Investing in agribusiness: a retrospective view of a Development Bank's investments in agribusiness in Africa and Southeast Asia and the Pacific
This comprehensive study analyses the experience of the Commonwealth Development Corporation (CDC) as an investor in commercial smallholder and estate agriculture and agro-processing in sub-Saharan Africa and Southeast Asia and the Pacific between 1948 and 2000. It corroborates the view that agribusiness investments are risky, particularly when the investment is in a start-up.