Saudi Arabia’s state grain buyer SAGO said it has agreed to import 355,000 tonnes of wheat from Saudi Arabian-owned farms in Australia, Canada and Ukraine for delivery from May to December 2021.
CDC Group, Norfund, Finnfund, FinDev Canada and BIO announce an $82 million joint commitment to Phatisa Food Fund 2 to invest in agribusiness across Sub-Saharan Africa.
CDC Group, Norfund, Finnfund, FinDev Canada and BIO invest in Phatisa's second African agribusiness fund, even as Phatisa's first DFI-supported fund, the African Agriculture Fund, remains embroiled in land conflicts.
David Del Curto, S.A. is a leading Chilean fruit production, packing and export company, which produces over ten different fruit types across eleven farms, while also managing one of the largest nurseries in the country.
Communities living within the concessions claimed by PHC have long sought to regain control over their lands and have called for negotiations to determine the conditions under which the company may be allowed to continue to operate.
European MPs issue an interparliamentary statement on the “Finance in common summit”, calling on public development banks to stop "harmful investments", such as those in the oil palm plantation company Feronia in the DR Congo.
Agricultural investors say the COVID-19 crisis has had little impact on their business and investment intentions, with Australian agricultural land, water and business assets as appealing as ever to investors.
The Feronia case, and other development bank investment failures, shows that there is a need to overhaul development finance institutions practices and to consider whether it might be better to just shut them down entirely.
Two Harvard-controlled LLCs have deeded over 7,104.74 acres of land in northern San Luis Obispo County, California for an estimated $120.14 million (based upon $132,159 paid in county real estate transfer taxes.)
Canadian alternative asset value expert argues that farmers should stop thinking they need to own their land as this is better left to asset managers and institutional investors, like pension funds and private equity groups
Feronia announces that it has entered into a definitive purchase agreement with Straight KKM 2 Ltd that provides for the acquisition of its operating subsidiary, Plantations et Huileries du Congo.
Le RIAO-RDC est très préoccupé de la vente/transfert de la majorité des actifs de Feronia-PHC par la banque de développement de la Grande-Bretagne à une entité à l’Île de Maurice gérer par une société de capital-investissement.
