Horn of Africa reporters have been tracing the aggressive entry of foreign investors who have leased from Ethiopian government large tracts of arable land. Reporter Tizita Belachew gives an overview of what some critics have called the “new colonialism.”
The director of Ethiopia’s farm development program, Tarekenge Tsege, said large farms are bringing in knowledge, technology, job opportunity, economic growth and foreign exchange for Ethiopia. According to Tarekenge foreign investors have provided 375 thousand permanent and 1.8 million temporary jobs so far.
Critics such as Anuradha Mital, director of Oakland Institute charge that these foreign farm companies never bring food security or development to a country.
Mital cites this institute’s figures compiled on Ethiopia and other African countries that illustrate displacement of farmers and threats of land degradation and other environmental threats.
Source: Google news
Back to News Headlines