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Monday, 23 April 2012

Campaigners claim World Bank helps facilitate land grabs in Africa

Food shortages and rural deprivation exacerbated by World Bank policy,
says NGO ahead of land and poverty conference
The World Bank is helping corporations and international investors
snap up cheap land in Africa and developing countries worldwide at the
expense of local communities, environment and farm groups said in a
statement released on Monday to coincide with the bank's annual land
and poverty conference in Washington DC.
According to the groups, which include NGO Friends of the Earth
International (FOEI) and international peasants' group La Via
Campesina, decades of World Bank policies have pushed African and
other governments to privatise land and focus on industrial farming.
In addition, they say, the bank is playing a "key role" in the global
rush for farmland by providing capital and guarantees to big
multinational investors

http://www.guardian.co.uk/global-development/2012/apr/23/world-bank-land-grabs-africa?newsfeed=true


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