Tag Archives : cheap leases

Through a subsidiary of the conglomerate Daewoo, South Korea concluded in 2008 with Madagascar an agreement to lease 1.3 million hectares for 99 years. Land leases in Africa are not only prevalent; they are dirt cheap. Land rights are very low in northern Sudan, for instance, where a hectare can be leased from 2 to 3 dollars per year. In Ethiopia, [...]