date:Aug 01, 2013
percent stake in Pannar. Other terms of the transaction were not disclosed.
DuPont sees Pannar's seed operations, which extend across nine African countries, helping broaden its infrastructure across the continent.
Africa has about 86 million acres (35 million hectares) available for maize production and seed demand is high, totaling about $350 million in annual sales of hybrid maize seeds in South Africa alone, according to DuPont officials. Currently, average grain yields on the continent ar