The land rush doesn’t have to end in a poor deal for Africans

Guardian | 17 April 2014 .

Foreign investment has often worked against the interests of African farmers

(Photo: Siphiwe Sibeko/Reuters)

The land rush doesn’t have to end in a poor deal for Africans by Katie Allen It is not too late for equitable partnerships to flourish between foreign investors and local communities If dodgy emails offering millions in return for your downpayment to repatriate a stranded Nigerian astronaut do not tempt you, then maybe this will appeal to your speculative side. A hectare of fertile African land, a 99-year lease, and all for $1 a year. Think about it: crop prices are soaring, land is appreciating and import-dependent rich nations virtually guarantee you a never-ending export market. It’s starting to sound like that Nigerian astronaut deal…

– See more at: http://www.farmlandgrab.org/post/view/23392#sthash.WAabXkPZ.dpuf

 

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