Indian Private Agro-Investments in Zambia: A case study
Agricultural relations between India and Africa go back for well over forty years. As a lack of natural food resources and continuous damage caused by climate change has diminished India’s food security, the Government of India has decided to privately invest in Africa’s agricultural and entrepreneurship resources, particularly in Zambia. This report provides an example of Foreign Direct Investment (FDI) and outlines India’s outflow and inflow of investment revenue from the 1990’s until the present.
It reviews where, in terms of investment, the agricultural sector in India finds itself. Following a field visit by Oxfam India to Zambia, this paper shows this African country to be an ideal area for farming and lists multiple Indian stakeholders in Zambia’s agricultural sector. After several India-Africa Summits agreed that it was necessary for investment in agricultural developments to work towards eradicating poverty and improving people’s livelihood, this paper provides proof of the opportunities which cooperation in this sector can deliver to improve global food security.
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