Bangladeshi companies launch Africa farm lease plan
- BBC
- 17 May 2011
Bangladeshi companies say they have leased thousands of hectares of farmland in Africa as part of their efforts to avoid future food shortages.
Bangladeshi companies say they have leased thousands of hectares of farmland in Africa as part of their efforts to avoid future food shortages.
More Southland land has been sold to overseas investors in the past year than at any other time during the past six years.
Governor of Northern State says an Emirates investor, to whom 95,000 acres have been allocated in Um-Jawaseer, will invest USD 15 million.
Bangladesh has leased tens of thousands of hectares of farmland in Africa as part of a government drive to improve food security in the poverty-stricken South Asian nation, an official said on Tuesday
The world’s second-oldest profession–farming–is a hot investment
MK Group, a Serbian company, currently cultivates around 30,000 hectares of land in Ukraine
As most GCC countries import most of their food, they are interested in investing in Africa’s arable land and establishing export-oriented farming businesses. However, GCC investors are increasingly aware of legal and political risks associated with such investments.
According to Michael Yabsley of the Australian Gulf Council, agricultural land is among the top asset classes in Australia being considered by Gulf investors who have placed food security at the top of their priorities.
The 24 Land lease agreements recently disclosed by the Ethiopian Ministry of Agriculture reveals that the federal Government has so far leased about 350,099ha of land.
Sugar may seem innocuous enough, but sweet-toothed Western consumers could be fuelling conflict between poor farming communities and big business with every spoonful. Sam Campbell reports from Phnom Penh
The potential investors are interested in breeding corn and forage crops, and to export the produce to China.
The Environmental Forum of Indonesia says fifty-percent of the country’s oil palm plantations are owned by foreign parties.