Prindex Senior Land Governance Advisor Denys Nizalov argues that developing large, flexible rental markets with strong protections for renters and landlords can stimulate economies and support post-covid economic recoveries.
It was good land. Before the company’s arrival in 2011, the people of Ngovokpahun village had used it to grow cocoa and other cash crops to help them pay for their children’s education. But when Italian Agriculture offered to build them a school, health center, and roads, provide them with employment, and pay rent, leasing out the land seemed like the wiser option. The company drafted the agreement and the landowners signed.
Marc Wegerif, of the Human Economy Program within the Centre for the Advancement of Scholarship at University of Pretoria, was presenting at the 2019 Conference on Land Policy in Africa (CLPA) in Abidjan Cote d’Ivoire on 28th November 2019. The theme of the CLPA was “Winning the fight against Corruption in the Land Sector: Sustainable Pathway for Africa’s Transformation”.
In recent years, numerous companies have made commitments to better recognize and respect land rights throughout their supply chains. Although making such commitments is a critical first step towards achieving more responsible investments, many companies still struggle with how to practically implement those commitments.