African countries are giving away vast tracts of farmland to other countries and investors almost for free, with the only benefits consisting of vague promises of jobs and infrastructure, according to a report published today.
“Most of the land deals documented by this study involved no or minimal land fees,” it says. Although the deals promise jobs and infrastructure development, it warns that “these commitments tend to lack teeth” on the contracts.
The report – “Land Grab or development opportunity?” – is written jointly by two United Nations bodies – the Food and Agriculture Organisation and the International Fund for Agricultural Development – and the International Institute for Environment and Development, a London-based think-tank.
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