The French Development Agency and the UK-based Emergent Asset Management have been named as the leading investors in massive land deals involving African leaders
Participants at a 2-day High-Level Forum on Foreign Direct Investments in Land in Africa have resolved to promote land-based investment models that increase agricultural productivity and maximize opportunities for Africa’s farmers.
African experts gathered in Nairobi, Kenya, are discussing a common position to outlaw land grabbing by foreigners, the latest threat to food security in the continent.
Karuturi in a statement said the floods had affected its maize crop in over 12,000 hectares of land that has been leased to them.
- Business Standard
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05 October 2011
The bursting of the river banks of Baro and Alwero has resulted in the submergence of the crop, adding a loss of hope for producing a sizeable maize crop by Karuturi.
India-based company Karuturi Global Limited is planning to make an investment of $2.5 billion in farmland in Tanzania in the upcoming years.
- IndiaCompanyNews
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24 September 2011
Unfortunately, given the global nature of capital, even if the US were to completely shut down speculation, it would just move offshore.
- AlterNet
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23 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
Chief Minister of Madhya Pradesh's meetings with a delegation from Kenya, Karuturi and Ethiopia were focused on agriculture development and possible areas of work for mutual benefit.
- ZeeNews
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17 September 2011
Le projet vise à céder 3,3 millions d’hectares de terres aux investisseurs d’ici à la mi-2015. Cinq autres millions d’hectares seront destinés à la production sucrière.
- L'Usine Nouvelle
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15 September 2011
Video of the panel on land grabbing featuring the Anuak Survival Organisation, FIAN and the Transnational Institute.
This 2011 trapca Trade Conference will be held in Arusha, Tanzania, on 24-25 November 2011
Land and water grabs spell disaster for rural people and rivers
- International Rivers
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14 September 2011
It's become known as the global land grab. More and more wealthy countries are buying up agricultural land in the developing world in at attempt to hedge against high food prices.
Foreign investment is being sought to develop projects on 5 million hectares of land that has been identified for sugar production.
- Bloomberg
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13 September 2011
Oakland Institute report exposes how a controversial hydroelectric project in Ethiopia's Omo Valley is facilitating the take over of 350,000 ha of land for sugar cane and cotton plantations and resulting in state-sponsored human rights violations.
- Oakland Institute
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12 September 2011
Indian companies acquire land in Africa at throw away prices to ensure India's food security. Prof Jayati Ghosh analyses the issue and offers alternative solutions.
- Newsclick
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12 September 2011
AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa, writes Jayati Gosh
- Frontline
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09 September 2011
Il Corno d’Africa è afflitto dalla più grave tragedia umanitaria che la sua storia ricordi. Siccità e fame, 12 milioni di persone senza cibo né acqua. Ma il “neocolonialismo agricolo” procede indisturbato.
- Il Fatto Alimentare
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08 September 2011
Karuturi Global plans to plant 20,000 hectares of land with Sorghum, rice, maize, sunflower and soybeans in Bako area of Oromia regional state and Gambella regional state, by November 2011
- Capital Ethiopia
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06 September 2011
As Indian businessmen bet on cash crops, it’s unclear whether food security issues are being tackled
- Livemint
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06 September 2011
The idea of combining the greed of investors with the fight against hunger as a mutually beneficial business venture has failed miserably
- Der Spiegel
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01 September 2011
The likelihood of Ethiopia facing stiff competition from Tanzania and Uganda in attracting investment from Indian agri-businesses reared its head during a visit from a 35 member delegation last week.
- Addis Fortune
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30 August 2011
Les affaires sont les affaires: des entreprises indiennes d’agroalimentaire sont prêtes à investir plus d’un milliard d’euros en Ethiopie, Tanzanie et Ouganda
- Slate Afrique
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26 August 2011
When it comes to famine in Africa, China seems an easy target for critics of its rising outbound investments.
- Wall Street Journal
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25 August 2011
Nirmal Seeds wants not more than 30,000 hectares of land in Tanzania to invest in seeds production to feed the local market.
- Tanzania Daily News
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22 August 2011
Fear of unrest and hunger for profit are sparking massive acquisitions of farmland.
- In These Times
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22 August 2011
The President informed them of 3 available modules of investment that they could take advantage of including processing without getting involved in physical production where an investor buys products from farmers, processes them or engage in core plantation and process the produce into finished items or contracting out-growers so that they as a community of producers can benefit.
- Uganda Media Centre
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21 August 2011
New report provides a detailed examination of the role of the Indian government and Indian companies engaged in overseas agricultural land acquisitions in Africa, Asia and Latin America.
Karuturi expects to acquire 311,700 ha of land in Tanzania that is similar to Ethiopia and has already applied for 1000 ha of land at Rufiji Basin, Coast Region.