The arid nation of Namibia has a newly discovered aquifer called Ohangwena II, that spans its northeast region, which flows under the boundary between Angola and Namibia, and now the challenge of balancing profit with sustainability looms overhead.
On 31 January 2012 in Dubai, 2nd Commercial Farm Africa features panel of experts and in-depth analysis on land utilization & investment policies in Mozambique, Tanzania, Zambia, Sudan, Namibia, Ghana and Ethiopia.
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
Namibia has not been spared in the proliferating acquisition of agricultural land in developing countries by multi-national agricultural corporations, popularly referred to as ‘land grabbing’.
Jagjit Singh Hara, a farmer in Jalandhar, has been getting offers from Congo, Namibia and Nigeria to take land on lease and start cultivation.
World Bank's MIGA provides political risk insurance for Chayton Capital's $50 million farmland investments in southern Africa.
Government of Namibia has leased land to Namibia Development Corporation and the Abu Dhabi-based Al Dhahra Agricultural Company to produce farm grapes and dates on a large commercial scale
"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.
Demeter International got a 25-year lease for 10,000 ha of Bwabwata National Park, which it will start ploughing in October. Hundreds of families will lose access to the forest.
A foreign company intends to clear 10 000 hectares of land in the Bwabwata National Park in northern Namibia in order to set up a large-scale irrigation scheme for crop farming
Ramakrishna Karuturi does not feature on any international power list. Perhaps he should.
Yes Bank expects a $150 million Tanzanian rice and wheat project to reach full production by 2011, the first of several large African farms it is funding. "We are looking at a more inclusive model wherein the local farmers can be organised into a producers company, and they would be the suppliers to the processing facility. It's predominantly not to acquire huge tracts of land."