AFSA invites people to get involved in documenting African land and soil case studies.
Wafra International, an investment firm owned by the Kuwait state pension agency, is investing $10 million of the new funding in Pure Harvest Smart Farms, and committing $100 million in equity and project financing.
The GAI Rankings Report highlights the significance of capital being raised and deployed to pursue farmland investments, confirming more than 50 million acres globally under management and $51.5 billion in assets under management.
Large institutional investors are pouring capital into global agricultural markets, and Australia has been a key target.
- IPE Real Assets
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06 April 2020
While the COVID-19 pandemic threatens the health of Indigenous peoples in Brazil’s Amazon, pressure over their traditional lands is increasing as grileiros –individuals who illegally seize land – sense an opportunity to exploit the crisis.
Soldiers protecting a Kiryandongo Sugar tractor arrested and beat a farmer for attempting to stop the tractor from ploughing up his 4 acre maize farm.
- witnessradio.org
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03 April 2020
Villagers in Laos say a Chinese-owned banana plantation has unfairly acquired the land of 46 families in the northern part of the country, many of whom were coerced by authorities into selling for a miniscule compensation package.
- Radio Free Asia
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03 April 2020
To help share Profundo's report more widely, we made two infographics from it on the ownership structure of the plantations and who benefits from the revenues they generate.
A law to privatise farmland, ultimately for the benefit of global finance and agribusiness, was pushed through Parliament under pressure from the IMF in the context of the coronavirus crisis.
- World Socialist
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01 April 2020
The campaign against Cameroon’s agribusiness titans was reenergised in March after women living near several controversial plantations denounced the loss of community lands and rights, and the destruction of native forests.
SOCFIN's subsidiary, the Salala Rubber Corporation, rejects dispute resolution with 22 communities in Liberia who filed a complaint with the IFC's Compliance Advisory Ombudsman, citing concerns with the "partiality of CAO’s team".
Foreign buyers stepping into the rural property or agribusiness sector will have to negotiate new regulatory hurdles aimed at preventing a rush of opportunistic offshore-based takeovers during the coronavirus emergency.