Meet the Millionaires and Billionaires of Africa

Count Miguel Pais do Amaral, an amateur race car driver. Oakland Institute just completed the most thorough investigative report on who's buying land in Africa we've seen yet: "Hedge Funds Grabbing Land in Africa," as BBC called it. Bruce Rastetter (CEO of Pharos Ag, co-founder of AgriSol Energy, CEO of Summit Farms, and a donor to the Iowa State University), the Iowa-based Summit Group and Global Agriculture Fund of the Pharos Financial Group, in partnership with AgriSol Energy LLC and the College of Agriculture and Life Sciences at Iowa State University, and Serengeti Advisers Limited, a Tanzanian investment and consulting firm led by Iddi Simba (non-executive director and the former Tanzanian Trade and Industry minister) and Bertram Eyakuze (partner and co-founder) The land they're buying: Three “abandoned refugee camps”– Lugufu in Kigoma province (25,000 ha), Katumba (80,317 ha), and Mishamo (219,800 ha), both in Rukwa province in Tanzania.
Leonard Henry Thatcher, David Neiman and other investors acquired land through a secret cooperative behind the backs of locals. The list goes on, Lady Faatimah will shed some light on the new day of colonization of Africa.