African agriculture today is among, or is, the most under-capitalized in the world. Only seven percent of arable land in Africa is irrigated, compared to 40 percent in Asia.

Eleni Gabre-Madhin

Quotation #18115

About This Quote

“A Commodities Exchange for Ethiopia.” TEDGlobal 2007. Jun. 2007. Conference Presentation.

Source: "A Commodities Exchange for Ethiopia." TEDGlobal 2007. Jun. 2007. Conference Presentation. Additional Information: This quote is from economist Eleni Gabre-Madhin's 2007 TED Talk about her vision to found a commodities market in Ethiopia. The quote means that the land in Africa is under-utilized in terms of its farming potential; in contrast to other parts of the world, such as Asia, most African land that could be used to grow food goes unirrigated. Watch the full TED Talk here: Eleni Gabre-Madhin - A Commodities Exchange for Africa