Salala Rubber Corporation sells its plantation to Jeety Rubber LLC

• Liberian Investigator
• 31 August 2024

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.

Israel eyes Kenya for wheat farming after Galana-Kulalu maize failure

• Business Day Africa
• 30 August 2024

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.

Socfin to withdraw from Luxembourg Stock Exchange: the end of an era

• Delano
• 29 August 2024

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.

Nigeria: Court restrains Nasarawa govt from arresting farmers amid seizure of 10,000 hectares

• Daily Post
• 28 August 2024

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.

Hedge fund's $100M Arizona farmland buy stirs fears of water grab

• Arizona Daily Star
• 26 August 2024

New York-based hedge fund Water Asset Management LLC spent $100 million to buy farmland and water rights in Western Arizona, stirring concerns about a future “water grab” from that rural area and of corporate control over a major groundwater source.

Nigeria: Ibadan has arable land for agriculture – Olubadan tells Belgian Ambassador

• Daily Post
• 26 August 2024

The Olubadan of Ibadanland, Oba Owolabi Akinloye Olakulehin Ige Olakulehin 1 has said Ibadan has told investors that the city has arable land suitable for agricultural production.

Swedish pension fund looking to offload $50m of WA farms

• AFR
• 25 August 2024

Swedish pension fund Forsta AP-fonden is downsizing its Australian farmland holdings after listing about $50 million of cropping properties in Western Australia’s Great Southern region.

Pakistan: Food companies set their eyes on uncultivated farmlands

• Hurriyet
• 25 August 2024

Food companies, especially food exporting firms, are hoping that they can benefit from a recent regulation that paves the way for the Agriculture and Forestry Ministry to lease out agricultural lands that are not cultivated for two consecutive years.

Africa’s big food opportunity

• CNBC
• 24 August 2024

African Food Security, a New York-based company, says it will grow maize on 305,000 ha in Cameroon and and 335,000 in the DR Congo, with plans to eventually reach 1 million ha in Africa.

Pakistan: SIFC identifies 4.8 million acres of state land for corporate farming

• Profit
• 23 August 2024

A military-owned company will lease the land for 30 years through joint ventures and allocate it to investors for farming projects

Indonesia prepares 1.5 million hectares for dairy farming and cow imports to support Prabowo's program

• Jakarta Globe
• 23 August 2024

The Ministry is engaging with private investors and international partners. Recent discussions include an investor from the Middle East seeking 20,000 hectares and interest from China and Vietnam for a minimum of 5,000 hectares.

The long road to getting land back in Mexico

• Ojalá
• 23 August 2024

San Isidro is not just a land grab case of a company being favored by the state. Here, the death of the people carries the name of a transnational-- Amway.