Whether for profit or social motives - and often both - an increasing number of investors are targeting opportunities in African agriculture. At the same time innovative approaches for deploying aid to support farming businesses linked to smallholders are emerging. This blog provides a snapshot of who is doing what, where and how.

30 December 2009

A giant step back in the fight against world hunger

Over a 20-month period in 2007 and '08 the planet's three staples — wheat, maize and rice — soared to peaks not seen in decades. By early 2008, wheat and maize were trading at triple the rate of five years earlier, while the price of rice had had gone up fivefold. Dairy products, beef and poultry also shot up in price. This surge in food prices was caused by many complex factors — the price of oil, weather and harvest failures, and declining investment in agriculture — but all led to one stark conclusion: That much of the world simply has little capacity to withstand such price shocks. CBC News Link