The World from PRX

Land grab in Africa by global hedge funds, American universities

Global hedge funds are buying up huge tracts of land in Africa, hoping to make money off the commodity and food trade, and prominent US universities are taking part.

Photo of a sheep farm in South African (Image by Wikimedia user NJR ZA (cc:by-sa))

Harvard, Vanderbilt and other prominent US universities are taking part in deals to buy up large swaths of African land. The deals could affect global food prices in the future. Anuradha Mittal of the Oakland Institute explains the situation to The World.

——————————————————————————-

PRI’s “The World” is a one-hour, weekday radio news magazine offering a mix of news, features, interviews, and music from around the globe. “The World” is a co-production of the BBC World Service, PRI and WGBH Boston. More about The World.

Land grab in Africa by global hedge funds, American universities - The World from PRX