South Africa 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
  • African agricultural finance under the spotlight

    African agricultural finance under the spotlight

    African governments need to raise their level of accountability and ensure that they improve and protect their own food security through quid pro quo side-agreements negotiated when they lease or sell their arable land to foreign interests, says Keith Mullin of Thompson Reuters
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    Standard Bank plans to finance more land deals involving South African farmers seeking expansion opportunities across the continent to grow export crops, the bank said on Friday.
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    A South African farmers group said on Friday it had received fresh offers from African states, including Sudan and Mozambique, to invest in agriculture to grow export crops and some of the deals will be concluded soon.
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  • Hope grows in former killing fields as it seeks to become bread basket again

    Hope grows in former killing fields as it seeks to become bread basket again

    “We plan to have invested $1bn in farms within five years,” says Petrus du Toit of Ridge Solutions, which is acquiring farmland in Angola with backing from foreign investors.
  • African nations turn to South Africa for agricultural expertise

    African nations turn to South Africa for agricultural expertise

    African nations are increasingly turning to South Africa to improve their own agricultural production and skills, according to industry group Agri SA.
  • African land interest is opportunity and threat

    African land interest is opportunity and threat

    South Africa, which became a net importer of food two years ago after two decades of net exporting, is developing African agricultural ambitions of its own.
  • Namibia: Will farm project mean the river runs dry?

    Namibia: Will farm project mean the river runs dry?

    "Local businessmen make deals with foreign investors and convince tribal authorities in the area to give them land, but the water from the river is not just for people to take," says Water Affairs Under Secretary A. Nehemia who had not been informed about the farm.
  • SA, Zim not safe for investments

    SA, Zim not safe for investments

    At a recent conference in Cairo, South Africa and Zimbabwe were the only African nations not considered safe havens for foreign farmland investment because of uncertainty about land-reform programmes and unfriendly labour environments.
  • SA land policy to limit ownership

    SA land policy to limit ownership

    Under the new policy, foreign land ownership would be tied to “productivity and partnership models with South African citizens,” minister Gugile Nkwinti told parliament.
  • S.Africa firms launch $408 mln farmland fund

    S.Africa firms launch $408 mln farmland fund

    Two South African asset management firms launched a 3 billion rand farmland investment fund on Wednesday that is expected to help boost agricultural development in Africa's biggest economy.
  • South Africa-Congo ‘land grab’: Exploitation or salvation?

    South Africa-Congo ‘land grab’: Exploitation or salvation?

    The Congo ventures are not core businesses to be based in the Congo but instead, extensions of businesses located in South Africa
  • UK buyout firm launches agriculture fund

    UK buyout firm launches agriculture fund

    SilverStreet Capital aims to raise $100m to buy farms in South Africa growing produce including corn, wheat, soya beans, fruit and tea. It will also target aquaculture.
  • Massive farm failure in South Africa

    Massive farm failure in South Africa

    Minister says new policy proposal will put the restriction of foreign land ownership in South Africa back on the table, as foreigners are buying lands "three times faster" than government is acquiring for redistribution and restitution
  • SAfrica, Libya farm deal awaits agreement

    SAfrica, Libya farm deal awaits agreement

    A new land deal allowing South African farmers to produce livestock, milk and fruit in Libya has been put on hold pending the finalisation of an investment protection agreement between the two countries.
  • African agriculture entices funds

    African agriculture entices funds

    At least three or four private equity funds are currently raising capital with a mandate to invest in agricultural enterprises in Africa.
  • Appropriation et concentration de droits fonciers à grande échelle-Le cas de l’Afrique du Sud

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    Accaparement des terres - le cas de l'Afrique du Sud - par AGTER
  • The South Africa-Congo concession: Exploitation or salvation?

    The South Africa-Congo concession: Exploitation or salvation?

    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
  • Farmers sample what Libya offers

    Farmers sample what Libya offers

    De Jager is worried about Libya’s record in enforcing contracts with foreign companies, and the lack of social support networks. “There’s a lot of money to be made for someone with balls,” he says.