SOCFIN's subsidiary, the Salala Rubber Corporation, rejects dispute resolution with 22 communities in Liberia who filed a complaint with the IFC's Compliance Advisory Ombudsman, citing concerns with the "partiality of CAO’s team".
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.
- Africa Agribusiness
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11 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.
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.
- Famous People
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30 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.
- Liberian Observer
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04 July 2019
Communities also file second complaint against the World Bank for new financial ties to HAGL
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.
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
- Deal Street Asia
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12 October 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
- Daily Nation
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13 February 2018
IFC financial intermediary investments linked to land grabs and displacement in Africa. CSOs critique proposed changes to IFC lending policies
- Brettonwood project
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03 July 2017
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
- 4-Traders
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16 November 2016
Un litige oppose des pêcheurs et des paysans indiens à la Société financière internationale (SFI)