Multinationals carving up Africa for food

English: DRC, orthographic projection.

English: DRC, orthographic projection. (Photo credit: Wikipedia)

 

It is a question being asked not only in Ethiopia but across Africa. Many other countries are also welcoming big agricultural projects bankrolled by foreign investors whose goal is to send food abroad. Liberia has reportedly signed concessions for nearly one-third of its national territory in recent years. Half of the Democratic Republic of the Congo\’s agricultural lands are being leased to grow crops, including palm oil for the production of biofuels. Perhaps the largest single venture to date is the ProSAVANA Project in northern Mozambique, where an area roughly the size of Switzerland and Austria combined has been leased by Brazilian and Japanese companies to produce soybeans and maize for export.

 

via Multinationals carving up Africa for food.

 

 

 

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