• Staff
  • Board of Directors
  • Contact Us

Meridian Institute

Fund Sets New Aims for Africa

Summary posted by Meridian on 4/16/2012

Source: China Daily (13 April 2012)

Author(s): Ding Qingfen

Following a capital injection of US$2 billion, the China-Africa Development Fund is shifting the focus of its investment strategy to concentrate more on African infrastructure, manufacturing, and agriculture, says Hu Zhirong, vice-president of the fund. The China-Africa Development Fund was established in 2007 with capital provided by the China Development Bank. According to China’s ministry of commerce, Chinese direct investment in Africa increased last year by 59 percent, as compared to the year before, to US$1.7 billion. China is estimated to still contribute only about 2 percent of the total annual foreign direct investment in Africa, which is thought to amount to US$80 to $90 billion. The article can be viewed online at the link below.

The original article may still be available at http://usa.chinadaily.com.cn/2012-04/13/content_15041592.htm

As tagged by Meridian Institute:

Stakeholders: GovernmentDonor

Regions: Asia

Topics: Food security

Food Security and AgBiotech News

  • Changing Global Diets Is Vital to Reducing Climate Change

    University of Cambridge (1 Sep 2014) (9/2/2014)

    According to a new study, published this week in Nature Climate Change, food production – if current trends continue – will reach, and possibly exceed, the global targets for total greenhouse gas emis... more

  • Cancer Deaths Double in Argentina's GMO Agribusiness Areas

    The Ecologist (24 Aug 2014) (9/2/2014)

    According to this article, a report by the Argentinean Ministry of Health has revealed that deaths from cancerous tumors are double the national average in areas of the country where genetically engin... more

  • Water 'Thermostat' Could Help Engineer Drought-resistant Crops

    Science Daily (27 Aug 2014) (9/2/2014)

    Researchers at Duke University, United States, have identified a gene, OSCA1, which could help scientists engineer drought-resistant crops. The gene encodes a protein in the cell membrane of plants th... more

  • Brazil Considers Transgenic Trees

    Nature (27 Aug 2014) (8/28/2014)

    Brazilian regulators are evaluating whether or not to commercially release a genetically engineered eucalyptus tree; a decision could come as early as the end of the year. There are currently no genet... more

  • New Study Charts the Global Invasion of Crop Pests

    University of Exeter (28 Aug 2014) (8/28/2014)

    A new study from the University of Exeter, United Kingdom, finds that many of the world’s top crop-producing countries will be inundated with pests by the middle of the century if current trends conti... more

More News


Really, read some more.