Only ten percent of Africa’s potential crop land is irrigated compared with 26 and 44 percent in India and China respectively, according to crop scientist at Uganda’s Makerere University.
Intercontinental Exchange (ICE) is all set to change the way iron ore will be traded as it launches iron ore swaps contract on December 2 in association with Platts. ICE OTC cleared iron ore contract based on the well-regarded Platts Iron Ore Index.