Friday, May 18, 2012


The United Nations has said that by 2030, the world will need at least 50 percent more food, 45 percent more energy and 30 percent more water. Absent these resources, it said, up to 3 billion people would probably be condemned into poverty.

(Reuters) - A group of U.S. seed, chemical and equipment companies will invest at least $150 million over the next few years into African agricultural projects and products, the companies said on Friday.
The investments pledged by DuPont (DD.N), Monsanto (MON.N), Cargill CARG.UL and others are part of an overall $3 billion effort by companies around the world announced by President Barack Obama.

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