Via Anyuak Media, a look at recent foreign investment into Ethiopian farmland: “…Sheikh Mohammed Hussein Ali Al Amoudi, a citizen of Saudi Arabia, spends his time shuttling between Riyadh and Ethiopia, where he was born in a village 64 years ago. The son of a Yemeni father and Ethiopian mother, Al Amoudi boasts an estimated […]
Read more »Via Knowledge@Wharton, a report that recent Arab unrest has only doubled the efforts of wealthy Gulf countries and some Asian countries to launch ambitious programs to buy farmland around the world, to secure food production. As the article notes: “…Before the January protests that ended his 30-year-rule, the fiercest unrest to challenge Egypt’s Hosni Mubarak […]
Read more »Via The Guardian, a report on international efforts to lease Ethiopian land: “It’s the deal of the century: £150 a week to lease more than 2,500 sq km (1,000 sq miles) of virgin, fertile land – an area the size of Dorset – for 50 years. Bangalore-based food company Karuturi Global says it had not […]
Read more »Via MercoPress, a report that the Brazilian government is tightening a law that restricts the amount of land foreigners can buy. The decree prohibits non-Brazilians from buying controlling shares of companies that own vast tracts of territory in the country. As the article notes: “…The action is aimed at preventing foreign investors from circumventing the […]
Read more »Courtesy of Macleans, an interesting look at the rise of investor interest in Canadian farmland. As the article notes: “…The great plains of the Prairies grew the nation, fed the British Empire and fuelled our literary canon. Now the world’s breadbasket has a new role in a growing number of investment portfolios. Investors are buying […]
Read more »Via Palm Oil HQ, a report that China’s China’s Beidahuang Land Cultivation Group, one of the country’s leading vehicles for the purchase of foreign agricultural properties, will buy 200,000 hectares of farmland overseas this year, with Latin America and South East Asia as the target areas. As the article notes: “…The move is a sign […]
Read more »