Type | Journal Article - Competition Law and Economic Regulation |
Title | 6 How multinational investments in grain trading are reshaping Zambia’s market |
Author(s) | |
Publication (Day/Month/Year) | |
Page numbers | 151-171 |
URL | http://www.oapen.org/download?type=document&docid=634572#page=166 |
Abstract | Multinational capital is flowing into African agrifood systems in ways that are dramatically altering how food is produced and consumed in the region. While multinational investments in African food systems are not new, shifts in the political, economic and demographic landscape of the region have expanded the scope and scale of these investments. Over the last decade or so, much of sub-Saharan Africa has witnessed rapid urbanisation, sustained GDP growth, single-digit inflation and the emergence of an African middle class (Chikweche and Fletcher, 2014; Fine et al., 2012; Losch, 2012; Ncube, Lufumpa and Vencatachellum, 2011). These domestic transformations are taking place within a global context of increasing uncertainty over global grain supplies and prices (Dewbre, Giner, Thompson and Von Lampe, 2008). The interactions between these domestic, regional and global factors have created incentives for multinational investment throughout African agrifood systems, from food production to retailing. |
» | Zambia - Rural Agricultural Livelihoods Survey 2012 |
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