The much-discussed Congo land-lease, granting 200,000 hectares to South African farmers with a further 10 million hectares in the balance, appears to mark a departure from the usual terms underpinning foreign acquisition of fertile land by multinationals
A delegation of 26 Egyptian agriculture companies led by Minister of Agriculture Amin Abaza, is now inspecting land proposed by the Ethiopian government for Egyptian investment projects.
Citadel Capital will deploy significant capital across East Africa in 2010 in sectors spanning from agriculture to consumer foods.
"On today's Human Rights Day, we demand that States fulfill their obligation to respect and protect the right to food of their citizens and abroad by preventing large scale land grabbing" says Sofia Monsalve of FIAN International.
Ethiopia's potential can be maximized only if we Ethiopians are the producers and sellers of our own agricultural products. What Meles Zenawi is doing now is putting this upside down. He made our potential buyers the sellers of our commodity.
In Mali the government has approved long-term leases for outside investors to develop more than 160,000 hectares of land. Local farmers say they fear being pushed out.
Sources close to Al-Amoudi said that the king has shown an interest in seeing other Saudi companies involved in rice farming after seeing the samples presented by Al-Amoudi
Area nearly the size of France purchased, leased for food production around the world Africa, South America, parts of Europe targeted by cash-rich, food-poor nations
"Qatar is in the process of formulating a national strategy for food security that we expect to shift from a focus on land ownership in developing countries to land leases and joint ventures with the private sector in developed countries," reports the US Embassy in Doha
UAE foreign investment in food production have so far focused on leasing Pakistan and Sudan’s agricultural land, with new prospects in Cambodian rice, Canadian wheat and Australian beef. Alongside the strategic deals at the national level, private investment has followed which should open new channels of trade, for example, Al Qudra Holding has plans to grow grain and vegetables in Vietnam and Croatia as well as Pakistan.
"The motivation for South African farmers is simple," said Theo de Jager, Agri SA's deputy president, who helped negotiate the deal. "One in four farms must be redistributed in the next four or five years. So for new entrants into the sector and for those farmers who want to expand there is nowhere to go."
Vita Grain Group, which is backed by US $60 million of funding, owns more than 20 different strains of hybrid rice seeds. Vita Grain is looking for funding to expand its seed production beyond Africa to Asia, the US and South America. The company is also setting up a rice mill in Mauritius and is in talks with partners in Botswana, Madagascar and Mozambique to develop rice production units.
Sime Darby Plantation Sdn Bhd is exploring opportunities in other African countries besides Liberia for its palm oil business expansion.
Civil society, including African farmers unions, need to educate local people that such land deals are not in their interests, however couched in 'win-win' terminology they appear to be.
Sheik Mohammed Hussein Ali Al Amoudi, the second richest person in Saudi Arabia, is preparing to farm cereals on hundreds of thousands of hectares of Ethiopian land for export to Saudi Arabia
The Qatar Investment Authority (QIA) has launched a venture aiming to invest in food production worldwide focusing on the acquisition and development of existing agribusiness companies rather than the lease of large tracts of farmland.
An internal document recently posted on IRRI's website reveals that the Institute has been advising Saudi Arabia in the context of its strategy to acquire farm land overseas for its own food production.
"They are selling off African land for a song," said Ndiogou Fall, president of the executive committee for the Network of Peasant Organizations and Producers in West Africa (ROPPA), which is calling for dialogue between governments, producers and African and foreign investors.
A new breed of colonialism is rampaging across the world, with rich nations buying up the natural resources of developing countries that can ill afford to sell. Some staggering deals have already been done, but angry locals are now trying to stop the landgrabs
For investors like Susan Payne, the chief executive of Emergent Asset Management, farmland in sub-Saharan Africa is a hot bet.
The social consequences of these land grabs are significant.
“It is the height of stupidity for our country to bargain our lands for the sake of other nation’s food security, while being dependent on importation for our very own food security needs,” says Rafael Mariano
There may emerge a situation when Ukrainians will be starving in spite of having the most fertile black earth.
Africa’s agrarian questions are not adequately addressed by simply asking, “What is the role of African smallholders?”
"Nous pouvons être expulsés à n'importe quel moment. Ils vont devoir assécher la zone et tout ce qu'il nous restera sera la pauvreté". Bernard Onyongo, pêcheur de 65 ans, voit son mode de vie menacé par la ruée sur les terres arables africaines.
A focus on agricultural productivity should not become a cover for foreign private companies to grab land or impose expensive, input-intensive methods in the name of modernisation.
We challenge the line agencies, legislators and national government to immediately stop the leasing of public land to foreign corporations. Instead, public lands that have huge potential to ensure food security and nation building should be distributed to Filipino small farmers.
If Indonesia decides to go ahead with leasing farmland, it should do so with caution, keeping an eye on both the risks and the opportunities. We need to understand that we have a very strong bargaining position.
Contrary to past trends, countries in the Global South are initiating much of the investment.
Uganda's minister of agriculture literally pleaded with the agribusiness delegates at a forum in Capetown to take advantage of Uganda’s extremely advantageous deals for private investors in the agricultural sector.
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Nigeria: US Embassy team visits Agbeyewa farm in Ekiti
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