As an investment destination, Africa can be a confounding place. The latest bout of turmoil and violence in Cote d'Ivoire and Tunisia looks to all the world like another chapter in an unending cycle of political instability.
Laa Banque africaine de développement a approuvé, le 6 décembre 2010, l’octroi d’un prêt à la République du Mali, d’un montant de près de 65 millions d’euros, destiné à financer deux volets importants du projet sucrier de Markala (PSM).
Agri-Vie, a private equity fund focused on food and agribusiness investments - including farmland - in subSaharan Africa, closed its first fund with participation from Kellogg Foundation, NorFund, IFC and AfDB.
The Fund will operate according to a Socially Responsible Investment Manual that features, for the first time in the area of Agribusiness private equity, a Code of Conduct for Land Acquisition and Land Use in Agricultural and Agribusiness Projects to prevent unsustainable practices in land acquisition and land use.
The food crisis in African states will not be solved by investment to spur agricultural production because the problem is not food output but poverty that is making food unaffordable for urban Africans.