Beyond the rosy picture
- Business Today
- 28 Mar 2012
Largest cut flower exporter Karuturi Global ventures into food business
Largest cut flower exporter Karuturi Global ventures into food business
“There is no villagization programme,” Sai Ramakrishna Karuturi, founder of Karuturi Global, told Mint via telephone. “This is a completely jaundiced western vision. They assume anything in Africa has to be done by the whites and the Chinese and Indians should have businesses only in their own countries.”
Karuturi Global is now one of the biggest private land owners in the world. They have invested over a quarter of a billion dollars in Ethiopia and Kenya alone. BBC reports.
The Dominion Farms at Yala Swamp, Kenya has seen the local community turn against what they initially welcomed with open hands.
Indian author and media commentator Anand Giridharadas joins this Al Jazeera programme along with Oakland Institute’s Executive Director, Anuradha Mittal, and Christine L. Adamow, Managing Director of Africa BioFuel, a US company invested in farmland in Kenya and Tanzania.
Especuladores, Gobiernos, bancos y fondos de pensiones se lanzan a comprar
Participants at a 2-day High-Level Forum on Foreign Direct Investments in Land in Africa have resolved to promote land-based investment models that increase agricultural productivity and maximize opportunities for Africa’s farmers.
Die beiden neu veröffentlichten Dossiers „Landnahme in Kenia“ und „Landnahme in Äthiopien“ stellen Land Grabbing in diesen nahrungsunsicheren Ländern auf den Prüfstand des Menschenrechts auf Nahrung.
Desperate for foreign investment and the promise of development, African governments are increasingly offering to foreigners what their people rely on most—land
Chief Minister of Madhya Pradesh's meetings with a delegation from Kenya, Karuturi and Ethiopia were focused on agriculture development and possible areas of work for mutual benefit.
Speaking at the annual African Cup of Investment Management, Alex Pestana said China had invested in arable land in Kenya, Tanzania, Uganda and Mozambique.
The people living on the lands now being targeted by US-owned Dominion Farms can learn a lot from the film Good Fortune, which provides a behind-the-scenes account of the struggle of a local community in Kenya to defend their lands from this company.