US universities in Africa 'land grab'

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US universities in Africa 'land grab'

robmij
Source: Guardian

Institutions including Harvard and Vanderbilt reportedly use hedge funds to buy land in deals that may force farmers out

Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study.

Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental and social problems in the poorest countries in the world.

<a href="http:// http://www.guardian.co.uk/world/2011/jun/08/us-universities-africa-land-grab?CMP=twt_fd">Read More

http://www.guardian.co.uk/world/2011/jun/08/us-universities-africa-land-grab?CMP=twt_fd
RM
www.robertmijas.com/blog