"This aid package effectively recognizes the growing consensus among philanthropists, economists and African governments that efforts to reduce poverty on the continent are probably doomed without far greater investment in agriculture. While aid to educate the poor and keep them healthy is critical, so is helping millions of farmers grow more food and earn some income.
Mr. Obama, who has made improving the productivity of farmers in the developing world a top priority since taking office, lobbied other world leaders to join him in backing this venture during telephone conversations in recent weeks. Leaders from Italy and Japan, among others, also took the lead in forging a consensus. The resulting commitments, to be unveiled Friday, may be among the most tangible achievements of his first summit meeting with the Group of 8 powers, here in L’Aquila."
My concern is that these ventures may rely on the introduction of new agricultural technologies produced by big agribusinesses. What a market! 15 Billion $!