The World Bank's principles, which would be entirely voluntary, aim to distract from the fact that today's global food crisis, marked by more than 1 billion people going hungry each day, will not be solved by large scale industrial agriculture, which virtually all of these land acquisitions aim to promote.
In Ethiopia, farms backed by foreign investors are growing with abundance, while native farmers subsist on food aid.
Domestic and international investors are taking over increasing amounts of arable land in Mali.
Indonesia will require investors in food crop production to get local government permission before developing farms or estates in order to prevent land disputes.
Conference developed to respond to the growing interest in farmland asset management.
Agriculture is suddenly on every end investor’s radar, and many are dipping their toes in the water through pure farmland investment.
The supposed win-win formula raises many problems, doubts and concerns.
Saudi Arabia is interested in investing in Zambia's agriculture sector in order to improve the food security of the two countries. Zambia says they have plenty of land for this.
Chinese investors interested in cultivating Bahamian land could be interested in exporting what they produce as well as supplying the local market, the executive chairman of the Bahamas Agriculture and Industrial Corporation said yesterday.
Contract covers the lease of 3,012 ha in the Gambela Regional State for a period of 50 years, with option for renewal.
The global rush to acquire agricultural land in bountiful Africa evokes concern and protests.
European pension funds are investing in global farmland, with a focus on emerging markets. If political problems arise, “You'll have the World Bank on your side,” SilverStreet's chief investment officer said.
