• 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

  • Using the Genes of Israeli Wheat to Fight Climate Change

    The Jewish Daily Forward (20 Aug 2014) (8/21/2014)

    Around the world, this article states, climate change and population growth have agricultural experts increasingly worried. Poor countries, in addition to the usual battles with pests and diseases, no... more

  • The Problem with G.M.O. Labels

    The New Yorker (20 Aug 2014) (8/21/2014)

    In this opinion piece, Michael Specter, a staff writer with The New Yorker, writes that Americans spend a lot of time worrying about what is in their food. The overwhelming majority of Americans say t... more

  • Genetically Modified Corn Approved, Farmers Still Wait for Permission to Plant

    VietNamNet (19 Aug 2014) (8/21/2014)

    The Ministry of Agriculture and Rural Development (MARD) in Vietnam has approved the use of four varieties of genetically modified (GM) corn for animal feed, but farmers can only grow the varieties on... more

  • Govt Approves Fines for Improper GMO Labeling

    RT (19 Aug 2014) (8/20/2014)

    The Russian cabinet this week approved a bill that introduces heavy fines for business people who violate the rules requiring obligatory marking of foods containing genetically modified (GM) products.... more

  • Court Rules in Elevator’s Favor in Biotech Dispute

    Capital Press (19 Aug 2014) (8/20/2014)

    A United States federal appeal court has ruled that Syngenta cannot force the Bunge grain elevator company to accept its Agrisure Viptera variety of genetically modified (GM) corn. Bunge, in 2011, had... more

More News

XML

Really, read some more.