In August 2011, Phatisa concluded its first transaction to invest US$ 10 million alongside the Finnish Fund for Industrial Cooperation Limited (FINNFUND) and the Company’s Sponsors, in Goldtree a palm oil plantation and milling company in Sierra Leone, representing a total investment of US$ 20 million.
Anuradha Mittal of Oakland Institute speaking on land grabs at Moana Nui, November 2011
Corporate agriculture is not about food production or satisfying the needs of the undernourished or downright starving but about producing profit. How long can it be before its limits are reached?
The Overseas Private Investment Corporation, the US government’s development finance institution, approved Wednesday a $150 mln financial package that will go to Citadel Capital, a regional private equity firm that just completed its first wheat harvest in Sudan.
The Dominion Farms at Yala Swamp, Kenya has seen the local community turn against what they initially welcomed with open hands.
Pastoralists yesterday told Prince Charles that foreigners were acquiring huge tracts of land in many areas across Africa for cultivating biofuel plants and for caring out conservation programmes at the expense of the indigenous people who were left landless.
Commodities trader Jim Rogers, known for his investment prowess alongside George Soros, is in Australia to launch a new rural land fund which is seeking to raise up to $350 million to buy farms in northern NSW
Western Australia announced it will make available 15,200 hectares of new irrigable farm land near Kununurra in the state's deep north, more than doubling the size of an existing irrigation area, with the government hoping to attract interest from foreign investors.
In Africa, the strategy is to buy land. But in Argentina, they are forming associations that allow them to grow crops and guarantee food supplies for their population.
Two of the last big Australian-owned sugar mills, Maryborough and Proserpine, could soon be sold to foreign buyers in takeover deals worth more than $350 million.
A survey shows New Zealanders are overwhelmingly opposed to foreign ownership of New Zealand farmland – but three weeks out from the election there is no sign the main political parties will make a fight of defending our turf.
Contract between the Government of Cambodia and the Chinese company Heng Yue International for a 8,959 ha concession for the production of acacia and sugar cane.
