50 Million Acres in Africa Snapped Up in 'Massive Neocolonial Grab'
photo: Luigi Guarino via flickr.
Every couple of months the spectre of neo-colonialism in Africa raises its hideous form in the context of land being taken by foreign countries for food or biofuel production. Relating an article from Business Week, Biofuels Digest sums up how much land has been taken:
To date, South Korea acquired 1,704,000 acres of Sudanese land for wheat cultivation; the Emirates is investing in the acquisition of 933,000 acres, also in the Sudan, for corn, alfalfa, wheat, potato and bean cultivation. Saudi Arabia is reportedly seeking 1,235,000 acres, while China has purchased 6.9 million acres in the Democratic Republic of the Congo for an oil palm plantation and is seeking 4.94 million acres in Zambia for a jatropha plantation.
British and other European interests have also been actively acquiring freehold and leases in Angola, Ethiopia, Mozambique, Nigeria and Tanzania, including 5,500 acres for the UK’s Sun Biofuels in Tanzania, 24,700 hectares in Nigeria by Trans4mation Agritech, 111,000 acres in Tanzania by the CAMS group in Tanzania, 32,000 acres by SEKAB in Mozambique in a venture that is now being wound down.
The total cost, including some 1.6 million acres of land in Russia and Ukraine, is estimated to be $40 billion.
via: Biofuels Digest
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