Zambia: Rich African farms draw international investors
- TradeInvest Africa
- 02 Mar 2011
Private investment in Africa's agriculture is rising. says Neil Crowder of British firm Chayton Africa, which recently acquired a farm in Zambia.
Private investment in Africa's agriculture is rising. says Neil Crowder of British firm Chayton Africa, which recently acquired a farm in Zambia.
Of the 16 applications received, only six were from Zambia while the rest were from foreign investors from the UK, Egypt, China, Hungary, Mauritius, Switzerland and South Africa.
Disposant de terres arables non exploitées, la Zambie les loue à des entreprises occidentales qui y cultivent des céréales. De quoi assurer l’approvisionnement du marché national.
Foreign investment in a Zambian farming firm may be a business model for Africa's hunger and food security problems.
The Zambian Development Agency signed off the virgin land to a firm called Menafea Holding which will grow pineapples and produce juice
A Saudi Arabian investor plans to lease a 5,000 hectare farm and a fruit-processing plant in Zambia, Finance Minister Situmbeko Musokotwane said.
Zambia does not regard leasing farmland to foreign investors as a form of 'colonialism' and is encouraging Gulf countries to invest in its agricultural sector, its finance minister said on Saturday.
Indian company signs an MoU with Zambia Development Agency to facilitate the acquisition of 100,000 hectares of land for agricultural development in Zambia.
Government’s policies of liberalizing land markets and focusing on foreign investment are having a detrimental impact on Zambia’s rural poor.
Land is too important to be left to the whims of international commercial interests to overrun the land rights of the ordinary people of Zambia.
International investors from Britain to South Africa have begun putting money into infrastructure development and transport, and about 200 exiled Zimbabwean farmers have taken leases from the Zambian government to develop farmland in the country.
45 new private equity funds are planning to invest US$2 billion in African agriculture in the next 3-5 years, according to participants at the Africainvestor Agribusiness Project Summit taking place in Durban
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