The lesser known story of India’s role in Ethiopian land deals

The Conversation | 1 June 2015

by Mohammad Amir Anwar, Post-doctoral fellow at University of Johannesburg

India can ill-afford to be tainted by accusations of complicity in land deals that disadvantage the people of Africa given the role it sees for itself in promoting co-operation among countries in the south

The global food price crises between 2008 and 2009 led countries that bore the brunt of the catastrophe to look elsewhere for agricultural land to mitigate the effects. In 2008 prices of some foods, including wheat, soared by 130% in a single year and the United Nation’s Food and Agriculture Organisation’s food price index shot up 40%. The result was a frenzied scramble that saw countries acquire an estimated 40 million hectares of land in foreign countries, most of it in Africa. A great deal of attention has been paid to the role of the US, the largest investor in land in the world, China and Middle Eastern countries. Much less attention has been given to the role of India. A global land monitoring initiative, Land Matrix, ranks India as one of the top 10 investors in land abroad. It is the biggest investor in land in Ethiopia, with Indian companies accounting for almost 70% the land acquired by foreigners after 2008…

– See more at: http://farmlandgrab.org/post/view/24990-the-lesser-known-story-of-indias-role-in-ethiopian-land-deals#sthash.D1Gptbpt.dpuf

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