As financiers seek to diversify their fee bases, investment banks are scenting an opportunity in Gulf states’ eagerness to secure long-term food supplies in the form of agricultural investment deals.
- Financial Times
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17 August 2009
Saudi Arabia and the UAE are worldwide leaders in buying farmland in third-party countries, followed by China and Japan, says the World Bank.
- World Bank
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31 January 2009
When the Kwara State Government invited the displaced Zimbabwean farmers to the state for the Tsonga farming project, many thought it was another white elephant exercise.
Some Laotian farmers are losing their ancestral lands or being forced to become wage workers on what were once their fields
One would expect China to add food crops, or farm land, into its growing number of arrangements with African nations, which could explain part of China’s support for Robert Mugabe in that potential breadbasket, Zimbabwe (one report states that China has already received rights to farm 250,000 acres, or 1,000 square kilometres, of corn in southern Zimbabwe).
- China Dialogue
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03 June 2008