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Purpose
This research examines the impact of export diversification across various economic sectors on Africa's economic growth from 1990 to 2023, focusing on 18 resource-rich nations.
Design/methodology/approach
Panel Generalized Method of Moments (GMM) was used for estimation.
Findings
The Johansen Fisher Panel Co-integration Test revealed long-term relationships among the variables. Results indicate that diversification in agricultural exports negatively affects economic growth, while diversification in manufacturing and service sectors has no significant impact.
Originality/value
The study recommends that governments adopt mechanized farming, develop industries for raw material transformation, and enhance service sectors to improve economic contributions.
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2026
Emerald Publishing Limited
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