Driven by fear and lured by promises of high profits, foreign investors are scooping up vast tracts of farmland in some of the world’s hungriest countries to grow crops for export... Governments...and rich investors...have negotiated deals to acquire tens of millions of acres of farmland in Africa, South America and South Asia....Although both investors and host countries often refer to acquired land as under-developed or empty, the deals typically displace herders and small farmers, who are not consulted and, in any case, lack legal deeds. The World Bank estimates that between 2 and 10 percent of Africa’s land is held under formal land tenure...“The foreign companies are arriving in large numbers, depriving people of land they have used for centuries,” Ethiopian Nyikaw Ochalla told Vidal. The deals are done secretly. "The only thing the local people see is people coming with lots of tractors to invade their lands..."[refers to Karuturi, Saudi Star, China Investment Corporation, Daewoo Logistics]