This story from Ghana’s Volta Region is a warning to landowners in Africa and irresponsible African leaders who are carelessly mortgaging future generations’ inheritance during this global rush for land in Africa.
Ghana has offered to settle progressive farmers from Punjab to give a push to the agricultural sector in the western African country, a Punjab government spokesman said Thursday.
Magcor is investing $10 million USD to boost food production and security in Ghana after investing in Agricon Global last year.
A Mauritius sugarcane firm Omnicane is set to invest $250 million into sugarcane plantations in northern Ghana
The Ghana-based fund already has investments in farms in Zimbabwe and Cameroon, a fertiliser plant in Madagascar, a beverage company in Zambia and a bakery in Nigeria.
Studies raise serious concern about a process of land conversion that favours a small, but growing middle and upper class of Africans who are starting their farming ‘careers’ with relatively large land holdings.
Amatheon has already invested €30m in farming projects in Zambia and Uganda, and plans to spend an additional €350m in the coming two years in other African countries, such as Ghana and Mozambique.
Under an agreement between the Volta Regional Coordinating Council and China's Ningxia Province, the Ningxia Agricultural Development Group will begin investing in 100 hectares acquired at the irrigation site.
Critics of the initiative, however, fear the commercialisation of agriculture will not benefit small-scale farmers
Le dernier bulletin d'information de la Commission de l'UEMOA et du Hub Rural sur les actualités foncières ouest-africaines vient de paraître.
African countries that missed out on Gulf cash pouring into agricultural projects elsewhere on the continent are trying to entice Arab investors with deals they say are designed to avoid problems of the past.
Ghana government pledges its "absolute support" for Marubeni's sugar plantation project in Northern Ghana, saying it will facilitate the acquisition of land.
