L’Inde, autre puissante émergente, a elle-aussi pigé l’aubaine des appels du pied de Zenawi. Mais plutôt que de miser sur la production manufacturière où il est difficile de concurrencer l’atelier chinois, New Delhi s’est rabattu sur le gâteau agricole.
The delegation consisted of senior business leaders from Indian companies such as Sai Ramakrishna Karuturi of Karuturi Global Ltd
As losses from Karuturi's Ethiopian farm operations mount, over 3,000 workers from the company's flower farm in Kenya down their tools to protest non-payment of their salaries and poor working conditions.
A slide show by GRAIN that profiles some of those who have been most actively pursuing or supporting farmland grabs around the world.
The company has approached the African Development Bank, the African Export-Import Bank and the Eastern and Southern African Trade and Development Bank to raise another $100 million for a sugarcane estate.
Despite the lucrative returns that foreign investors can achieve by investing in African agriculture, the on-the-ground realities of operating in the continent is often less rosy.
Karuturi, which has 300,000 ha in Ethiopia, is now targeting the DRC, Tanzania, Mozambique, Senegal and Sierra Leone.
Indian-listed Karuturi Global, which has leased land in Ethiopia for commercial farming, plans to export cereals, sugar and edible oil to South Sudan and Kenya upon completing cultivation in 2014.
How corporate transparency encourages secrecy - the counterproductive role of many NGO's.
Largest cut flower exporter Karuturi Global ventures into food business
Company looks to tide over land-grabbing allegations, devastating flood for its $300mn project in Ethiopia.
"Galaxy of diplomats" in attendance for the inauguration of Mr Sai Ramakrishna Karuturi, Managing Director of Karuturi Global Ltd, as an Honorary Consul of Ethiopia in Bangalore.