According to researcher, Loro Horta, the technological centres project is the result of a growing Chinese interest in African agricultural resources.
"Foreign governments and institutional investors have only recently been moving into the space and in a very limited way and yet they have already generated considerable controversy and political backlash where they have deployed capital into the emerging markets. We believe that this will only become worse over time," says Agcapita's Stephen Johnston.
The South Korean government has realised that its 49 million people cannot, in the long term, be fed sustainably without the assistance of Africa’s abundant land resources.
The Alliance for Food Sovereignty in Africa urged African leaders to resist the corporate industrialization of African agriculture which will result in massive land grabs, and for the issue to be raised at the upcoming climate talks in Copenhagen.
Sai Ramakrishna Karuturi, managing director of Karuturi Global Ltd was conferred with the award for business excellence in agribusiness in Africa by Corporate Council on Africa, for the year 2009.
While Dominion Farms is honored that Business Week saw our company as a global front runner in doing business in Africa, we are disheartened by the lack of commitment to the true story of Dominion Farms.
South Korea, through the Korean Economic Development Fund, has extended a $50 million (about Sh65 billion) loan to the Rufiji Basin Development Authority (Rubada). About 100,000 hectares of land have been set aside for modern rice farming under the project.
Over the next couple of weeks we will see a level of political frenzy let loose on the international stage.
22. Stresses that farmland acquisition by foreign investors, particularly in Africa, must not have an adverse impact on local food security or lead to unsustainable land use; points out that it may also have positive effects by bringing land into productive use; urges the FAO and the Member States to work towards common rules and legislative proposals which recognise the right of local people in every country to control farmland and other natural resources vital to their food security;
Developed nations attempt to secure supplies of food and biofuels to mitigate the impacts of climate change on the food and energy security of their populations, Khadija Sharife writes in this week’s Pambazuka News
Tadco has visited the Kalumbarak Skyline Village in Malungon town, Philippines, with the intention of putting up a multimillion dollar worth agricultural investment.
