IARN — Even though many of the economies of the world are struggling through some tough times due to inflation and even the possibility of a recession, we still have seen a shift in how the economies of the world have developed. Before the coronavirus and the economic downturn we have been seeing happen, we were starting to see the rise of the middle class in places like Africa. More countries were starting to move into an economy that allowed them to buy more than just the bare essentials to survive. It opened up a chance for agricultural growth and also for consumers to have access to goods they never had access to before.
Because of this recent economic boom in Africa, The United States and many other countries are working harder to establish better trade relations with the continent. The United States Department of Agriculture Deputy AG Secretary Dr. Jewell Bronaugh recently held a trade mission to Kenya, Tanzania, and Zanzibar on the African continent. Bronaugh said that it was all about trying to find ways to expand markets and grow new markets for American commodities.
For more on this story visit the Iowa Agribusiness Radio Network.
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