New York-based African Agriculture Holdings went public on the NASDAQ stock exchange on December 7, 2023. This new business venture plans to operate on over 2.9 million hectares in Mauritania, Niger, and Senegal to produce animal feed for export and sell carbon credits for corporations seeking to offset their carbon emissions.
- Oakland Institute et al
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01 February 2024
America is seeing more and more of its most fertile land snapped up by China and other foreign buyers, yet problems with how the US tracks such data means it’s difficult to know just how much.
- https://www.bnnbloomberg.ca/china-is-buying-up-us-farmland-but-just-how-much-isn-t-clear-1.2023880
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18 January 2024
The fund's targeted niche strategy is to buy smaller farms, as it views this particular segment as a pocket of opportunity – too large for non-institutional scale farmers, and too small for corporate scale investors.
- Homestead Capital Fund IV nearing target of $500M
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12 January 2024
In October 2023, Arkansas became the first US state to enforce foreign farmland ownership laws when it ordered Syngenta to sell 160 acres of farmland.
- Successful Farming
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10 January 2024
African Agriculture Holdings Inc. - which took over 20,000 ha in northern Senegal formerly held by Senhuile - will export its entire alfalfa crop to South Korea
Farmland LP buys climate-resilient land, gets it certified organic, selects profitable crops, and picks up the tab on equipment. Then it rents fields to local farmers who want to increase production.
A climate startup co-founded by a businessman behind a botched land deal for 400,000 ha in South Sudan has signed a deal to generate $1 billion of carbon credits in the DRC.
- Bloomberg
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13 December 2023
"Nous avons l’intention d’accélérer nos activités opérationnelles suite à notre récente fusion et cotation au Nasdaq, ce qui permettra à African Agriculture de devenir la première société agricole africaine cotée aux États-Unis."
- Commodafrica
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12 December 2023
US-based Spades reaches landscape restoration agreements with Democratic Republic of the Congo and Cote d'Ivoire for projects that span around 10 million hectares and involve the planting of 1.5 billion trees.
- PR Newswire
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11 December 2023
Upon listing, African Agriculture will be the first pure-play US-listed agriculture company operating in Africa.
- Globe Newswire
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06 December 2023
En Senegal, una empresa de inversión llamada African Agriculture Inc. está cultivando alfalfa rica en proteínas dentro de la Reserva de Vida Silvestre de Ndiael, utilizando agua del lago Guiers, la única reserva de agua dulce del país
Tensions are bubbling up at Arizona alfalfa farms as water becomes a top commodity. Local farmers say that their wells have dried up since since an Emirati alfalfa farm moved in.