We are partnering to bring innovation to the African seed industry and improved product choices to farmers.
DuPont Pioneer has acquired majority ownership in Pannar, a South Africa-based seed company with operations throughout Africa and in other parts of the world.
With 86 million acres (35 million hectares) available for maize production, Africa represents a significant opportunity for improved productivity. Average grain yields are less than 2 tons per hectare, about one-third of what is achieved in other developing regions and only one-fifth of yields in developed countries.
Some benefits of the partnership include a new technology hub in South Africa, a unified research strategy, better knowledge-exchange with local farmers, and improved productivity.
Read more about the acquisition.