US and Canadian pension fund managers have submitted multiple bids for Australia’s $3bn Paraway Pastoral empire, and its vendors are assessing offers for the 4.4 million hectare agricultural business.
With tilapia farms on Lake Victoria in Kenya and Lake Kivu in Rwanda, Victory Group will use the financing from AgDevCo to support the group’s next phase of expansion including multiple new farms in Kenya and Rwanda.
The negative impacts of oil palm plantations promoted by India's national policy to increase national oil palm production are already being felt in three villages in the state of Manipur, where the area are targeted for the plantation. The turmoil it is creating at the plantation villages indicates a departure from the indigenous ways of land governance and relations to a system designed to cater to a corporate economic system.
Resistance of communities from Cameroon and Sierra Leone whose lands have been invaded by the palm oil and rubber company Socfin for decades dealt an economic blow to the company.
Financial institutions and private investors from the global North are channelling hundreds of millions of dollars into the expansion of industrial tree plantations across Africa.
Only about 0.5pc of land comes up for sale nationally every year and it’s estimated up to a quarter of this is bought by non-farmers. Even if they don’t get the land, they are turning up at auctions and pushing prices well beyond the realms of most farmers.
Riyadh is investing in African agricultural production and export infrastructure in a bid to boost its food security amid global political shocks
Taylor Farms, which has greenhouse facilities across the US, Mexico, Canada, Spain, Germany, the UK, the Netherlands, Switzerland, and Italy, announces it has acquired leafy green producer Equinox Growers from Generate Capital.
Nigeria’s proposed $900 million poultry partnership with Chinese investors is encountering early resistance from local farmers, raising fresh concerns about how foreign-backed agricultural projects could reshape the country’s domestic industry.
In recent years the UAE has invested $60 billion in ports, airfields and logistical hubs up and down the coasts of Africa and the Arabian Peninsula, building an archipelago of influence that ties geography directly to strategic ambition. Control of infrastructure, not territory, forms the foundation of this empire.
Angola is set to grant around 800,000 hectares of land to Brazilian and Chinese business groups as part of a strategy to increase agricultural production and reduce food dependence
The plan calls for six integrated poultry farms, each with an output of about 1 million eggs per day and each backed by a 10,000-hectare agricultural estate dedicated to maize and soya production for feed.
