Nigeria Archive

  • African farms lure overseas investment

    African farms lure overseas investment

    45 new private equity funds are planning to invest US$2 billion in African agriculture in the next 3-5 years, according to participants at the Africainvestor Agribusiness Project Summit taking place in Durban
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    Jagjit Singh Hara, a farmer in Jalandhar, has been getting offers from Congo, Namibia and Nigeria to take land on lease and start cultivation.
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    Vietnamese and Chinese investors will cultivate 10,000 acres and 15,000 acres of land for rice and cassava in Edo State, Nigeria, respectively.
  • Nigeria seeking Gulf farmland investment

    Nigeria seeking Gulf farmland investment

    Nigeria is offering to lease farmland to Gulf countries seeking food security and will allow investors to export all of their produce, the head of a private Nigerian agriculture consultancy firm said on Monday.
  • Nigeria spends N106b to import rice from Thailand

    Nigeria spends N106b to import rice from Thailand

    Charoen Pokphand officials interacted with various agencies of government involved in seed production and sales in a bid to have access to relevant information and to consider the procedure for acquisition of land.
  • Nigeria, Thailand partner on rice production

    Nigeria, Thailand partner on rice production

    The cooperation will be in the establishment of rice farms by the Thais in Nigeria’s Free Trade Zones.
  • Nigeria: House seeks removal of FCT Minister

    Nigeria: House seeks removal of FCT Minister

    Nigeria's House of Representatives passed a motion yesterday urging all tiers of government to be proactive against a new form of imperialism and land acquisition
  • Zimbabwe farmers a boon for Nigerian agriculture

    Zimbabwe farmers a boon for Nigerian agriculture

    Farmers from South Korea, Kuwait and the United States have also arrived in Kwara state, some 400 km northwest of Lagos, which is keen to attract more investors and help Nigeria end its import reliance.
  • Nigeria: Anambra Signs MOU On Rice Production with VAADC

    Nigeria: Anambra Signs MOU On Rice Production with VAADC

    In a bid to boost rice production, the government of Anambra is to sign a Memorandum of Understanding (MOU) with the Vietnam Africa Agricultural Development Company (VAADC) to begin mechanised production of rice.
  • Existing laws seen adequate to prevent foreign exploitation

    Existing laws seen adequate to prevent foreign exploitation

    Nigeria allows foreigners -- like Thailand's Riceland International Co -- to lease land for growing rice and to run rice-related businesses including milling and processing.
  • Monopoly rural

    Monopoly rural

    De Schutter y la FAO son, a mi juicio, muy confiados, porque entienden que una regulación ética “podría ser positiva, después de muchos años en los que ha habido falta de interés en el mundo por invertir en la agricultura”.
  • The coming of foreign farm investors…what lessons for Nigeria ?

    The coming of foreign farm investors…what lessons for Nigeria ?

    It is not clear whether a strategy is in place to ensure that part of the food produced by the rich food importers farms will be sold locally.
  • Egypt to start wheat farms in northern Uganda

    Egypt to start wheat farms in northern Uganda

    The Egyptian Ministry of Agriculture and Land Reclamation is planning to set up model farms in Uganda. So far, one site of 200 hectares suitable for wheat growing has already been identified at Labora, Koro sub-county in Gulu district.
  • Africa beckons for rice firms

    Africa beckons for rice firms

    The region continues to have great market potential as a number of Thai rice companies have offices there and some have been approached by local governments to invest there in milling, processing and even growing rice.
  • UN official calls for regulating farmland purchases

    UN official calls for regulating farmland purchases

    The UN’s food security expert, Olivier de Schutter, has called for a “code of conduct” to regulate the purchase of swathes of farmland across Africa, Asia and Latin America by Gulf states and private companies pursuing agribusiness.
  • Thais eye Nigerian rice plantations

    Thais eye Nigerian rice plantations

    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.
  • In the interest of Nigeria’s agriculture

    In the interest of Nigeria’s agriculture

    With Gulf countries and businesses demonstrating a newfound disposition for direct farm investment to cater for their local agro commodity needs, Sub-Saharan Africa has been identified as a source of growing and/or producing their imported food. Nigeria’s position in the matrix cannot be overemphasized.
  • Jusqu’où ira la razzia sur les terres agricoles des pays pauvres ?

    Jusqu’où ira la razzia sur les terres agricoles des pays pauvres ?

    La FAO s’apprête à sortir ces jours-ci un mode d’emploi sur la bonne gouvernance foncière. Histoire que le nouveau droit foncier de Madagascar ne soit pas défini par Daewoo Logistics. Et que les petits paysans du Sud participent enfin au débat
  • Middle East agribusiness offers Nigeria $3bn investment yearly

    Middle East agribusiness offers Nigeria $3bn investment yearly

    Agribusiness in the Middle East countries hold out investment opportunities worth $3bn for Nigeria yearly.
  • Commodity giants on our shores

    Commodity giants on our shores

    “We have a land fund in South America, we have in Ukraine. Now we are developing one in Africa. We need to acquire land for farming,” says Guy de Montule, Louis Dreyfus’ chief executive officer for Middle East and Africa