NASSIR Posted January 29, 2009 This is a massive investment in the agricultural sector, but one with peculiar approach. The investors from New York have entered deal with the Elders and promised 10% return being ploughed back into the Community. Besides, they intend to build the infrastructure essential for this Mechanized Agriculture and which entail the creation of more jobs. However, from the perspective of the dangerous political terrain, they are optimistic that they should be able to build good relations with Government of Sudan and bypass the sanctions against the regime. ^from the Radio interview. Here is the article Sudan Beckons new investors Quote Share this post Link to post Share on other sites
Dhimbil Posted January 29, 2009 He didn't say how they will pypass the sanctions. There must be some type of kickbacks involved if the US is going to allow it. Quote Share this post Link to post Share on other sites
Jacaylbaro Posted January 29, 2009 This is great and other Africans should follow the path ... Quote Share this post Link to post Share on other sites
NASSIR Posted January 29, 2009 Of course, Khalid. It's good for Africa and this type of investment model should be replicated all over the continent. The top-down approach have been a disaster in Africa. It benefits only the few and the corrupted. I hope for their success in this endeavor if an Accountability and Oversight Office is established for this purpose. Quote Share this post Link to post Share on other sites