Mauritius

Interview: India Yes Bank sees 1st Africa farm project start 2011

Yes Bank expects a $150 million Tanzanian rice and wheat project to reach full production by 2011, the first of several large African farms it is funding. "We are looking at a more inclusive model wherein the local farmers can be organised into a producers company, and they would be the suppliers to the processing facility. It's predominantly not to acquire huge tracts of land."

Mauritians Also Competing For Land in Africa

Soaring food prices and lack of land have forced Mauritius, a net food importing country, to launch an ambitious initiative. The island state is starting to grow its food in other African states where land is lying fallow and labour is cheap.