About nine thousand people who will be evicted from the Nansanga Farm Bloc in chief Muchinda’s area in Serenje district face destitution because the government has not offered them alternative land.
The US Overseas Private Investment Corporation pours $150 million into fund targeting farmland acquisitions in Malawi, Mozambique, South Africa, Tanzania, Uganda, and Zambia
Sable Transport Limited of Zambia and Bonafarm Group of Hungary were the only two companies that submitted their bids for the acquisition of the core venture of 9,350 hectares and three other commercial farms.
The first Zambian company to float on Aim is planning to join the market in a listing which will help it raise £34million to buy 123,550 acres of prime farming land in Zambia.
Investors are thinking big when it comes to farmland purchases, reports Andrew Shirley in Knight Frank's Wealth Report 2011
D’ampleur mondiale, le phénomène d’accaparement des terres est aigu en Zambie.
The Zambia Development Agency has short-listed 10 local and foreign companies (such as Chayton Capital or Pro Alia Investment) which expressed interest in the development of Nansanga farm block (155 000 ha) in Serenje.
Agricultural land is once again attracting global investors but the sector is far from risk free.
In Zambia 15,000 hectares along the Zambezi River in the Kazungula district will be cleared of its forest, and sugar cane planted for ethanol and sugar production. It is not clear that the particular chief involved, or his customary community, were properly consulted or advised. No EIA has been produced
Saudi company Menafea Holding intends to invest $125 million in a 5,000-hectare 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.
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La fiebre mundial por la tierra
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