So does this mean farming might now be a good place to make money? Some investors certainly think so, according to ETF Securities.
- Financial Times
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26 April 2009
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.
Are there any answers to this looming crisis? Some countries are buying land. There is vague talk about governments introducing “water management reforms”. Even more opaquely, there are calls for “multi-country discussions on trans-boundary issues, international trade and investment flows”.
- Planning Resource
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19 Mar 2009
While I am all for infrastructure projects, the way these large-scale agriculture projects are being conceived leaves a lot to be desired. One, they are shrouded in secrecy. Two, this being Kenya, it is not clear who will benefit most.
- The Daily Nation
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01 February 2009
Egypt, Jordan and Kuwait are among the Arab countries who invest in agriculture in Suda. Also there are some private Saudi investors working in this field in the country.
- Sudan Tribune
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23 May 2008
Landkom has leased 165,000 acres from thousands of landowners in Ukraine and will reap its first big harvest this year.
- Wall Sreet Journal
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12 May 2008
Olam has embarked on a pilot tomato farming project through its subsidiary, Caraway Africa Nigeria, acquiring 20 ha of land to set up farms in Karfi, Kano State, as well as Jigawa State.
Large scale businesses like Wilmar risk being labeled land grabbers, but we don't have that in Nigeria, says Minister of Agriculture Dr. Akinwumi Adesina.
- This Day
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11 November 2014
Civil Society Organisations in Edo State, Nigeria under the umbrella of Coalition for Protection of the Environment, recently staged a protest against land grabbing and deforestation.
- This Day Live
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09 August 2017
As major investors like Dangote and makers of Indomie Noodles, Dufil, move massive investments into Nigeria's Edo State, the Commissioner for Agriculture says the state is set to take over as the nation’s food basket.
The Federal Government and Singapore's Olam, which has 6,000 hectares under cultivation of rice, announce collaboration towards managing the impact of an imminent rice crisis in Nigeria.
State governments across the country are seeking the review of the Land Use Act as part of measures to facilitate easy access to land, especially to encourage foreign direct investment.
- This Day
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20 September 2011
When the Kwara State Government invited the displaced Zimbabwean farmers to the state for the Tsonga farming project, many thought it was another white elephant exercise.
A group of South African investors have indicated interest to plough $200 million in the agriculture sector and acquire an initial 5,000 ha in Nigeria's Edo, Enugu and Benue states.
Nigeria's Kwara State Government said that it has partnered with the Olam Industries to allocate over 100 hectares of land for the cultivation of soya and maize as part of efforts to ensure food security for the people of the state.
- This Day
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16 December 2024
The project, which is a joint venture between Northsworthy Farms, and Allied Industries Limited and Nigeria's Delta State Government had planted over 250,000 oil palm trees in over 1,400 hectares of land.
Communities protest grabbing, bulldozing and replacing of their biodiversity with monocrop oil palms by Fayus Nigeria Ltd and several other of the Edo State governor's business friends and multinational companies.
Dangote Group has taken 70,000 ha, Flour Mills of Nigeria has 20,000, Olam Farm has 9,000 and Azman has 14,000, so from our target of 270,000 hectres, we have given out nearly a 100,000 already, says state Attorney General
Investments include FMS Farms' $10 million starch processing plant and farm in Ikole council area, where it has already commenced farming activities
Lagos State Governor Akinwunmi Ambode has issued an edict warning all local chiefs and traditional rulers to desist from land grabbing or face dethronement.
Osun State Government signed agriculture partnerships over the weekend with investors from Brazil, Paraguay and Argentina.
- This Day
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25 November 2014
"Between now and the next seven, eight years, our Group in Nigeria will have over 100,000 hectares of plantations," says the Chairman of Presco Plc, a company controlled by SIAT of Belgium.
- This Day
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04 November 2014
WEMS Agro Companies Limited plans to invest about $2.2 million into rice cultivation in a 25,000 ha rice project in Ondo state with Chinese partners.
- This Day
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17 September 2014
The Nigerian government and Taraba State signed an MOU for 30,000 hectares with Calvin Burgess, a US investor and owner of Dominion Farms Ltd, for large scale rice production in Taraba State.
Olam's Nigerian subsidiary has completed arrangements to expand its rice plantation in Nasarawa State from 3,000 ha to 6,000 ha.
Governor of Edo State announces allocation of another 20,000 ha of land to SOCFIN's Okomu Oil Palm Plc and 50,000 hectares of land to Dangote Group for rice production.
Lawyers Unite Against Corruption in Nigeria demands probe into the planned N70billion deal on rice production and processing between the governor Abdulfatah Ahmed-led administration of Kwara State and Vasolar Consortium Company of Spain.
Kwara State Governor Ahmed has signed and MOU with Vasolar Consortium of Spain for the cultivation, processing and packaging of rice, with the state providing 20,000 ha of land.
A UAE company is seeking a 98-year lease on vast tracts of farmland in Tanzania to grow rice in order to secure food supplies for the Gulf countries.
The cooperation will be in the establishment of rice farms by the Thais in Nigeria’s Free Trade Zones.
- This Day
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14 December 2009