Hardie Peni says joining the consortium with other iwi and agribusiness investors was the only way to get a chance to buy the land.
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.
- Bloomberg
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22 September 2011
Four indigenous farmers won a legal battle Monday to have two controversial articles struck from a plantation law which they say prevent them from attempting to reclaim lost ancestral lands.
- ucanews.com
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22 September 2011
Recent steep rises in land prices worldwide, alongside rising food prices, are prompting more governments to introduce restrictions on overseas land ownership in an attempt to protect against perceived threats to domestic farming interests and food availability.
- WorldCrops.com
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22 September 2011
Preliminary research indicates as much as 227 million hectares - about the size of Western Europe - may have been sold, leased or licensed in large-scale land deals since 2001.
- Celcias
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22 September 2011
Algeria has for the first time formally invited expressions of interest from investors, including foreigners, seeking to acquire stakes in the country's farming sector.
- Reuters
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21 September 2011
Dutch-owned Genesis farms is producing Nerica rice seeds on 220 acres of land leased for 20 years in Port Loko District, Sierra Leone.
Peasants affected by land grabbing will hand over the Dakar Appeal, together with the names of organizations endorsing it, to governments during the negotiations on the Guidelines in Rome from 10-14 October.
The receivers of the Crafar farms say a bid from a New Zealand-based group is not as generous as the one from a Chinese group.
- Radio New Zealand
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21 September 2011
Desperate for foreign investment and the promise of development, African governments are increasingly offering to foreigners what their people rely on most—land
- Epoch Times
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21 September 2011
State governments across the country are seeking the review of the Land Use Act as part of measures to facilitate easy access to land, especially to encourage foreign direct investment.
- This Day
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20 September 2011
Speaking to US audience about investment opportunities in agriculture, Benue State Governor says 364,000 hectares of land are available for irrigation farming.
- Leadership
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20 September 2011