US universities in African "land grab" with some of their endowments

[Cotton1]

https://amp-theguardian-com.cdn.ampp...rica-land-grab


This article is from 2011 but it's still a very interesting read. To date, over 260 million acres of farmland have been acquired by investors such as hedge funds , endowments, investors and other entities


Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study.

Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental and social problems in the poorest countries in the world.


More at link

[RMNIXON]

Like progressives care because it's Havaaaaard..................

The Super Rich Lefties screw everyone!

[FindersKeepers]

It would be interesting to know the agricultural progress--if any--that's happened on the land since it was purchased.