Cape Town – The Bill and Melinda Gates Foundation is to grant US$8 million to develop a soya value chain in Africa, in partnership with US non-profit organisation TechnoServe and agricultural commodity trading giant Cargill. The announcement was made at the Soy Innovation Africa Conference held in Cape Town 26th and 27th August 2010.
The project is meant to run for four years, commencing initially in Mozambique and Zambia where it is aimed at 37 000 small-scale farmers. The model will be replicated in other regions at a later time.
The ACB has released a report titled “The Gates Foundation and Cargill push Soya onto Africa” wherein it argues that the Gates project is aimed at enabling commodities giant, Cargill, to capture a hitherto untapped African soya market and eventually introduce GM soya onto the continent where reception to GMOs remains chilly.
Soya is sought after by the rapidly expanding global livestock and agrofuels sectors. Currently Africa produces less than 1% of global soya, while the USA, Brazil and Argentina dominate the market. Cargill is the biggest global player in the production and trade in soya, with heavy investments in Latin America where genetically modified (GM)