Investors Deny Africa Land Grab Claims

Author:
AlJazeera English
Publisher:
AlJazeera English
Publication Date:
26 June 2012
Tags:
Africa, Land and Rural Issues, Investment

Investors interested in buying land in Africa, have denied accusations that they are involved in landgrabs, insisting their practice is the only way to feed growing populations. Land in Africa, often extremely fertile and absurdly cheap, is the current talk of the investment market. The wealth funds assess issues to do with political volatility, risk of extreme weather, bribery and corruption. One problem with the buyup of africa is that there is little oversight except from local governments and the investment funds themselves.

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