Ethiopia's leasing of vast swathes of arable land to foreign and state-owned firms risks adding to the millions of people already requiring food aid in the drought-struck region, a US based think-tank warned on Friday.
When a local consultant firm, Serengeti Advisers, heard about a much marketed, ‘Green revolution’ or Kilimo Kwanza as it’s known here, the firm quickly grabbed the golden opportunity and invited a US based giant investor, Agrisol Energy to bring millions of dollars in Tanzania.
The Oakland Institute is shining a light on the disturbing new trend of impoverished nations selling their agricultural land to wealthy countries and large corporations.
Over 148 million acres of farmland in Africa have been purchased by Western hedge funds in the last three years.
Des Chèvres et des moutons fraîchement abattus suspendus aux arbres: dans les villages du nord du Kenya et du sud de l’Ethiopie, de telles scènes, loin d’être annonciatrices d’événements festifs, se multiplient, révélant la détresse de familles préférant tuer leur bétail plutôt que de le laisser mourir.
Indian investors plan to spend $2.5bn on acquiring vast tracts of cheap farming land in Ethiopia, Tanzania and Uganda.
As food prices rise, the lands of rural communities are being snatched up for plantations at an alarming rate around the world. According to the World Bank, large agricultural land deals made up an area bigger than California in 2009 alone.
Un projet international va évaluer l'ampleur de ce phénomène encore mal cerné.
Harvard’s endowment recently posted an impressive 21.4 percent growth to $32 billion in fiscal year 2011 thanks to investments made by the Harvard Management Company, the University’s asset management firm. However, in June, the Oakland Institute, an independent California-based policy think tank, released a report alleging that HMC and other university endowment managers had invested in Emergent Asset Management.
The California—based Oakland Institute released a report earlier this year that documents some of the problems caused by the acquisition of land by foreign firms, including Indian ones, in Ethiopia and other African countries.