This time for Africa: Africa calling Indian farmers
- PTI
- 11 August 2010
ASSOCHAM, India's apex industry body, has sent a proposal to the external affairs ministry offering to act as facilitator to help Indian farmers get farmland in Africa.
ASSOCHAM, India's apex industry body, has sent a proposal to the external affairs ministry offering to act as facilitator to help Indian farmers get farmland in Africa.
Sudan is seeking to attract at least $1bn of capital for its agricultural sector from Arab and Asian investment groups, which are turning to Africa in search of new food supplies as their governments try to manage the impact of commodity price inflation.
DRC, with 80 million ha of rich arable soil of which only 5% is cultivated, has invited Indian investors in the area of largescale farming to come and assess the possibilities.
From virtually nowhere, China has rocketed to become the biggest foreign direct investor in Brazil this year with purchases ranging from iron ore mines to vast tracts of farmland and the electricity grid.
Given the expected need for additional arable land to be brought into production on a global basis, the amount of capital that could enter the [farmland acquisition] sector could substantially exceed USD 150 billion.
A poll shows 75.5 percent of voters want the rules on foreigners buying NZ farmland tightened, with only 8 percent saying they should be relaxed.
There are plenty of examples in the world of countries that can no longer feed themselves because somebody decided it was cheaper or more intelligent to buy all their food from somebody else.
Analysts and farming executives say the crisis is likely to accelerate the consolidation of Russian agriculture already under way, allowing big conglomerates to swoop on struggling small farmers.
A four-part piece about the increasing prevalence of large-scale land acquisition or "land grabs" in Sub-Saharan Africa from the Worldwatch Intitute.
Since GCC countries have the required financial capacity and advanced financial systems, they can benefit from investment opportunities in agricultural production in CIS, where Gulf funds may bring about significant changes in the production and trade in food commodities in global markets
Indian commercial farmers plan to invest in a new model farm in Zambia, according to the government.
Foreign land barons are using millions of shillings to hire elite law firms for advice on how to protect their property should Kenyans pass the proposed Constitution — that bars them from owning land — in Wednesday's vote.