IFC

IFC set to invest $4 million in Suguna Poultry Kenya
- Africa Agribusiness
- 11 Mar 2020
Suguna Poultry Kenya, subsidiary of India’s multinational Suguna Foods, will expand its breeder and hatchery poultry farms with financing from the World Bank's IFC.
Fields of gold: Commodities kingpin leaves a troubling legacy in Moldova
- Mongabay
- 05 Mar 2020
A Mongabay investigation traces the rise and fall of a billion-dollar agribusiness cartel in Eastern Europe, finding it relied on money laundering, tax avoidance and state capture.
Nigeria: Promasidor, Ekiti State sign pact on Ikun Dairy Farm
- Famous People
- 30 July 2019
South Africa based Promasidor Holdings and Ekiti State will jointly pursue the rehabilitation and expansion of the Ikun Dairy Farm, which spans across 1,000 hectares in the Moba Local Government Area.
SRC’s investment faces hiccups
- Liberian Observer
- 04 July 2019
The Liberian Observer has reliably gathered that the International Finance Corporation has tabled all SRC’s loan application processes pending full scale investigation into a recent complaint filed against it by 22 indigenous Liberian communities.
Cambodian indigenous communities win back their sacred land from Vietnamese rubber developer
- IDI
- 26 Mar 2019
Communities also file second complaint against the World Bank for new financial ties to HAGL
Supreme Court rules that World Bank Group can be sued in US Courts in historic decision
- CIEL
- 27 February 2019
US Supreme Court rules that the World Bank's IFC can be sued. This may create new legal liability for development finance institutions whose funding harms local communities.
IFC likely to extend $10m debt to Phoenix Commodities’ Kazakhstan project
- Deal Street Asia
- 12 October 2018
Phoenix Fruits, a subsidiary of Phoenix Commodities, the global Indian agri-business giant, is in the process of securing several greenfield sites for fruit production in Kazakhstan
36 Uganda farmers paid in Bidco project dispute
- Daily Nation
- 13 February 2018
Payoff follows mediation by the dispute resolution office of the World Bank’s IFC but of the 36 farmers who were compensated, eight later rejected the deal and are expected to take their case to court this month
IFC investments implicated in land grabs in Africa
- Brettonwood project
- 03 July 2017
IFC financial intermediary investments linked to land grabs and displacement in Africa. CSOs critique proposed changes to IFC lending policies
IFC international finance provides $50 million to Adecoagro to support sustainable agriculture in Argentina
- 4-Traders
- 16 November 2016
IFC, a member of the World Bank, will provide US$50 million to the Argentine subsidiaries of Adecoagro S.A., a company backed by billionaire George Soros, to support resource-efficient farming and food processing technologies
Banque mondiale, une zone de non-droit protégée par des juges
- CADTM
- 23 July 2016
Un litige oppose des pêcheurs et des paysans indiens à la Société financière internationale (SFI)
Global call to development banks: don't fund projects that violate human rights
- Thompson Reuters Foundation
- 14 July 2016
A growing number of governments have been criminalising the activities of land and human rights activists and putting restrictions on non-governmental groups.