AIM Investments is investing $1m into Farm Lands of Guinea which, in turn, will invest $500,000 into AIM. FLG has prepaid 99 year leases on over 100,000 hectares of arable land in Guinea.
The Agriculture Investment Summit Americas is a three-day senior-level conference for US, Canadian, and Latin American investors to access global agribusiness and farmland opportunities.
Review of US farmland prices from an investor perspective
Global X has filed paperwork with the United States' Securities and Exchange Commission for a “Global X Farmland & Timberland ETF.”
While Serengeti Advisers and their partners as well as the Tanzanian government thought theirs was a move to attract Foreign Direct Investment in commercial farming, to critics the deal is another land grabbing done by the pimps of globalization.
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Agriculture, Food Security and Cooperatives shadow minister Meshack Opurukwa has questioned a contract between the government of Tanzania and a US-based firm – Agrisol Energy – in which the latter is to acquire huge chunks of land in Rukwa region to produce food crops.
They believe food will only get more expensive around the world
At least 21 investors from famous US firms who were in Tanzania to scout for business opportunities for 10 days have acquired, among other things, land for production of food crops in East Africa’s second largest economy.
"We request that the US government recognize that simply trying to make land grabs more 'responsible' is not enough to address the problems of growing hunger in the Global South."
Investors, such as Jarch Management and Nile Trading and Development, are buying up huge tracts of fertile land in Southern Sudan.
Asian investors have overtaken Europeans as the biggest buyers of Australian land, a snapshot of foreign acquisitions reveals.
PepsiCo Inc, the world's second-largest food and beverage company, will continue its investment in China's agricultural sector.
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Tanzania: BBT gets massive AfDB 347bn/- boost
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