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Foreign investors buy 50mn hectares of African land in six years

By Donato Ndongo, in Malabo, Equatorial Guinea | According to a paper by the United Nations’ Food and Agriculture Organization (FAO) and the International Fund for Agricultural Development, between 2004 and 2010, foreign investors have bought at least 50 million hectares in twenty African countries at ridiculously low prices: Ethiopia, Madagascar, the Democratic Republic of Congo, Kenya, Mozambique, Senegal, Mali, Uganda, Kenya … and in the tiny Equatorial Guinea. Actively engaged in this business are…