Quelque 95 tonnes de graines de sésame transportées par un avion charter sont arrivées samedi à l'aéroport Léopold Sédar Senghor de Dakar pour les besoins d'un projet de partenariat entre un investisseur privé chinois et l'Etat du Sénégal
Given its unsuitable climate for agricultural development, the UAE must look abroad if it is to significantly expand its agricultural output. Pakistan could be the perfect partner.
- The Poultry Site News Desk
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22 August 2008
Corporate ownership of world food sources may be shifting into high gear. Goldman Sachs, the private equity investment bank of the ultra wealthy and powerful, has announced that it's in the race to scoop up assets related to food production.
- The Poultry Site News Desk
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22 August 2008
While Saudi Arabia sets up its first sovereign wealth fund, ordinary Saudis are more preoccupied with the rising price of food. This is prompting the Saudi government to consider a new direction for foreign investment: buying farms in the poorer parts of the world.
- The Economist
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21 August 2008
Japan's big trading houses, which have enjoyed bumper years from betting on iron ore and metals, are getting into the food market, aiming to tap voracious demand in China and emerging economies.
Alarmed by exporting countries’ trade restrictions, importing countries have realised that their dependence on the international food market makes them vulnerable not only to an abrupt surge in prices but, more crucially, to an interruption in supplies.
- Financial Times
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19 August 2008
A foodstuff consortium from Middle-East countries planning to investment some Rp14 trillion through Bin Laden Group in South-East Sulawesi province, a senior adviser said here on Monday.
A foodstuff consortium from Middle-East countries planning to investment some Rp14 trillion through Bin Laden Group in South-East Sulawesi province, a senior adviser said here on Monday.
The race by food-importing countries to secure farmland overseas to improve their food security risks creating a “neo-colonial” system, the United Nations’ top agriculture official, Jacques Diouf, has cautioned.
- Financial Times
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18 August 2008
Kuwait is talking with Asian countries about securing food supplies and investing in agriculture as the Gulf state looks to diversify its sources of food, state news agency KUNA reported yesterday.
In Cambodia, Laos and Myanmar, His Highness the Prime Minister od Kuwait’s visit was of great importance given the promising financial investment opportunities in those nations. One of the main topics discussed was food imports from these countries as a means for securing food supply, facilitating a Kuwaiti energy supply to them, as well as cooperation in oil exploration and the agricultural field.
- Kuwait Times
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17 August 2008
Cru, a small specialist fund management firm, recently launched a Malawi-based fund called Africa Invest. The fund has made an initial investment of £2m in 2,000 hectares of land that’s producing paprika for western supermarkets. With land prices starting at £800 per hectare (compared to £10,000 in the UK) it’s relatively easy to amass large farms that can be upgraded with new technology, mechanisation and better production methods. According to Cru, annual returns on capital should exceed 30 to 40 per cent.
- Investor Chronicle
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15 August 2008