By next year ‘palm oil is forecast to be the world’s most produced and internationally traded edible oil.’ But as foreign investors descend on Africa to develop large-scale palm oil plantations, the survival of local people is being threatened as they lose control of the land and water on which they depend for their food production and livelihoods, warns Joan Baxter.

Proposing ‘grandiose solutions without first diagnosing the causes of what ails Africa and her people has never stopped the World Bank, corporations and the odd billionaire from prescribing the wrong medicine for the continent,’ writes Joan Baxter, as the Bank makes plans to ‘unlock’ the future of African agriculture.

With the 2011 Forbes List of the world’s billionaires recently released – and acutely aware of the huge volume of unaccounted for money found in offshore havens – Joan Baxter discusses the ‘highly stratified world that has become treacherously top-heavy’.

The large-scale acquisition for industrial agriculture in African and other developing countries has been described as a global land grab, 'threatening food, seed and land sovereignty of family farmers, social stability, environmental health and biodiversity around the world', writes Joan Baxter. While it is understandable that investors deny that this kind of agricultural investment is a ‘land grab’, says Baxter, what is perplexing is that ‘the same kind of rhetoric is coming from some whose job it is to protect Africa’s farmers’ rights and their farmland from exploitative foreign takeover’.

The fervour with which foreign commercial interests are forcing their agricultural 'solutions' on the African continent represents nothing more than an established endeavour to protect profits and access to resources, writes Joan Baxter. For all that they are dressed up as 'help' and 'knowledge', these ostensible solutions are about one thing: Money. So long as powerful initiatives like the Green Revolution and agribusinesses are able to trample on the continent's sovereignty, Baxter argues, Africa's land, traditional knowledge, biodiversity, seeds and crop varieties will remain in liquidation.