16 August 2009

African Farmland ~ Investors as Neo-Colonials?

Horand Knaup and Juliane von Mittelstaedt write in Der Spiegel of the The New Colonialism: Foreign Investors Snap Up African Farmland...
"Governments and investment funds are buying up farmland in Africa and Asia to grow food -- a profitable business, with a growing global population and rapidly rising prices. The high-stakes game of real-life Monopoly is leading to a modern colonialism to which many poor countries submit out of necessity."
(Thanks for translation from the German by Christopher Sultan)

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