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Western investors buying up African farming properties in “land grab”: Report

Posted on 09 June 2011

Some prominent American universities and pension funds, among other wealthy foreign investors, are allegedly purchasing huge tracts of land in Africa — acts that may lead to the eviction of thousands of local farmers, according to a study by the Oakland Institute (Oakland Institute), a California-based think tank.
U.S. educational institutions, including Harvard University, as well as pension funds, are using UK hedge funds and European financial speculators to acquire large agricultural properties thousands of miles away on the African continent………………………………………..Full Article: Source


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