An official of the giant oil palm company, Socfin, says the new Customary Land Rights Bill which is before Parliament, will make foreign investment in agriculture totally impossible when it becomes fully operational.
Stanbic Bank has received the nod to proceed with a piecemeal auction of assets of one of Kenya’s largest flower farms, Karuturi Limited to recover a Sh1.6 billion debt.
OPEC Fund for International Development has signed a $30m loan agreement under its Food Security Action Plan with Banco Sudameris with 40 percent to be allocated to farmers and agribusinesses in Paraguay.
- Gulf Business
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26 July 2022
Chinese agribusiness giant, New Hope Group, has moved to buy itself a comfortable majority share of the big Australian Fresh Milk Holdings dairy farming business.
- North Queensland Registry
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25 July 2022
Gov. Mai Mala Buni of Nigeria's Yobe State has said a group of Chinese investors will establish 10,000 hectares of rice plantation under a trial agricultural project in the state.
Kenya has offered Bangladesh to take advantage of the African nation's vast farmland for food production as Bangladesh has developed good expertise and demonstrated immense success in the field.
“This is uncommon. The Governor allocated the land to us without asking for any bribe or commission,” the CEO of Tiamin told China's Ambassador about the 10,000 ha allocated to his company by Bauchi state government.
Combined, land formalisation and large-scale agro-investments lead to a systematic dispossession of village land.
- Land Use Policy
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22 July 2022
Lake Agro and Gulf Adventures are accused of ignoring a court action and advancing with their activities including planting wheat and collecting water from the Luombwa river.
Land ownership concentration and big money are forcing farmers to clear their lands in order to keep up in the Canada's Saskatchewan Province.
Canada's Blended Finance Project interviews Witness Radio and GRAIN about the role public development banks play in facilitating land grabs around the world.
SAO Agro Services Ltd aided by eight vehicles loaded with security corps and officers of the Nigerian Army invaded Ofosu area with a bulldozer to begin the destruction of farmlands of over 20,000 farmers.
- Nigerian Tribune
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20 July 2022