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.

15 June 2011

HIlary Clinton backs Tanzania's Southern Agricultural Growth Corridor

Speaking at a women farmers' cooperative in Dar es Slaam earlier this week, US Secretary of State Hilary Clinton announced a major increase in support for the Southern Agricultural Growth Corridor of Tanzania (SAGCOT). She said:

"The United States will invest nearly $70 million in agricultural development and food security in Tanzania over. This is a 14-times-greater investment than we made in 2008 and 2009...Now, to take advantage of Tanzania's fertile farm land, we will pool more than 80 percent of our Feed the Future investment in this southern growth corridor. We have decided to concentrate our resources here in line with the country-led vision laid out by the government of Tanzania."