Calls to end Africa's 'horrific' land deals after Indian firm's fallout
- Reuters
- 28 November 2017
Sai Ramakrishna Karuturi tells Reuters that the governments of India and Ethiopia are working to “amicably resolve outstanding Karuturi issues”.
Sai Ramakrishna Karuturi tells Reuters that the governments of India and Ethiopia are working to “amicably resolve outstanding Karuturi issues”.
A group of Israeli investors plans to invest in Cambodia’s dairy industry. The group has chosen Takeo province to raise a herd of 500 cattle over 300 hectares of land as the first phase of their plans in Cambodia.
The final consideration will be based on Sinarmas Natural Resources' initial enterprise value of US$111 million, its working capital and financial statements at completion.
Indoor horticulture farms are attracting an increasing level of investment. Combined with the advent of artificial intelligence, it's taking factory farming technology to new heights. South Korea and Japan to join the race.
The struggle for land in northern Uganda has been going on for a decade but has taken a violent turn recently. The government is currently trying to amend the constitution so that it can acquire land quickly in cases where compensation is disputed.
Backed by official encouragement, China’s largest pig farming companies and new entrants are racing to build vast hog farms in the north-eastern cornbelt.
The Board of Directors of the African Development Bank Group today approved US$10 million equity investment in Phatisa Food Fund2 (PFF2) to boost agriculture and nutrition across Africa
Former Governor of Abia State, Dr Orji Uzor Kalu, says Chinese farmer is worth $7.9billion and supplies chicken, vegetables and fruits to fast food, restaurants and eateries in China, which he is looking to replicate in eastern Nigeria.
China Railway Seventh Group and the Zambian government sign infrastructure construction deal for the planned 200,000 ha Kalungwishi Farm Block in Mporokoso district.
A Mozambican delegation is in the UAE to conclude procedures prior to signing a formal agreement on cooperation in agriculture, while Dubai Ports World is in negotiations with the Mozambican government over the future of the port of Nacala.
Japanese trading house Mitsui & Co. will pour some $267 million into farm-product trader ETC Group of Dubai under a deal announced Monday, aiming to expand non-resource-related business in Africa.
Fonterra has increased its investment in Lithuania's biggest dairy producer, AB Rokiskio Suris, to support its New Zealand milk pool and further grow its export markets such as the Middle East.