USAID, EU & Gates Foundation Back Agribusiness Takeover In Africa
A battle is currently being waged over Africa's seed systems. After decades of neglect and weak investment in African agriculture, there is renewed interest in funding African agriculture.
These new investments take the form of philanthropic and international development aid as well as private investment funds. They are based on the potentially huge profitability of African agriculture - and seed systems are a key target.
Right now ministers are co-ordinating their next steps at the 34th COMESA (Common Market for Eastern and Southern Africa) Intergovernmental Committee meeting that kicked off yesterday, 22nd March, in preparation for the main Summit that will follow on 30th and 31st March 2015.