Tennessee students win a divestment fight–even though the school won’t admit it.
With minimal consultation, governments and local authorities are signing away huge tracts of lands for lease on the cheap. Now communities are raising their voices in opposition to these projects that bring little local development.
By Dan Charles
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First of a two-part series. Read part 2.
In these days of financial uncertainty, the hot new investment tip is farmland.
Mozambique’s history of Portuguese colonialism, three wars, and then the imposition by the World Bank and International Monetary Fund of a harsh neo-liberal economic model led the government in the 1990s to accept the idea that the only way to promote development and end poverty was through encouraging foreign investment. Mozambique was identified by the World Bank as one of five sparsely populated African countries with large tracts of land available for rainfed cultivation. After 2000 rising...
EmVest Asset Management is a joint venture between Emergent Asset Management and Grainvest, a subsidiary of the RussellStone Group. Based out of Pretoria, South Africa, EmVest operates the African Land Fund (ALF) and lists social responsibility as a guiding tenet of its investment strategy, citing a desire to bring “economic uplift to communities through commercially viable, first world practices.”