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G8 New Alliance condemned as new wave of colonialism in Africa

19-2-2014 < No Fake News 276 124 words
 


A landmark G8 initiative to boost agriculture and relieve poverty has been damned as a new form of colonialism after African governments agreed to change seed, land and tax laws to favour private investors over small farmers.


Ten countries made more than 200 policy commitments, including changes to laws and regulations after giant agribusinesses were granted unprecedented access to decision-makers over the past two years.


The pledges will make it easier for companies to do business in Africa through the easing of export controls and tax laws, and through governments ringfencing huge chunks of land for investment.’


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