(I am indebted to my colleagues, Marc-Henri Veyrassat and Bruce Danckwerts, who have been working in Africa for many years, for this featured section on agriculture in Africa.)

Zambia seldom makes the headlines, especially when it comes to major investments in agricultural land. A few investments have been made, with variable degrees of success, yet the country has some of the best potential in the region, with reliable rainfall, plenty of water for irrigation and hydro-electric power, and possibly the most politically acceptable form of land ownership in Africa, so it would be fair to conclude that some investors are missing the boat.

Investors who typically think solely in terms of mono-culture prairies, ...

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