Sub-Saharan Africa is becoming the battleground of the world’s giant seed companies, which are in the process of negotiating a series of corporate consolidations that could leave almost 60 percent of the world’s seeds in the control of three firms, according to a report in The Guardian.
Until recently, six or seven global agri-food businesses have competed for a share of the world seed and chemical market. But if U.S. and E.U. regulators allow a series of mega-mergers to take place, within months just three companies will control almost 70 percent of the chemicals and pesticides needed to grow food and most of the world’s genetically modified crop genetic traits. See more