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Interview of the Month
Growing an Agriculture Business in Africa. Last month it was announced that a US agriculture firm, Pioneer Hi-Bred, would acquire a majority stake in Pannar Seed, a South Africa-based seed company with operations throughout Africa and other parts of the world. How we made it in Africa asked Nick Goble, Pannar’s regional manager for Africa, about the company’s operations and how to successfully invest in the continent’s agriculture sector.
Cape Verde.
| Capital: | Praia |
| Area: | 4,033 sq km |
| Total Population 2009: | 0.5 Million |
| Urban Population 2009: | 60.38% | ||
| Female Population 2009: | 52.19% | ||
| GDP 2009: | US$ 1.9 Billion | ||
| GNI Per Capita 2008: | US$ 3,130 | ||
| Inflation Rate 2009: | - | ||
| Crude Birth Rate (per 1000) 2009: | 23.72% | ||
| Human Development Index (scale 0 to 1) 2007: | 0.708 | ||
| Membership Date: | 15/04/1976 | ||
| Cumulative Approvals (1967-2009): | UA 217.2 Million | ||
Source: Africa Development Bank
Welcome to OctoberFirst Consulting’s newsletter. Inside you’ll find articles and information on investment opportunities in Africa. Should you wish to discuss these further, do contact us.This newsletter is published by Mr Frank Aneke, OctoberFirst Consulting, PO Box 83, Liverpool NSW 1871, Australia.Telephone +61 (02) 9773 6672, email info@octoberfirst.com.auThis publication is supplied for information purposes. Some articles in this publication have been supplied by third parties and OctoberFirst Consulting does not take responsibility for any inaccuracies in these articles.
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David Ssempijja
Kampala — Uganda’s capacity to earn up to $100m per year from the $50b organic products world market has been hampered by the low levels of production. Uganda exported $30m (about sh66b) worth of dried and fresh organic products to different countries during 2008/09.
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Mark Muhumuza
Kampala, Uganda — In 2003, oil became the major export earner for Chad after overtaking cotton that was about 80% of all export earnings.
The development of oil led the country to neglect commercial agriculture and even the oil earnings were not ploughed back into other sectors of the economy. Now the country has realised that food is after all the biggest product any country has.
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