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On September 15, 2015, the World Bank announced US$600 million of financing for a new initiative in Ethiopia, Enhancing Shared Prosperity through Equitable Services (ESPES).
Ten African countries have signed up to the New Alliance for Food Security and Nutrition – the G8 countries’ main strategy for supporting agriculture in Africa that was launched in 2012. As the New Alliance has been under way for three years, some of its likely impacts are becoming clearer.
Over the past 15 years, tens of millions of hectares of land have been acquired by large investors in developing countries.
In 2008, three sugar companies were awarded nearly 20,000 hectares of Economic Land Concessions (ELCs) in Oddar Meanchey province.
Over the past six years, the Oakland Institute has been at the forefront of exposing the social, economic, and environmental impacts of foreign land grabs in Ethiopia.
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