Africa: How would an investor export maize or rice from a famine-hit country?
10.08.2011
The drought and famine in East Africa is already throwing up some uncomfortable questions for the model of large scale agro-investment in a poor country for export, says this article on 'How would an agribusiness be able to export maize from a famine-stricken country that depends on the crop as its staple food? The furore over South Korean company Daewoo's plans to grow export maize in Madagascar was at least in a mainly rice-eating country. But imagine an investor had spent years and millions of dollars developing export-maize plantations in a mainly maize-eating east African country amidst the region's current famine.'