Lured by a new business model, wealthy nations flock to farmland in Ethiopia, locking in food supplies grown half a world away
BAKO, ETHIOPIA — In recent months, the Ethiopian government began marketing abroad one of the hottest commodities in an increasingly crowded and hungry world: farmland.
“Why Attractive?” reads one glossy poster with photos of green fields and a map outlining swaths of the country available at bargain-basement prices. “Vast, fertile, irrigable land at low rent. Abundant water resources. Cheap labor. Warmest hospitality.”
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