Stanchart Africa invests Sh6.4b in export firm
- The Standard
- 18 January 2012
Standard Chartered Bank’s Private Equity division has invested $74 million to acquire a minority stake in ETC Group Mauritius, one of the largest owners of African farmland.
Standard Chartered Bank’s Private Equity division has invested $74 million to acquire a minority stake in ETC Group Mauritius, one of the largest owners of African farmland.
Starting this year Olam Moçambique plans to invest over US$35 million to make use of the agricultural potential of the Mopeia area to produce large amounts of rice on 227 hectares of land to supply the domestic market.
No evidence to support the idea that “China” was intending to create an agricultural colony in Mozambique, or make the Zambezi Valley into China’s rice bowl.
As more and more fertile lands and rivers are in the hands of few investors, some villagers in southern Africa have started experiencing food shortages, a situation which was not there before.
Le Mozambique a approuvé deux projets agricoles géants représentant au total 660 millions de dollars (505 millions d'euros) d'investissement, et s'étendant sur 90.000 hectares, a annoncé mercredi le porte-parole du gouvernement Henrique Banze.
Research released today by the Oakland Institute demonstrates that land grabs--largely unregulated land deals involving foreign corporations and speculators--continue to be promoted as a "development" solution for African nations.
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.
De investeringen van pensioenfonds ABP in Mozambique hebben de afgelopen jaren bijgedragen aan het afpakken van boerenland en het bedreigen van de voedselzekerheid van de lokale bevolking.
Legislation and practices aiming to safeguard customary land rights are largely failing to give real decision-making authority to communities affected by large-scale land acquisitions in sub-Saharan Africa, says a recent report by the Center for International Forestry Research.
China will increasingly look to Africa over the next decade as the world's most populous nation seeks to ensure it has sufficient food supplies, according to a study published Wednesday.
The International Peasant Conference taking place in Mali against land grabbing aims to build a concrete action plan to stop this phenomenon, said Thomas Ouana, from the National Union of Mozambican Peasant Farmers (UNAC) in an interview with Real World Radio.
Agriterra revealed plans for further land expansion even after raising its cattle operations to about 16,700 hectares and entering the cocoa market through the acquisition of a Sierra Leone trader.