Chadha Agro Plc, one of India’s giant operators in agro business, is set to receive 100,000 ha of Oromian land (an area nearly twice the size of Singapore country) in addition to the 300,000 ha of land given to various other Indian investors recently.
The lure of cheap land and the promise of making big money are making local farmers and NRIs invest in African countries like Liberia and Ethiopia, whose economies were wrecked by the civil wars.
Experts meeting at the World Bank in Washington, DC, discuss how best to assist African smallholder farmers to transition from subsistence to commercial farming.
Building overseas food production bases, developing overseas food resources and vitalizing direct overseas transactions and diversification of import sources are crucial for Korea
Investing in Adecoagro is “a way to play the potential global shortage of food, especially in emerging markets,” says Francis Gaskins, president of IPOdesktop.com
Several African leaders have bought lands in Ethiopia to develop agricultural projects or tourism resorts. They are let to bypass a 2007 ban on export of cereals, still in place for other investors.
Alberta pension fund pays $415 million for more than 1500 square miles of forest in Australia to be converted to timber plantations and agriculture.
The ECER has abundant land, which could fulfill the needs of Middle East countries that are looking for their food security program, says Malaysian official.
Stop land grabbing, defend food sovereignty and say no to violence against women farmers!
Lester Brown from the Earth Policy Institute reveals how rich countries worried about their future food supplies – along with investment banks – are buying up arable land in Africa, yet are failing to deliver any benefits to local people.
Africa is up for sale by the acre to the highest bidder. But how can rice exports from Ethiopia to Saudi Arabia be justified?
With climate change and rising demand for biofuels pushing up food prices, rich countries are increasingly looking for land in poorer nations to feed themselves. But is this at the expense of the host country?