Joint ventures in agriculture : lessons from land reform projects in South Africa

‘Inclusive business models’ have attracted renewed interest in recent years, as part of wider debates about growing agricultural investment in developing countries. This report discusses joint ventures in South Africa’s agricultural sector. The South African experience features major specificities linked to the country’s history and recent land reform programme. Land reform beneficiaries entered into a range of joint ventures with commercial partners. The report provides a cautionary tale for international debates about inclusive business models, while also identifying more promising models that are now starting to emerge.