The Second Swedish National Pension Fund (AP2) will invest $250 million in a joint venture with a US pension fund and financial services provider to buy farmland in the United States, Brazil and Australia.
- Top1000Funds
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08 June 2011
SMNE independent commentary on report regarding political impact and recommendations.
Wealthy U.S. and European investors are accumulating large swaths of African agricultural lands in deals that have little accountability and give them greater control over food supply for the world's poor
By handing over 80,000 hectares of untilled land to a few dozen South African farmers, authorities in the Republic of Congo are confident they will greatly improve domestic agricultural expertise and reduce the country's chronic dependence on food imports
Foreign speculators are increasing price volatility and supply insecurity in the global food system, according to a series of investigative reports released today by the Oakland Institute.
- Oakland Institute
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08 June 2011
Hundreds of Lamu farmers are up in arms against chiefs and district officers they claim collude with unscrupulous buyers to sell off their land.
- Nairobi Star
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08 June 2011
“We have opened a new page with the Egyptian government,” Alwaleed said at a news conference with Egyptian PM Essam Sharaf. “We call on Arab and international investors to return to Egypt as soon as possible.”
"The world is running out of farm land quite rapidly and farm land is going to be a very, very precious commodity in time to come. ... Australians are pretty dozy and comfortable on this issue," says Julian Cribb.
- Radio Australia
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07 June 2011
KADCO, part of Prince Alwaleed's Kingdom Holding Co, now owns 10,000 feddans [more than 10,000 ha] in southern Egypt while cultivating another 15,000 feddans that it will get ownership of at a later date.
Land is a powerful commodity that should be used for the betterment of humanity through farming and ecology.
The focus of Aabar on farming investments comes as Gulf nations, including Abu Dhabi, plan billions of dollars of investments in global food supply and infrastructure as they guard against price shocks and supply shortages in core resources.
- Interactive Investor
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07 June 2011
A new scramble for Africa is under way. As global food prices rise and exporters reduce shipments of commodities, countries that rely on imported grain are panicking. Affluent countries like Saudi Arabia, South Korea, China and India have descended on fertile plains across the African continent, acquiring huge tracts of land to produce wheat, rice and corn for consumption back home.