Share |This story is really good news in sub-saharan africa but it is so nice to see a story in the western press that presents a more balanced picture of life and opportunity on this amazing continent we live on that I thought I would share it. And a perfect reason to revive this blog... enjoy!
Twenty-four miles northwest of Accra in Ghana, Anthony Botchway rips a pineapple plant from the ground with his bare hands. Wearing dirty boots, a short-sleeved shirt and jeans, he looks like any other farmworker, in a region where the daily minimum wage is less than $2.
The difference is that Botchway owns 7.2 million of the pulpy, yellow fruits. He rose from poverty to become managing director of Bomarts Farms Ltd., which owns and cultivates 3,000 acres (1,200 hectares) of land, partly because he got financial help, Bloomberg Markets magazine reports in its June issue.
Ecobank Transnational Inc. (ETI), which operates in more African countries than any other bank, provided an initial loan of $50,000 in 2002. Since then, Botchway has gone from peddling goods on village streets to exporting his extra-sweet pineapples to Europe and the Middle East. Read More...