New research from War on Want reveals that the UK government’s Department for International Development (DFID) has been using the aid budget to promote the interests of multinational food companies in Africa.
- War on Want
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06 December 2012
The African Agricultural Capital Fund, which is backed by USAID, Bill Gates and JP Morgan, has invested $1.2 million in NUAC, a company owned by several Danish partners that operates Uganda's largest farm.
Sobre la compra de extensiones enormes de terrenos de países pobres por parte de ricos inversionistas, como ocurre en África, Bill Gates considera que "el que corre más riesgos es el inversionista"
Concernant le rachat des terres dans des pays pauvres par de riches investisseurs, Bill Gates estime que "la personne la plus à risque est celle qui investit l'argent".
On the issue of land investments that are referred to by their critics as "land grabbing", Gates said: "It's not actually possible to grab the land. People don't put it on boats and take it back to the Middle East."
Gates says many large land deals in Africa are beneficial, criticizes Western groups for holding them back, and says those who invest in Africa are the ones who are at risk.
- AllAfrica
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09 February 2011