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Bangladesh buying African farmland

world Updated: May 20, 2011 00:56 IST

IANS
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Thousands of hectares of farmland in Africa have been leased to two Bangladeshi companies as part of a collaborative effort that will enable them to acquire 60 % of the produce, and in return train African farmers in rain-fed rice cultivation.

According to the daily Sierra Express, deals have been signed by two Bangladeshi companies to lease unused cultivable land in Uganda, Tanzania and Gambia. The deals will enable Bangladesh to acquire at least 60 % of the produce from the leased lands in the respective countries, it said.

In return, the companies will train African farmers in rice cultivation, seed conservation and irrigation.