IFC, a member of the World Bank, will provide US$50 million to the Argentine subsidiaries of Adecoagro S.A., a company backed by billionaire George Soros, to support resource-efficient farming and food processing technologies
Muitos fundos de investimentos multimercados entraram no negócio de terras. George Soros, por exemplo, conta com 270 mil hectares.
George Soros participates in $500 million capitalisation of new firm, Tunbridge Partners, that will invest in "real assets" in timber and agriculture.
Kenya-based private equity house Fanisi Capital said on Thursday it had bought a stake in a Tanzanian agro-processing company for $6 million, expanding its footprint in the region.
George Soros is ready to invest $1 billion in agriculture and infrastructure projects in Ukraine if Western countries help private investment there.
Adecoagro will assist FMN in the management and development of Kaboji Farm, one of the largest commercial farms in Nigeria, comprising 10,000 ha of maize and soybean.
Hedge fund billionaire George Soros made a fortune betting against the British pound in 1992 and was accused of doing the same against the Thai baht and the Malaysian ringitt in 1997. Today Soros is making a killing buying and selling farmland in South America.
New census data out this week from Uruguay’s leading ag agency shows the number of foreign investors buying Uruguay farmland and the average farm size both rose rapidly over the past decade.
Adecoagro, the South American farm operator backed by George Soros and Dwight Anderson, said that growth in the value of its huge land portfolio slowed to 5.6%, fuelling concerns over the impact of Argentine curbs on foreign investors.
Adecoagro, which owns nearly 300,000 hectares of land in Argentina, Brazil and Uruguay, said it had sold its San Jose site for $1,212 per hectare, compared with a purchase price of $85 per hectare in 2002.
Lo hizo a través del fondo de inversión Adecoagro, que cuenta con emprendimientos agrícolas y agroindustriales en prácticamente toda Sudamérica. En Santiago del Estero ya tenía campos en el departamento Belgrano, donde produce oleaginosas y cereales. El valor de la hectárea en esa zona ronda los 7 mil dólares.
Foreign-investor purchases of farmland in poorer nations are displacing local populations and adding little to a country’s wealth, even as agricultural prices increase, according to Oxfam International.
