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Land Rush in Africa – BusinessWeek

Posted by Matt in November 28th, 2009 | no comment 
Published in Africa, , , , , , , , , , , , , , , , , , , ,

Farmland in developing countries has become an unlikely object of investor fascination. Goldman Sachs (GS), and Morgan Stanley (MS) are each raising hundreds of millions of dollars for agriculture funds aimed at Africa and Latin America. Agribusinesses in the U.S. are leasing vast tracts of African land from which they expect to export crops and [...]

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