Tag Archives: Food security

‘West Africa’s transport system is costliest in the world’

From NEXT: A study by the USAID on the West Africa Trade Hub has revealed that the region’s transport costs is the highest in the world and remains so because the trucking market in the region is highly regulated. “The regulationof the industry deter competition that would go a long way toward reducing transport costs”… Read More »

Leasing African Land

Time Magazine reports that  South Korea’s Daewoo Logistics leased 3.2 million acres of farmland from the Madagascar government. The land would be used as a farmland, and the South Korean company hopes this would help secure food supply for their country. The lease is for 99 years. A Daewoo manager, Hong Jong-wan, told the Financial… Read More »