All About Feed | 3 September 2014
China’s developmental aid to Africa is impressive. Apart from construction, private companies heavily invest in agriculture, increasing the African market and trade opportunties with the rest of the world. But will Africa profit from these investments, and what are the downsides of the Chinese engagement?-
South Africa’s Minister for Economic Development and Tourism Mike Mabuyakhulu, PengXin International’s general manager Kenneth Wang and BEK Holdings chief executive Elias Khumalo signing a memorandum of understanding on the sidelines of the 2013 BRICs meeting in Durban that involves a R2 billion project by BEK-Pengxin Agritech to produce food and high-end by-products from agricultural estates in each of South Africa’s provinces covering 1 million hectares of land.