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Article

30 Jan 2014

Author:
Al Jazeera

Ethiopia - Land for Sale [includes video]

...Ethiopia has been experiencing stellar economic growth...But it is not all positive news, because for all the good figures there are still plenty of bad ones...many critics say that the growth seen in agriculture, which accounts for almost half of Ethiopia’s economic activity and a great deal of its recent success, is actually being driven by an out of control ‘land grab', as multinational companies and private speculators vie to lease millions of acres of the country’s most fertile territory from the government at bargain basement prices...[A]ccording to a host of NGO’s and policy advocates...the true consequences of the land grabs are almost all negative. They say that in order to make such huge areas available for foreign investors to grow foodstuffs and bio-fuels for export...the authorities are displacing hundreds of thousands of indigenous peoples, abusing their human rights, destroying their traditions, trashing the environment, and making them more dependent on food aid than ever before. [video refers to Saudi Star]