Feronia Inc. announced that it has entered into a share subscription agreement with the African Agriculture Fund managed by Phatisa Fund Managers Limited
If there was any doubt that China is desperate for agricultural assets, it has been dispelled by the news that China Investment Corp with its $US190 billion war chest is on the hunt all the way down to chilly Tasmania in search of fresh milk.
China’s giant sovereign wealth fund is looking to make its first significant investment in the Australian dairy industry, as it tries to lock up food supplies for its growing middle class.
Sudan's President says his government gave Qatar 250,000 acres of land in the Nile River state but the project was put on hold because China cancelled a loan that was needed to extend electricity in the area.
- Sudan Tribune
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10 Mar 2012
Millions of hectares of farmland are being sold or leased to foreigners to the detriment of farmers
- Daily Times
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12 October 2011
"In a world where war is provoked by food scarcity, farmers are the peacekeepers. No surprise, then, so many regimes want more of them," writes a journalist visiting the South African farmers taking up farming in Georgia.
- Mail & Guardian
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24 June 2011
Last week, bids closed for an 83% stake in Fonterra's biggest supplier, Dairy Holdings, which oversees 72 South Island farms. Bidders reportedly include Chinese dairy giant Bright Dairy, a pastoral fund owned by Australian investment bank Macquarie Group, British private equity firm Terra Firma. US private equity firm Carlyle Group and the Harvard Endowment Fund.
Africa is bracing for short-term trouble, but sustained high prices could spark agribusiness investment across the continent.
- CSMonitor
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16 February 2011
The ECER has abundant land, which could fulfill the needs of Middle East countries that are looking for their food security program, says Malaysian official.
- Arab News
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28 January 2011
The fund will operate according to a Code of Conduct for Land Acquisition and Land Use in to prevent unsustainable practices.
The global rush to acquire agricultural land in bountiful Africa evokes concern and protests.
The Indonesian government's plan to develop a food estate in Papua has come in for heavy criticism for potentially marginalizing small farmers and threatening the environment.
The ministerial Forum on China-Africa Cooperation met in Sharm el-Sheik, Egypt, last week, attended by Chinese Premier Wen Jiabao and representatives of more than 300 Chinese companies.
- World Socialist Website
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16 November 2009
Earlier this year, delegates to the annual session of China’s parliament debated a proposal to seek employment for up to 100 million Chinese in various African countries to solve two of China’s greatest challenges—food security and unemployment.
Arab Economic, Development and Social Summit to be held in Kuwait next month would focus on the global financial crisis, infrastructure in the Arab world and social issues, coordinator general for the summit said on Tuesday.
Big Money from Wall St. to the Middle East are on the hunt for farmland. Canada, especially Ontario, stands to profit but will the costs be too great?
- TheStar.com
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09 August 2008
Mr Youval Rasin, the CEO and Chairman of DekelOil Agri Vision PLC, entreated Ghanaian Agric entrepreneurs to approach it for agricultural processing expertise, logistics and farming operations.
- Graphic Business
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17 July 2023
FirstFarms, controlled by Danish investors, has consolidated its position in the eastern part of Romania, where it owns silos with a capacity of 20,000 tonnes, by taking over lease contracts for 400 hectares.
- Romania Insider
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05 January 2021
Palm oil plantations in Liberia are billed as bringing jobs and development but actually leave locals poorer, said a Liberian lawyer who won the prestigious Goldman Environmental Prize on Monday.
The Australian operating arm of Shanghai CRED, known as Shanghai Zenith, has agreed to purchase eight properties in the Goldfields, Kimberley and Wheatbelt for around $20 million.
Workers at the Bomi plantation, who requested anonymity, said the blaze was started by suspected arsonists and had blazed for about two weeks before being brought under control.
Malaysia's third-largest listed plantation company, Kuala Lumpur Kepong Bhd, said it had agreed to a $21.3 million cash acquisition to gain a foothold in the palm oil sector in Liberia.
Company also in talks with the government of Cameroon on a project estimated to be worth $2.1 billion.
The land will be used to grow and process rice, corn, peanuts, cotton and cereals, the Communications Ministry said.
In the last four years, an area the size of Germany has been bought or rented to produce food and fuel in Africa. But not by Africans, nor for Africans, say critics.
Capital Rice and Asia Golden Rice, both in Thailand, recently formed a business alliance with the Stallion Group, Nigeria's largest conglomerate, to supply rice to this major African market. The next step is to export rice-planting know-how and invest in Nigerian farmland.
Rusting pipes in a barren field and unpaid workers are what remain after a U.S. company promised to turn a huge piece of land in Senegal — about twice the size of Paris — into an agricultural project and create thousands of jobs.
- The Columbian
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06 April 2025
The famed Consolidated Pastoral Company, now owned by English financier Guy Hands, has bought Australia’s biggest sheep station Rawlinna after it was put on the block when tycoon Andrew Forrest last year dumped plans to buy it for a renewable energy project.
- The Australian
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04 Mar 2025
As 2024 drew to a close, the International Land Coalition widely circulated a new report. The report argues that data supplied by ILC partners, combined with improved land rights, can turn today's massive land grab for carbon offset projects into a win-win situation. This is delusional and wrong.
A trio of dairy farms spanning a combined 570 hectares in the state’s north have been listed for sale after more than a decade in the hands of Swedish owners.
- The Weekly Times
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04 November 2024