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.
- The Guardian
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12 July 2011
"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."
- courtesy of WHY Hunger
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11 July 2011
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.
The US Overseas Private Investment Corporation pours $150 million into fund targeting farmland acquisitions in Malawi, Mozambique, South Africa, Tanzania, Uganda, and Zambia
Farmland has been placed into the spotlight by "guru investors," wealth management funds, growing mega agri-industries, wealthy individuals, and food insecure nations.
- Business Insider
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15 June 2011
Iowa agribusiness investor Bruce Rastetter is leading a project to turn as much as 800,000 acres [324,000 hectares] of land in the east African country of Tanzania into a massive grain-and-livestock operation.
- Des Moines Register
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14 June 2011
The Swedish National Pension Fund is teaming up with US institutional investor TIAA-CREF to buy farmland in Australia.
- Stock & Land
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14 June 2011
Most of the current and past conflicts over Dominion Farms’ development of the Yala swamp can be traced back to three structural problems: poor communication, cultural and social misunderstanding and political involvement.
- State of Affairs
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10 June 2011
Institutions including Harvard and Vanderbilt reportedly use hedge funds to buy land in deals that may force farmers out.
Wealthy U.S. and European investors are accumulating large swaths of African agricultural lands in deals that have little accountability and give them greater control over food supply for the world's poor