Ethiopia is a locus of international attention in the Horn of Africa due to both its consistently high rates of economic growth and for its continued problems with widespread hunger and poverty. The nation is also significant for being among the most dependent on foreign aid. Topping the worldwide list of countries receiving aid from the US, UK, and the World Bank, the nation has been receiving $3.5 billion on average from international donors in recent years, which represents 50 to 60 percent of its national budget.
Understanding Land Investment Deals in Africa: Publications
Reports
A new report exposes the significant discrepancies between how Herakles Farms has represented their palm oil plantation project in Cameroon to the public and what it is telling prospective investors and creditors.
The aviation industry has high hopes for biofuels. As its profits are increasingly threatened by erratic fossil fuel prices, and as consumers are more and more concerned with the role of aviation in climate change, biofuels are being billed as the path to both profitability and sustainability. Unfortunately, emerging evidence suggests that as airlines rush to procure biofuel, they do so at the expense of people and the environment.
The Lower Omo Valley in Southern Ethiopia is internationally renowned for its unique cultural and ecological landscape. A UNESCO World Heritage Site, the Lower Omo Valley contains two national parks and is home to approximately 200,000 agro-pastoralists made up of some of Africa’s most unique and traditional ethnic groups, including the Kwegu, Bodi, Suri, Mursi, Nyangatom, Hamer, Karo, and Dassenach, among others.
Millions of acres of Ethiopia’s most fertile land are being made available to investors, often in long-term leases and at giveaway prices. Although proponents of these investments call them “win-win” deals, the reality proves much different. To make way for agricultural investment, and through its so-called villagization program, the Ethiopian government has forcibly displaced hundreds of thousands of indigenous people from their lands. This relocation process has destroyed livelihoods. It has rendered small-scale farmers and pastoralist communities dependent on food aid and fearful for their own survival. Ethiopian officials have also beaten, arrested, and intimidated individuals who have refused to comply with relocation policies.6 These actions are in direct contravention of Ethiopia’s obligations under international human rights law.
Following the 2007-2008 financial crisis and the collapse of the housing market, private equity funds have found a new lucrative soft commodity market to invest in – farmland. In a short period of time, obscured from public view, the flow of private capital into farmland and agriculture has grown dramatically worldwide.
The surge in large-scale commercial interest in land by domestic, international, private, and public actors has prompted a wide variety of stakeholders to consider how such investments may contribute to, rather than erode, local development priorities. The emerging body of evidence points to the significant risks of negative impacts on: access to and control over natural resources, household economies, food security, human rights, and the environment.
Agricultural investment in Zambia is on the rise as the government of this Southern African country is quietly marketing and planning the development of at least 1.5 million hectares (ha) of its land. Abundant supplies of land and water, a “positive” investment climate, and political stability are all touted as incentives for investment. This report contains an analysis of agricultural investment trends in Zambia today.
On July 9, 2011, the Republic of South Sudan (RSS) became the world’s newest nation. Despite the significant strides that South Sudanese have made since the signing of the Comprehensive Peace Agreement (CPA) in 2005, South Sudan remains one of the least developed countries in the world. In order to meet its developmental challenges, the government of South Sudan has begun promoting large-scale private investments as a shortcut to rapid economic development.
Mozambique’s history of Portuguese colonialism, three wars, and then the imposition by the World Bank and International Monetary Fund of a harsh neo-liberal economic model led the government in the 1990s to accept the idea that the only way to promote development and end poverty was through encouraging foreign investment. Mozambique was identified by the World Bank as one of five sparsely populated African countries with large tracts of land available for rainfed cultivation. After 2000 rising food and fuel prices and new climate change-related attention on forests triggered the interest of investors in Mozambique, particularly for trees (for paper, timber and carbon credits) and agrofuels (notably sugar and jatropha).