The Agricost Farm in Romania, covering an incredible 57,000 hectares of land, was purchased from a Romanian businessman by UAE-based Al Dahra investment in 2018.
For more than a century, corporations have controlled the Hawaiian island’s water. That could be changing.
The United Arab Emirates-based Blue Forest plans to start planting 200 million mangrove trees in Mozambique in a concession twice the size of Singapore in November.
Conservation Resource Partners announced today the closing of its inaugural North American farmland private equity fund. with investment from institutional as well as high net worth investors, from both North America and Europe.
Agriculture & Natural Solutions Acquisition Corporation announced agreement for a business combination with the iconic Australian Food & Agriculture Company Limited, one of the largest diversified agricultural portfolios in New South Wales
In recent years, Gulf economies have tackled their food dependencies not just by importing foodstuffs but through land enclosures, or the purchasing of agricultural land abroad, particularly in the Middle East, North and East Africa (but also as far as the United States and Australia)
Privately-owned Australian Food & Agriculture Company has sold its 13 New South Wales farms spanning 225,405 ha to NASDAQ-listed Agriculture & Natural Solutions Acquisition Corporation for $780 million.
Amr Abdel Wahab, chairperson and managing director of the Egyptian Countryside Development Company, signed an investment contract with Al Magd Group for a 29,000-feddan area for the large-scale cultivation of oil seed crops
The Liberian Investigator has confirmed that the Socfin Group has sold the Salala Rubber plantation to Jeety Rubber following weeks of violent protests at the company’s facilities and years of serious criticism from Green Advocates and international rights groups for reportedly causing significant harm to local communities, including land grabbing, environmental degradation, and human rights abuses.
Kenya has revealed plans to lease large tracts of land to Israeli investors for wheat production, marking a renewed agricultural venture after an earlier Israeli-led maize project at the Galana-Kulalu irrigation scheme failed.
The CSSF has put an end to a year-long dispute between small shareholders and Socfin's main shareholders, the Fabri family and French billionaire Vincent Bolloré: the 689,337 shares they not control between them will be bought back at €32.50 per share. This will take Socfin off the stock market at a time when it is the target of fierce criticism from a major Norwegian pension fund. It was also the end of an era for the Luxembourg Stock Exchange.
The Federal High Court in Abuja has issued an order restraining the Nasarawa State government and security agencies from arresting farmers or interfering with their rights, pending the resolution of a legal dispute over the alleged forcible seizure of 10,000 hectares of farmland.
