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allAfrica.com: Africa: The Second Scramble for Africa Starts (Page 1 of 1)

Berlin -- Sub-Saharan African countries have of late become the target of a new form of investment that is strongly reminiscent of colonialism: investors from both industrialised and emerging economies buy or lease large tracts of farm land across the continent, either to guarantee their own food provisions or simply as yet another business.

In doing so, investors even deal with warlords who claim property rights, as in Sudan.

Non-governmental organisations (NGOs) and activists in Europe are denouncing this land grab in Egypt, Sudan, Cameroon, Senegal, Mozambique and elsewhere in Africa as a new form of colonialism.

Uwe Hoering, a German researcher on development policy for several European NGOs, including the news letter Weltwirtschaft und Entwicklung (World Economy and Development), called these investments "a new form of agrarian colonialism".

In an interview with IPS, Hoering said that the land grab in Africa became evident in 2008 as a consequence of the recent run to so-called bio fuels and the price inflation and scarcity of food.

Although the investments are also targeting fertile land in other areas of the world, sub-Saharan Africa appears to be these investors' main destination. The reasons are multiple.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Apr 21st, 2009 at 12:45:44 PM EST
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