The debt-ridden oil palm plantations company operating in the DR Congo announces that it is pursuing a restructuring plan that includes a sales process and potential liquidation.
- Globe Newswire
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24 May 2020
DR Congo's largest plantation company announces resignation of its Executive Chairman, soon after departure of its CEO.
NGOs call on the CDC Group and all the development banks involved in the Feronia-PHC oil palm plantations to publicly issue a clear statement of support for the mediation process and to ensure the security of participating community members.
- RIAO et al.
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25 November 2019
Killing of Joël Imbangola Lunea allegedly linked to ongoing unrest between local communities and Canadian palm oil giant Feronia-PHC.
A member of the Congolese organisation RIAO-RDC was brutally killed by a security guard of the Canadian palm oil company Feronia Inc near the company’s Boteka plantations.
Un membre de l'organisation congolaise RIAO-RDC a été brutalement tué par un agent de sécurité de la société canadienne Feronia Inc, près des plantations à Boteka
Canadian company operating oil palm plantations in the DR Congo announces new round of share sales to its existing shareholders, including the UK's CDC Group and the African Agricultural Fund.
- Globe Newswire
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28 May 2019
Ambitions for venture capital in African agriculture – once the Next Big Thing – are foundering, as is the case with the Southern Agricultural Growth Corridor of Tanzania.
- Africa Confidential
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22 Mar 2019
Fondos de desarrollo europeos y estadounidenses financian a la empresa palmícola Feronia Inc,a pesar de los conflictos laborales y por tierras en sus plantaciones de palma aceitera en la República Democrática del Congo (RDC).
En RDC, des fonds de développement européens et américain financent l’entreprise de production d’huile de palme Feronia Inc, malgré les conflits fonciers et les problèmes de droit du travail auxquelles sont confrontées ses plantations.
New report: European and US development funds are bankrolling palm oil company Feronia Inc despite land and labour conflicts at its plantations in the Democratic Republic of the Congo (DRC).
AAF's $1.8 million purchase of convertible debentures could take the development bank-backed fund's ownership of DR Congo's biggest oil palm plantation company to 47%.
- Marketwired
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04 December 2015