FACTBOX: Investing in Africa: Land and agriculture
Reuters | Tue Oct 7, 2008

Oct 8 (Reuters) - Soaring food prices, supply fears among import-dependent countries and rising demand for biofuels have driven up investment in agricultural land, notably in Africa.

The meltdown in financial markets has slowed some of these flows, but some analysts say there are still good opportunities in African land, where investment in infrastructure, fertiliser and equipment has traditionally been lacking.

Here are some facts about farming and foreign investment on the continent.

AGRICULTURE IN AFRICA - SOME KEY FACTS:

INVESTING IN AFRICA'S AGRICULTURE:

GREEN AFRICA:

CHALLENGES: INVESTMENT FUNDS: A FEW EXAMPLES

 

CASE STUDIES:

DEMOCRATIC REPUBLIC OF CONGO -- The International Food Policy Research Institute says DRC, could become a breadbasket for the developing world. It has 80 million hectares of arable land, ranking it seventh in the world, and 80 percent of the land that could be farmed is either unused or underutilised.

ZAMBIA -- Zambia has demarcated thousands of hectares of land into farm blocs for sale to foreign and local investors. Zambia uses only 10 percent of its more than 40 million hectares of arable farmland. Huge tracts of land remain uninhabited.

Sources: Reuters; Gulf Research Center; Rights and Resources Initiative
URL to Article: https://farmlandgrab.org/post/view/2532

Source: Reuters 
http://www.reuters.com/articlePrint?articleId=USL613947020081008

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