Land Rush:Is Africa for Sale?
by Ngansop
Category :
Commercial real estate
“How much more effective would our efforts have been if we had spoken with the voice of Africa’s millions. With all our minerals and power and fertile LAND, is it not a cause for shame that we remain poor and content to plead for aid from the very people who have robbed us of our riches …”
That was over half a century ago when Kwame Nkrumah gave this speech at the July 19, 1964 OAU Summit. This powerful message continues to resonate as it was just yesterday. In fact, since Africa has become the world new frontier, predators are rushing to the gold mine. Africa accounts for over 60 percent of the world’s arable land. No wonder in a recent years, we have witnessed an increasing demand for that special product from the western and the Asian foreigners. USA, China, Saudi Arabia, Qatar etc. are grabbing LAND in Africa like no others.
Questions:
1. How should African governments handle this land grabbing issue?
2. Should African trade their land for infrastructures just because they’re poor?
I need you contribution. Let’s make this blog a place of positive thinking.
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References:
2.https://www.brookings.edu/…/what-do-we-know-about-the-chin…/
3.http://www.imf.org/external/pubs/ft/fandd/2012/03/arezki.htm
4.https://www.bloomberg.com/…/…/2009-11-25/land-rush-in-africa