Tuesday, February 08, 2011
The Food and Agriculture Organization of the United Nations (FAO) estimates more than 75,000 square miles have been acquired by foreign interests in Africa alone. A 2010 field study conducted by FIAN in Ethiopia found that the equivalent of up to 20 percent of the country’s arable land has been bought by or made available to foreign investors.
American companies are among those making land deals in Africa. New York-based Jarch Capital, bought an area the size of Dubai from a warlord in South Sudan last year, and Dominion Farms Ltd., which bought swampland in Kenya in 2003 to turn it into a rice plantation, has reportedly intentionally flooded local farms to force the relocation of farmers.'
Posted by DotConnector at 08:24