FACTBOX: Foreign forays into African farming

Map of Africa in the early 20th Century (Image: New World Encyclopedia)

Reuters | Fri Mar 20, 2009

March 20 (Reuters) -- A move by Madagascar's army-backed leader to nix a huge South Korean farming deal has exposed the risks of such ventures in Africa.

South Korean firm Daewoo Logistics had planned to lease a million hectares of Madagascar -- equivalent to the size of Qatar -- to grow food, reducing the Asian country's dependence on U.S. or South American imports.

Following are some of the agricultural deals involving foreign companies or governments elsewhere in Africa:

URL to Article: https://farmlandgrab.org/post/view/2842

Source: Reuters 
http://www.reuters.com/article/marketsNews/idUSLK10422520090320?sp=true

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