The Democratic Republic of Congo is the largest country in sub-Saharan Africa with a forecasted economic growth of 8.2% and more land than its citizens can develop – only 10% of its 80 million hectares of arable land are cultivated. The country is seeking to raise private investor financing for a $5.7 billion agricultural expansion plan (of which 15% has already been raised) however legislation requires that Congolese citizens or companies own more than 50% of any agricultural projects deterring foreign investors. Parliament is working to change the country’s agricultural ownership law by as early as September.
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