Saturday, July 2, 2011

Meet the New AFRICANS! Millionaires buying up land in Africa

For obvious reasons, there isn't much out there about who's buying what and how much in Africa. But what has discovered is a number of investors paying sometimes nothing for large plots of land in some African countries
The lease deals are arranged between seemingly corrupt African leaders, reportedly without disclosing the details to the members of the communities that will be displaced because of the land development, and investors such as hedge fund managers.

"In a "hedge fund land grab," investors are are being compared to colonialists in America." 

Ladies and Gentleman
Meet the new AFRICANS!

No comments: