Formerly, "This is Africa/fyeahAfrica".
(Profile Photo by Mama Casset)
DISCLAIMER:
I do not endorse any of the products or opinions shared on this site, nor do I claim any of the work posted here to be my own - except where stated. All posts originally made by me are credited. If no credit is given then the work is either my own/written by me or reblogged from another source.
A LITTLE ABOUT ME:
Student, 24
Based in Cape Town, South Africa
From Lagos, Nigeria
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(As an unemployed media student, all donations go into ensuring my survival in this cruel world and future projects I hope to embark on).
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(since Oct. 21th 2012)
Investors deny Africa land grab claims
Investors interested in buying land in Africa, have denied accusations that they are involved in landgrabs, insisting their practice is the only way to feed growing populations. Land in Africa, often extremely fertile and absurdly cheap, is the current talk of the investment market.
The wealth funds assess issues to do with political volatility, risk of extreme weather, bribery and corruption. One problem with the buyup of africa is that there is little oversight except from local governments and the investment funds themselves. Al Jazeera’s Laurence Lee reports from London.
Lies! Don’t piss on my boots and tell me it’s raining. We all know what they are doing.