Impact of Sahel’s instability on cross-border trade
The Sahel region has been mired by political and economic instability in the last few years. This has resulted into dire effects on the cross border trade within the region economically. CNBC Africa spoke to Njoka Tikum, Director UNDP Sub-Regional hub for West and Central Africa and Resident Representative for Senegal for more.
Fri, 20 Dec 2024 16:36:37 GMT
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AI Generated Summary
- The Sahel region is experiencing a period of transition marked by political unrest, environmental changes, and demographic shifts, driving a demand for better economic opportunities.
- UNDP is working in collaboration with stakeholders to empower youth, promote renewable energy, strengthen governance systems, and address fragility in vulnerable communities within the Sahel.
- Initiatives such as agro-entrepreneurship and cybersecurity training have been introduced to equip young people with skills for emerging sectors, fostering economic growth and stability in the region.
The Sahel region has been undergoing immense political and economic turbulence in recent years, resulting in significant ramifications on cross-border trade within the region. CNBC Africa recently engaged in a conversation with Njoka Tikum, the Director of the UNDP Sub-Regional hub for West and Central Africa and the Resident Representative for Senegal. Tikum shed light on the complex dynamics at play in the Sahel and the efforts being made to address the challenges faced by the region. The Sahel, encompassing ten countries under the UN Integrated Strategy for the Sahel, is witnessing a period of profound transition. This transition is characterized by political upheavals, environmental changes, demographic shifts, and a burgeoning youth population demanding better opportunities and economic prospects. Countries like Burkina Faso, Mali, and Guinea have experienced military takeovers, reflecting the restlessness and aspirations of the youth in the region. Prior to the coups, the Sahel was already grappling with environmental and climate shifts, leading to displacements and challenges to livelihoods. The lack of investments and job opportunities has contributed to a sense of disillusionment among the population, culminating in calls for change and a quest for improved economic conditions. Governance issues, insecurity, and media representations have also played a role in exacerbating the economic challenges in the Sahel. However, amidst the turmoil, countries like Senegal and Gambia have demonstrated successful democratic transitions and innovations by their youth and women in various sectors. Yet, the prevalent narrative often overlooks these positive developments, prompting initiatives like the 'I am Sahel' campaign to showcase the region's potential. UNDP's intervention in the Sahel has been multi-faceted, collaborating with various stakeholders to drive transformation. The organization has focused on empowering youth, promoting renewable energy, enhancing governance structures, and addressing fragility in vulnerable communities. Initiatives such as agro-entrepreneurship and cybersecurity training have been launched to equip young people with the skills needed for emerging sectors, fostering economic growth and stability in the region. By leveraging partnerships and strategic interventions, UNDP aims to uplift the Sahel and steer it towards a path of sustainable development and prosperity.