Major agricultural investor in Ethiopia, Saudi Star, has bigger problems there than it might have expected.
- African Agriculture
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06 June 2012
Government of Nigeria is pumping new money into the palm oil sector but the funds go to companies like the European giant Socfin, not small Nigerian farmers
Bloomberg exposé on Frank Timis' plan to turn Les Fermes de la Teranga (ex-Senhuile) into a major source of animal feed for the Gulf States and the implications for Dakar's water supply
- Bloomberg
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14 November 2023
One of the greatest threats Africa has ever faced is the impact from this new phenomenon of land-grabbing
- AllAfrica
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21 September 2012
Capital flows into Africa, include farmland acquisitions by foreign investors, rose 16 percent in 2008 to a record $62 billion even as FDI that year fell 20 percent worldwide
As the world's available farming land shrinks in the face of population growth, climate change and soil degradation, Australia's vast tracts of land are going to be increasingly important for global food security. Is the sell-off in Australia's long term interests?
There’s a whole school of economic thought that says that Collier is wrong, that big is not necessarily better in agriculture — and that the land deals therefore might be unwise not because they’re wrong but because they’re unprofitable.
- New York Times
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19 November 2009
Small-holder farmers hold key to Africa's food security, but are often excluded from debates on agricultural investments.
- Mail & Guardian
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13 November 2014
The Ghana-based fund already has investments in farms in Zimbabwe and Cameroon, a fertiliser plant in Madagascar, a beverage company in Zambia and a bakery in Nigeria.
Wealthy Gulf Arab companies are boosting their investment in Africa's vast lands and untapped resources, marking a shift for investors who have traditionally directed their money towards assets in the United States and Europe.
DuPont, which is taking control of Africa's largest seed company, says land investments alone would not be enough to enhance food exports from Africa.
- The National
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16 September 2010
MIGA, the political risk insurance arm of the World Bank, will support up to $50 million of Chayton's agribusiness investments in Zambia and Botswana
While Serengeti Advisers and their partners as well as the Tanzanian government thought theirs was a move to attract Foreign Direct Investment in commercial farming, to critics the deal is another land grabbing done by the pimps of globalization.
The Ernst & Young office in Addis is currently advising several investors from the Middle East, especially Saudi Arabia, who are investing tens of millions of dollars in the agro industry in Ethiopia.
- Africa Investor
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01 May 2009
China has urged local authorities to support qualified domestic firms to “go out,” and build hog farming bases in countries where pig products are eligible to be exported back to China.
Countries in the Gulf and in Africa can form mutually beneficial partnerships, with Africa supplying fertile arable land and the Gulf investing in technology, fertiliser and other agricultural inputs.
- Inter Press Service
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25 February 2009
Plantations et Huileries du Congo, the DRC’s leading palm oil producer, plans to exponentially increase its palm oil production, but this strategy could exacerbate land conflicts.
Agribusiness and global investors are scooping up farmland. Are corporate farmers the new colonialists? asks BusinessWeek
- Business Week
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25 November 2009
Tunisia is interested in partnering up with Brazil for agribusiness, according to the CEO of the Arab country’s Agency for Agricultural Investment Promotion.
The debate on large scale land acquisition in Tanzania is far from over as there is a changing dynamic now as local investors team up in joint venture with foreign investors and we are made to believe that since we have one of our own in the investment venture our interests are taken care of.
- Udadisi
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06 September 2011
The seizing of the poor farmers' land is destroying their only hope of survival on earth.
- Modern Ghana
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27 December 2010
"Investors like Citadel Capital and Goldman Sachs must be stopped from acquiring large tracts of land in Africa because this practice has become a serious threat to the continent's food sovereignty"
- Business Daily
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04 May 2010
The government of Madagascar has earmarked 4 million hectares for agropoles while at the same time pursuing a 60,000 ha land loan to Elite Agro LLC and revising the land law in favour of investors
- CRAAD-OI and TANY
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29 April 2021
The UN’s Food and Agricultural Organization is expanding its Abu Dhabi office tenfold to broker deals with farmers in such areas as the Horn of Africa.
- The National
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03 July 2008
Cru Investment Management PLC, a company based in Cardiff, UK, forecast a 30% return for an agricultural fund that generated profit from farms in Malawi.
- Canadian Business
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07 Mar 2009
"Over the past four years we have, on Schaffer's behalf, frequently raised concerns about various impediments to the sugar project with many senior Malian officials," reports the US mission in Bamako
- Wikileaks
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23 February 2009
A couple of years ago, on the sidelines of a summit of the Community of Sahel-Saharan States (CEN-SAD) in Bamako, Mali’s President, Amadou Toumani Touré, offered up 100,000 ha of land within the Office du Niger, Mali’s main rice producing area. Libya, a country flush with petrodollars but lacking in its own food production, effectively runs CEN-SAD and it jumped at the chance.
On 21 April 2022, the Court of Appeal of Zambia handed down judgment in the case of Molosoni Chipabwamba and 12 Other displaced village owners v Yssel Enterprises Ltd and 7 Others. It cancelled the Certificate of Title issued to Bills Farm Limited (4th Respondent) following an unlawful conversion of customary land to State land, and ordered that the land already converted to State land reverts to customary tenure.
Women in the districts of Bombali and Pujehun, affected by the large-scale land acquisition by multilateral companies have called on the government to ensure inclusiveness in decision- making and good governance of their lands.
- Politico SL
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14 December 2021
TIAA is unusual among financial firms for its aggressive pursuit of farmland, paving the way for financial wealth controlled by companies and individuals to takeover and dispossess rural communities of their farmland.
- NFFC, NAMA, ActionAid
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20 November 2020