Business A.M
No Result
View All Result
Sunday, February 22, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Comments

On climate change and its impact on African economies

by Admin
January 21, 2026
in Comments

The impacts of climate change on African economies are multifaceted and potentially severe. The impacts are expected to be more pronounced due to the continent’s vulnerability.

Here are some key impacts:

Agricultural sector: Many African economies heavily rely on agriculture, thus making them particularly vulnerable. Climate change-induced droughts, erratic rainfall, and extreme weather events can significantly reduce crop yields, affecting food security and leading to economic losses for farmers as agricultural systems are disrupted. 

Water resources: Decreased rainfall and changes in precipitation patterns can lead to water scarcity. This impacts not only agriculture but also industries relying on water, potentially affecting production and economic growth.

Energy sector: Many African nations depend on hydropower for electricity. Changes in water availability and droughts can impact energy generation, leading to power shortages and affecting industries and daily life.

Healthcare costs: Climate change can exacerbate health issues, leading to increased healthcare costs due to the spread of diseases and the need for better medical infrastructure to deal with heat-related illnesses and other climate-related health problems.

Infrastructure and property damage: Extreme weather events such as floods, storms, and sea-level rise can damage infrastructure, homes, and businesses, resulting in economic losses and reconstruction costs.

Tourism: Many African countries rely on tourism as a significant source of revenue. Climate change-induced impacts, such as damage to natural habitats, biodiversity loss, or changes in landscapes, can deter tourists, affecting the tourism industry and related businesses.

Migration and conflict: Climate change-induced resource scarcity can lead to increased migration as people seek more habitable areas, potentially leading to conflicts over land, water, and other resources. This instability can impact economic development and growth.

Education as a ‘low hanging fruit’ towards understanding of the problem

Since education is a daily occurrence in almost every community and in every country on the continent of Africa, it makes sense to focus on the importance of learning about climate change and its impacts on the environment that schools are located in. Many climate focused programmes run by non profit organisations and funded by them are available as teaching tools. Education acts as a shortcut for the next generation in understanding the perils of climate change and doing nothing to mitigate its devastating consequences. 

Addressing these economic impacts requires concerted efforts in climate adaptation and mitigation strategies, investing in renewable energy, promoting sustainable agricultural practices, building climate-resilient infrastructure, and strengthening economic diversification beyond sectors highly vulnerable to climate change. International cooperation and financial support are crucial to assist African nations in mitigating these challenges.

Admin
Admin
Previous Post

Grim omen as ECOWAS loses Burkina, Mali, Niger (2)

Next Post

Succession plans and mistakes of our past business magnates (2)

Next Post

Succession plans and mistakes of our past business magnates (2)

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Unilever Nigeria expands social investment with Ogun school upgrade

Unilever Nigeria expands social investment with Ogun school upgrade

February 22, 2026
Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026
Zoho targets Africa expansion after 30 years with self-funded growth strategy

Zoho targets Africa expansion after 30 years with self-funded growth strategy

February 19, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Unilever Nigeria expands social investment with Ogun school upgrade

Unilever Nigeria expands social investment with Ogun school upgrade

February 22, 2026
Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M