IDeA Agro, managed by DeA Capital Alternative Funds SGR and the first private equity fund in Italy to focus on agribusiness and farmland, has acquired S.P.O. Zentrum, a Sicily-based producer of fruits and vegetables with 450 ha under management.
Groups petition the World Bank, US and Netherlands to support an independent investigation into human rights abuses committed against dozens of vulnerable people in Kiryandongo District, western Uganda, by agribusiness company, Agilis Partners.
A new report has found that investors and agribusiness in Latin America are increasingly buying up small parcels of land with abundant water access, thus securing control over the vital resource.
The new Agricultural Growth Corridors of Tanzania (AGCOT) will follow a similar approach to the Southern Agricultural Growth Corridor of Tanzania (SAGCOT).
Experts say the economic forces now reshaping agriculture are similar to ones that have transformed residential real estate over the last two decades, with investors — from pension plans to well-to-do urban families — fuelling speculation and driving up real estate prices
“The problem we have here is the replanting by SOCAPALM and we are asking for vital space for our survival, but SOCAPALM does not want to cooperate,” Yomba Bernard, a notable of Apouh told The Guardian Post.
- Guardian Post Cameroon
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10 May 2024
Pakistan has offered Saudi Arabia a cattle farm in Punjab with 50,000 acres of land on lease for corporate farming
Indonesia's Agriculture Minister Andi Amran Sulaiman and the South Papua provincial government launched 500 thousand hectares of rice fields in the region to increase agricultural production, both regionally and nationally.
Facing a civil lawsuit over killings allegedly carried out by its security staff at a pineapple plantation near Nairobi, food company Fresh Del Monte is claiming it cannot be sued in Kenya because it is registered in the Cayman Islands.
- Cayman Compass
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27 Mar 2024
Defence Front for the Interests of Santa Clara de Uchunya condemn the smear campaign of the company Ocho Sur and demand its withdrawal from their ancestral territory
Globe-trotting billionaire Mo Dewji made a fortune in East Africa selling palm oil, rope, and soda. Now he says he's trying to acquire 100,000 ha in Rufiji and another part of Tanzania for sugarcane and cereal plantations.
As the global demand for food rises and the supply of arable land shrinks, investment managers like Nuveen — a subsidiary of the largest global investor in agriculture, TIAA — see farmland as an attractive asset class.
Fiagros are a new type of fund that can allow foreigners to circumvent legal restrictions and acquire land in Brazil.
- Brasil de Fato
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05 Mar 2024
The Regenerate European Sustainable Agriculture Fund will invest €40 million to establish blueberry farms in Central and Southern Portugal under the name Regen Blue
The site of the dispute is part of a 42,420 hectares economic land concession that was granted to the Chinese company Hengfu Group Sugar Industry in 2011.
- Camboja News
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17 January 2024
The palm oil industry’s expansion in Guatemala is causing a huge transfer of rural territory from traditional subsistence farming communities to a handful of palm oil mill owners.
Local residents who were evicted from their land for a 42,000 hectare sugar cane plantation are all the more bitter now that the unprofitable and poorly financed agricultural project has collapsed.
- Equal Times
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11 December 2023
A World Bank Group entity has agreed to a settlement to end a case alleging that it is liable for financing a notorious palm oil company’s violent land-grabbing campaign in Honduras
- EarthRights
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06 December 2023
Human rights organizations and parliamentarians from West African countries and Zambia in East Africa have expressed interest in Sierra Leone’s new land laws and efforts to resist and negotiate better terms with international companies.
Charles Eghobamien, CEO of Sunora Foods, says his company will commit about US$100 million to develop a 15,000 hectare oil palm plantation as well as, crop processing and water bottling facilities in Edo State, Nigeria
- FreedomOnline
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03 November 2023
A ‘UK Global Company’ which interfaced with the state government last week is to establish moringa tree farms in Ogoja, Yala, Boki, Biase and Etung Local Government Areas of Cross River State.
- Daily Trust
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29 October 2023
A statement by women from several counties in Liberia denounces mining and agricultural companies like Golden Veroleum for depriving women of their lands for farming.
- Liberian Observer
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06 October 2023
The Swiss association of the largest public pension funds, has decided to exclude shares in the French group Bolloré SE. The exclusion is justified by “potential human rights violations in Liberia, Cambodia and Sierra Leone”.
- Gotham City
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12 September 2023
Belgian businessman Hubert Fabri and Vincent Bolloré's group want to take total control of Socfin by acquiring all the shares in the Luxembourg multinational, which is regularly accused of human rights violations.
To give a wider swath of investors access to farmland as an asset class, Nuveen Natural Capital is opening its Global Farmland Strategy to qualified retail investors through an evergreen private-market fund.
By bringing together over 600 small landowners, all of whom are partners in the company, Hondupalma defies the prevalent model of large family-owned palm oil companies.
- China Dialogue
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25 July 2023
Security guards working for the multinational fruit company Del Monte have been accused of running over two teenagers at a pineapple farm in Kenya that is currently at the centre of an investigation into alleged human rights abuses.
Co-operative societies plan to lease part of the 500,000 acres of land that the government is seeking to give out to potential investors under a public-private partnership for large-scale agriculture.
- Business Daily
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26 June 2023
Mark Zuckerberg doesn’t work the land on his Hawaii ranch, but he and other wealthy landowners still benefit from huge agricultural tax breaks.
GenZero will generate carbon offsets for Singapore by investing “north of US$20 to US$30 million” to restore about 100,000 ha of land in the Kwahu region of Ghana by planting cocoa and other plant species.
- Straits Times
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09 June 2023