Abu Dhabi moves to secure food supply
- Zawya.com
- 17 November 2010
Abu Dhabi Sources will be going up against well established trading houses, including Glencore, Cargill and Louis Dreyfus.
Abu Dhabi Sources will be going up against well established trading houses, including Glencore, Cargill and Louis Dreyfus.
Agri-Vie, a private equity fund focused on food and agribusiness investments - including farmland - in subSaharan Africa, closed its first fund with participation from Kellogg Foundation, NorFund, IFC and AfDB.
New South Wales Farmers Association is calling for a register of all overseas purchases of Australian agricultural land and water licenses.
"I will give [Nigeria's] CHICASON not less than 50,000 acres of land anywhere in the country," says the President of Sierra Leone.
Olam CEO says his company utilises political risk insurance from the World Bank and other sources for its agri-investments in Africa.
Gabon committs a land bank of 300,000 hectares to Olam for palm and rubber plantation development.
More than $9 billion of prized agricultural assets have been sold to offshore interests in the past two years alone.
Karuturi has an agreement to provide 40,000 tons of rice to neighboring Djibouti.
Groups in the Philippines call on the government to review agreements with foreign investors allowing a lease of agricultural lands for food and biofuel production.
Investors have found a new target -- farmland in eastern Germany. As a result, the price of agricultural land there has soared by up to 100 percent. Many farmers are concerned about their survival after their current lease agreements run out in two years.
Tanzania expects South Korea to begin farming 15,000 hectares of land in the east African country early next year for food production and processing, a senior official said on Thursday.
Proceedings of the November 2010 workshop bringing together a wide range of NGO representatives from around Cambodia and overseas.