on luxury consumption goods.

For this to succeed some form of
“financial repression” will also have to be tolerated to direct savings and to mobilise capital for long-term development