That's because land, which is extremely fertile in some regions, is inexpensive on the impoverished continent. Payne's land fund pays $350-500 per hectare ($140-200 per acre) in Zambia, about a tenth the price of land in Argentina or the United States. For a small farmer in Africa, the average yield per hectare has remained unchanged in 40 years. With a little fertilizer and additional irrigation, yields could quadruple -- and so could profits.
deMolay wrote:It has been reported here before that China already has thousands of workers in Africa. http://www.spiegel.de/international/wor ... 24,00.html
Roy wrote:I'm sure yields and profits could grow. But at what cost to the small farmers in Africa?
Roy wrote:Nice find. Thanks for posting. Sounds like the paradigm of rich investors mining resources where ever they can continues.I'm sure yields and profits could grow. But at what cost to the small farmers in Africa?That's because land, which is extremely fertile in some regions, is inexpensive on the impoverished continent. Payne's land fund pays $350-500 per hectare ($140-200 per acre) in Zambia, about a tenth the price of land in Argentina or the United States. For a small farmer in Africa, the average yield per hectare has remained unchanged in 40 years. With a little fertilizer and additional irrigation, yields could quadruple -- and so could profits.
Zimbabwe was one of Chinas very few cold war successes. IIRC ZANU was supported by the Chinese while ZAPU was supported by the Soviets, Mugabwes ZANU ended up running the country, so the ties are quite old, although post indepenence Zimbabwe was a traditional 'non-aligned' state with capitalism and some free market ideology.deMolay wrote:Chinese Troops in Zimbabwe? http://www.independent.co.uk/news/world ... 11796.html
pstarr wrote:Ever hear of personal responsibility? Your argument reminds me of Sarah Palin's excuse for her own kids.outcast wrote:Afraid American hegemony might finally be upstaged? If you're going to criticize a country for something, fine as long as it is consistant and applied to all countries who engage in such activities, otherwise its just hypocracy and in some cases even racist.
Adults exercise control where they have it. I don't waste my in impossible fights. Like denying peak oil.
outcast wrote:deMolay wrote:It has been reported here before that China already has thousands of workers in Africa. http://www.spiegel.de/international/wor ... 24,00.html
outcast wrote:Afraid American hegemony might finally be upstaged? If you're going to criticize a country for something, fine as long as it is consistant and applied to all countries who engage in such activities, otherwise its just hypocracy and in some cases even racist.
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