Like Karuturi’s disappeared $100 million farm investment, the Addis Ababa expansion plan embodies the perils and contradictions of the Ethiopian regime’s strategy of securing internal calm through economic growth and strong ties with foreign powers.
Karuturi Global Ltd., one of the largest investors in Ethiopia’s farm industry, is challenging the termination of its project, claiming the government broke the terms of its agreement with the company.
The Ethiopian Agricultural Investment Land Administration Agency has terminated its lease contract with the controversial, Indian based agribusiness giant - Karuturi Global Ltd.
Are foreign investors really snatching up as much of Africa as they can? It’s not that simple, Foreign Policy reports.
L’Afrique est-elle vraiment en train de passer aux mains des investisseurs étrangers ? Les choses ne sont pas si simples, relate Foreign Policy.
Troubled plantations company Karuturi Limited’s owners have asked the High Court to jail the flower firm’s receiver managers for denying them access to its financial records in disregard of a court order issued in July.
Many Punjab farmers who went to Africa and Georgia in search of greener pastures are returning home
Deposed Indian flower firm is planning a major comeback to Kenya next month, after entering a debt deal that would enable it retake its vast farms currently under control of its creditor CFC Stanbic Bank.
ESAT's WWH Show interviews Obang Metho on land grabs by Karuturi and other companies in Ethiopia.
The approach taken by Ethiopia and India to reaching development goals and fulfilling environmental promises by leasing or buying large tracts of fertile land affects land, water and indigenous people.
World of Matter project provides video and photos about large-scale agricultural projects, including the Pinesso Group's operations in Sudan and Karuturi's farms in Ethiopia
Receiver managers of embattled flower farm Karuturi are disputing claims the farm and its assets have been put up for sale.
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