What is it about?
Foreign investors are targeting land in Sub-Saharan Africa. This paper tackles the following questions: Why have sub‐Saharan African (SSA) countries become attractive destinations for land investment? How would transnational land deals affect the sustainability and development of SSA countries?
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Why is it important?
We discuss the threats and opportunities of land investment deals to the sustainability and development of Sub-Saharan Africa. This is important for structuring land acquisition deals to ensure better outcomes for millions of small-scale farmers across the region. This paper examines country characteristics associated with land acquisitions. The results reveal that the availability of land and water, corruption, days required to start a business, government effectiveness, cost of business startup and political stability are critical determinants of land acquisition investments in Sub‐Saharan Africa. Three significant findings for better outcomes of land deals are: scrutinizing investors' business models, technical experience, and knowledge of local culture; undertaking rigorous environmental and social impact assessments (ESIA) to weigh the long‐term cost benefits of LASLA projects; and conducting transparent contract negotiations.
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This page is a summary of: Why is sub‐Saharan Africa an attractive destination to foreign land grabbers? Evidence from country characteristics, African Development Review, April 2022, Wiley,
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