1. Posted on Thursday 24 April 2008 - 07:37

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   Sam Banda Junior

   

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   Sam Banda, AfricaNews reporter in Blantyre, Malawi

   A visiting Chinese delegation headed by the Chief Executive Officer of China-Africa Development Fund says about US$5 billion have been earmarked for the production of food and cash crops in Liberia and other African countries over a 50-year period.

   

   Chi Jianxin, head of a Chinese delegation, is in Liberia to explore investment opportunities in the agricultural sector.
   
   He said his company has the financial capacity and expertise to develop and stabilize the food situation in Liberia "particularly in rice production and other cash crops" as well as other African countires.
   
   During an acquaintance visit with Liberia's Agriculture Minister Chris Toe, the Chinese delegation summed up its exploratory visit in averring that an increased investment in the agricultural sector would provide more food as well as jobs for thousands of Liberians.
   
   In response, Toe thanked the Chinese delegation for its commitment to revitalize the agricultural sector.
   
   He told the Chinese delegation that commercial rice and cassava production are critical priorities to reduce poverty in Liberia.
   
   "Commercial rice, Cassava, and other cash crops would greatly reduce poverty and enhance the economy," he told allAfrica.com.
   
   The minister assured that there are several investment opportunities in the country that could steadily be looked into for partnership.
   
   Toe acknowledged that a good investment partnership could be in the areas of food and tree crops, agro processing technology and the training of Liberian farmers in commercial farming activities as a way of making Liberia self reliant in food production.
   
   He then commended the government and people of China for the numerous assistance they continue to render the agriculture sector including the China-Liberia Agricultural Demonstration Center, bamboo weaving training program, hybrid production as well as the provision of assorted farming tools, among others.
   
   The Chinese are intervening in the agriculture sector at a time when food prices have skyrocketed world wide over the last three years leading to food insecurity.
   China is one of the countries which has set its site at investing more in Africa. Apart from pumping money in Agriculture, China also wants to invest in the rich minerals the continent has.
   
   Recently China established ties with the southern African country of Malawi where it has also promised to pump in large sums of money.
   
   Apart from China, India and Russia have also taken a strong interest in investing more in Africa.
   
   Keywords: africa agriculture society

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Reactions

1. Posted on Saturday 03 May 2008 20:32

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   bhukabijumiro

   

   
   31 berichten
   Lid sinds April 2008

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   When I see or read about the rising nation of China, it reminds me of a prophecy that I recall was made by Tuesday Robsang Rampa in one of his remarkable books. China appears to be a rising force in world affairs. Her influence in many African countries today is increasing especially as China earmarks billions of US dollars for development in Africa.
   
   Some people are seeing the rise of China as a danger to world peace because they claim that China's foreign policy is not at all concerned with the basic human rights violations that may occur in the countries where she goes for investment finance. Some countries argue that China should not deal (or invest that is to say), with countries that are listed as violators of human rights. This morning I heard a powerful lady voice on CSPAN radio, speaking vehemently against China's position in Sudan's Darfur region where millions of people are displaced or killed by the Janjaweed militia supported by the Sudanese regime of General Al Bashir. Of course China has invested heavily in the Sudan and is believed to be the major oil exploration dealer therein.
   
   The prophecy about China reveals that China would rise to become a world power that will be dominant over the world, perhaps like Great Britian was before the United States took over that position as the world incumbent super power today. Observers only hope that China will not colonize Africa, Europe or the Americas- indeed controlling the entire world. Unless things change, it does not seem that China's intentions include colonizing of other nations but more vested in raw materials, military growth, and scientific and technological advancement as a nation.

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