Ethiopia to charge more on commercial farm leases
- Reuters
- 05 April 2012
Around 400 companies submit applications for licenses for farmland in Ethiopia each month with a growing number of them from Europe.
Around 400 companies submit applications for licenses for farmland in Ethiopia each month with a growing number of them from Europe.
Ethiopia’s Agriculture Ministry has transferred 100,000 hectares in Benishangul to commercial farmers, and is offering a further 981,000 hectares, about one-fifth of the state’s land.
Meeting of delegates from eight districts and twenty chiefdoms affected by large scale land acquisitions for agribusiness in Sierra Leone ends with formation of a coalition to serve as a watchdog on land issues in the country.
Chayton already produces 10% of Zambia's soya and 5% of the country's wheat. Over the next 12 months, production will increase to at least 35% and 15% respectively.
The Government clearly hopes the Crafar Farms' controversy will be put to bed before China's fourth-ranked leader Jia Qinglin visits Christchurch and Wellington in mid-April.
Against a backdrop of rising world wheat prices, the European Bank for Reconstruction and Development has chosen Kazakhstan as the destination for its first ever equity investment in farming.
For millions of indigenous villagers and pastoralists land grabbing means forced relocation, loss of livelihoods, and a death blow to their ancient cultures.
While agricultural land has the potential to provide a source of long term fixed income, the hurdles are enormous. Extreme illiquidity and sensitivity to geo-political risk mean that diversification of holdings and careful selection are key.
In yet another exposé of exploitative practices associated with large-scale land acquisitions, the Oakland Institute examines Socfin Agricultural Corporation Sierra Leone (Socfin), controlled by the powerful French corporate titan Vincent Bolloré
Macquarie Group's new farmland fund, which is targeting farms in Australia and Brazil, has purchased its first two properties in Australia worth a total of almost $40 million.
Romanian government considers setting up a land bank with priority in the acquisition of agricultural land to restrict the flow of foreign investments.
With foreign investment in agriculture already occurring in Australia, many within the agricultural industry believe we need to be wary.