New $25 mln fund launched to grow African agriculture

CAPE TOWN (Reuters) – A mango project in Burkina Faso exporting to Europe will receive the first grant from a new $25 million agriculture fund launched on Thursday that is designed to connect small farmers to international markets. With global food demand expected to grow by at least 70 percent by 2050 and with sub-Saharan Africa home to about 60 percent of the world's unused arable land, experts see African farmers as leading the next agricultural boom. …