Land grab: The race for the world's farmland
In Africa they are calling it the land grab, or the new colonialism. Countries hungry to secure their food supplies – including Saudi Arabia, the Emirates, South Korea (the world's third biggest importer of corn) China, India, Libya and Egypt – are at the forefront of a frantic rush to gobble up farmland all around the world, but mainly cash-starved Africa.
Over the past few months, Saudi Arabian investors have paid $100m for an Ethiopian farm ...
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