Global: African land interest is opportunity and threat
28.05.2010
Africa, with an estimated 700 million hectares of cheap potential new farmland, has been attracting the attention of foreign investors from nations seeking to enhance food security. Foreign companies with funding from the likes of China, the United Arab Emirates and India have been acquiring land across sub-Saharan Africa. Ethiopia alone has reportedly approved more than 800 foreign-funded agro-projects since 2007.