Ethiopia has set aside three million hectares of land for investors developing large-scale commercial farms. This land has been made available to foreign and local investors said Esayas Kebede director of the Ministry of Agriculture and Rural Development. 3.6 million hectares were made available for foreign direct investment from the National Land Bank. Commercial farming initiatives are expected to help solving food shortage in the country
Rising commodity prices and growing global concerns over food security are driving increased investment in African commercial farming. Africa is the only huge mass of land that has agricultural potential and needs to be used effectively. Food security is now a major focus. There is a huge demand for food which will not diminish and Africa has the capacity to provide this.
This is both a challenge and an opportunity for Africa. As Africa is the one relatively untapped potential source of food it is attracting a wide variety of investors. Attracting foreign investors can facilitate growth of the agricultural sector through commercial expansion. Investment in sub-Saharan Africa’s agriculture has seen tremendous growth recently, with several private equity funds injecting large amounts in the agribusiness sector.
Middle East investors are ploughing increasing amounts of cash into African farmlands as global concerns over food security continue to rise. CMT’s Second Commercial Farm Africa to be held on January 31 - February 1, 2012 in Dubai will provide deep insights into opportunities, land utilisation & investment policies in African countries like Mozambique, Tanzania, Zambia, Sudan, Namibia, Ghana & Ethiopia. Go to cmtevents page.
Finalised program details will be released shortly, meanwhile one can email Ms Grace Oh, grace@cmtsp.com.sg
This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers.
Rising commodity prices and growing global concerns over food security are driving increased investment in African commercial farming. Africa is the only huge mass of land that has agricultural potential and needs to be used effectively. Food security is now a major focus. There is a huge demand for food which will not diminish and Africa has the capacity to provide this.
This is both a challenge and an opportunity for Africa. As Africa is the one relatively untapped potential source of food it is attracting a wide variety of investors. Attracting foreign investors can facilitate growth of the agricultural sector through commercial expansion. Investment in sub-Saharan Africa’s agriculture has seen tremendous growth recently, with several private equity funds injecting large amounts in the agribusiness sector.
Middle East investors are ploughing increasing amounts of cash into African farmlands as global concerns over food security continue to rise. CMT’s Second Commercial Farm Africa to be held on January 31 - February 1, 2012 in Dubai will provide deep insights into opportunities, land utilisation & investment policies in African countries like Mozambique, Tanzania, Zambia, Sudan, Namibia, Ghana & Ethiopia. Go to cmtevents page.
Finalised program details will be released shortly, meanwhile one can email Ms Grace Oh, grace@cmtsp.com.sg
This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers.
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