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Shell, Marks & Spencer to Invest in African Flowers

| Thursday July 14th, 2005 | 0 Comments

afric.jpgBritish supermarket chain Marks & Spencer, along with Shell Oil will invest $1 Million in fruit and flower growing enterprised in South Africa. The investors claim that 3,000 people will directly benefit as well as the local ecosystem. The idea is part of a philosophy that says that aid alone can’t alleviate Africa’s economic troubles, rather, private investment is a key part of the bargin to eradicate poverty on the continent. More on WBCSD.


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