date:Jun 28, 2012
oil, said Baker. It is encouraging to see some African countries seizing their biofuels opportunity because it will encourage investment in agricultural, create much needed local employment and help reduce their reliance on foreign oil.
In the European region, production continues to grow at a robust pace. In 2011, Europe saw its production grow by 4 percent over 2010. This year, Europes production increases will more than double last years growth rate. Europe is expected to produce 4.9 billion