Gallery
Razack Munboadan (second from left) and Hanumatha Rao (center), managers with Karuturi, an Indian company with four commercial farms in Ethiopia, check the corn harvested by workers at Karuturi's farm in Bako, central Ethiopia.(Photo: Reuters)
Global Head of Private Wealth Management at Deutsche Bank Pierre de Weck gestures during the Reuters Global Wealth Management Summit in Geneva October 4, 2011. (Photo: Reuters/Denis Balibouse)
Global Head of Private Wealth Management at Deutsche Bank Pierre de Weck gestures during the Reuters Global Wealth Management Summit in Geneva October 4, 2011. (Photo: Reuters/Denis Balibouse)
Silverlands Fund is managed by UK-based SilverStreet Capital, a UK-based financial firm established to invest in large-scale farming operations in Malawi, Mozambique, South Africa, Tanzania, Uganda, and Zambia. SilverStreet says it will "target prime farmlands only". Aside from the CDC, the Silverlands Fund has also received investment from Denmark's PKA pension fund (€33.5m) and the US Overseas Private Investment Corporation (US$150m). “Buying land in Africa is very inefficient,” says SilverStreet's Chief Investment Officer Gary Vaughan-Smith. “There is no way to go into a central database and see which farms are for sale, and for what price — you have to have a very good network of contacts in the country and an ability to source potential acquisitions.”
Dismal returns on US Treasuries and stocks are encouraging more investors to buy farmland. (DTN chart)
Le groupe Bonduelle a pour objectif de conforter ce "nouveau front" avant de se lancer à terme sur le Mercosur et notamment l'Argentine.
"Il n’est plus supportable que des pays comme l’Ethiopie abandonnent littéralement leur agriculture vivrière en échange d’investissements internationaux et de plantations géantes de palmiers à huile."
Justin Bruch, who ran Golden Fields, is currently working in the Ukraine for a new employer, Alpcot Agro. Photographer: Alan Katz/Bloomberg
Hundreds of brandnew earth moving machines, including tractors, excavators, bulldozers, and dump trucks parked a few metres from a 10,000ha plot of land leased by Saudi Star Agricultural Development Plc in Abobo Town, located 35km from Gambela, on December 18, 2010. Registered with a capital of 500 million Br as an investment company in August 2009, Saudi Star, which is co owned by Mohammed Al-Amoudi, plans to start cultivating rice by the Alwero Dam, near to the site of the Karuturi operations.
Hundreds of brandnew earth moving machines, including tractors, excavators, bulldozers, and dump trucks parked a few metres from a 10,000ht plot of land leased by Saudi Star Agricultural Development Plc in Abobo Town, located 35km from Gambela, on December 18, 2010. Registered with a capital of 500 million Br as an investment company in August 2009, Saudi Star, which is co owned by Mohammed Al-Amoudi, plans to start cultivating rice by the Alwero Dam, not far from the site of the Karuturi operations.
Remarkably - and this would have sparked Fay's interest - New Zealand farmland prices have been falling in spite of record export dairy and other commodity prices.
Commodities investor Jim Rogers has been appointed to the board of the farmland investment firm Genagro Ltd
