Almost half of Australian executives surveyed by an international law firm favor higher trade barriers to protect the nation’s food supply and see foreign investment in agriculture and farmland as a threat.
The UN has proposed that countries set limits on the size of agriculture land sales to regulate the growing trend of so-called farmland grabs.
Proposed legislation will most likely include banning foreign state-owned companies, sovereign wealth funds and non-governmental organisations from purchasing farmland, while private projects would be approved on a case-by-case basis.
THE NATIONAL Food Security Bill awaiting parliamentary approval should be backed by simultaneous plan to improve essential agricultural linkages as the demand is expected to exceed supply by 2020.
Legislator calls for an investigation, in aid of legislation, into the $50-million joint-venture deal between the Kingdom of Bahrain and the AMA Group Holdings to operate a 10,000-hectare agricultural farm in Mindanao.
Within a few years, acquisition of foreign farmland has become an issue with plenty of explosive potential for the environment and security.
Company looks to tide over land-grabbing allegations, devastating flood for its $300mn project in Ethiopia.
Lawyers Unite Against Corruption in Nigeria demands probe into the planned N70billion deal on rice production and processing between the governor Abdulfatah Ahmed-led administration of Kwara State and Vasolar Consortium Company of Spain.
CAADP report urges African ministers to pursue incentives to ease private investments in agriculture without undermining national sovereignty in areas such as land and water acquisition.
Corporate control of Australia’s farmland is beginning to ruffle feathers among some of the country’s primary producers.
Neil Crowder of Chayton Capital tells the BBC that farming in Africa can be very profitable - just wait till you hear how much he expects investors will make. But will it also benefit Africans?
Ethiopia’s government said it plans to clear land and provide infrastructure for investors to accelerate a commercial farming drive in the west of the country, amid opposition to the plans that left 19 people dead.
