The announcement of the sale - which is expected to attract significant foreign interest - comes a month after the government said it would clamp down on foreign ownership of agricultural land.
A new study examines large-scale land acquisitions by the agro-industrial sector in Cameroon since 2005.
New Mxico's SIC makes its second investment into an agriculture-related fund this year by investing $75 million in Brookfield Brazil AgriLand Fund II, after it approved a $200m commitment to a TIAA-CREF fund in February.
The Global Donor Working Group on Land provided an overview of ongoing work to develop operational guidance for the private sector to implement the Voluntary Guidelines for the Responsible Governance of Tenure of Land.
The Tanzanian government sacked senior officials of the Rufiji Basin Development Authority (Rubada) over the disappearance of more than Sh2.3 billion funds, some of which were for the acquistion of lands.
Sudan is hosting the agriculture ministers from Egypt and Saudi Arabia for discussions on a proposal made by president Omer Hassan al-Bashir to use his country’s vast fertile lands to achieve Arab food security.
The meeting brought together Economic and Trade Ministers from the UAE, Ghana, Morocco, Portugal, Spain and Macedonia to discuss how direct investment could be channeled into agribusiness to achieve food security and prosperity.
The European Bank for Reconstruction and Development (EBRD) is providing a €4 million loan to Spanish-owned Sanlucar Flor’alia, the first large-scale raspberry plantation ever established in Tunisia.
Land grabs in Africa are helping to perpetuate economic inequalities similar to the colonial era economic imbalances.
As China becomes a large importer, its food security strategy calls for gaining control over imports from their source.
New Zealand dairy giant will launch a fund that will pool capital from investors such as sovereign wealth funds and pension funds to invest in land and fixtures of dairy farms through a farm-owning entity.
The CEO of Cayman Islands-based United Cacao is looking to expand his agricultural plantations by acquiring 450 units of private property in the Amazon and 97,000 hs from the Peruvian government.
