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Title: Activists, Researchers Raise Alarm on Africa's 'Land Grab'
Visit: Activists, Researchers Raise Alarm on Africa's 'Land Grab'
Author:
Nico Colombant, Voice Of America (VOA)
Dated:
28 Jan 2010
Activists and researchers in the United States are raising the alarm on what they call the "land grab" in Africa. Outside governments and foreign corporations have been turning increasingly to African countries to purchase large areas of land, to the dismay of activists, who say economic mistakes of the past should not be repeated...On the other side of the debate, investors, foreign buyers and local leaders say such long-term land leases will create thousands of jobs and bring in much needed revenue...Activists and investors do agree that after the world housing market collapsed, African land became a widely-sought cheap commodity. What they clearly disagree on is whether this trend is good or bad for local populations. [refers to Addax International, Morgan Stanley, Sinopec, China National Overseas Oil Corporations, PT Daewoo Logistics Indonesia, Cheil Jedang Samsung, Black Earth Farming, Alpcot-Agro, Black Rock, Al Kudra ]
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