After acquiring majority ownership in the PHC plantations from European development banks in 2020, former partners have turned on each other with legal action underway across four jurisdictions for control of the company, valued at US$100 million.
- Oakland Institute
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22 June 2021
New information indicates that Feronia's $15 million rice operations were taken over by a politically connected Belgian-Congolese businessman when they mysteriously vanished from the company's books in 2017.
La mère de Efolafola Nisoni Manu, agé de 20 ans, parle de sa meurtre en février dernier aux mains des policiers et des agents de sécurité de la société de plantations de palmier à huile PHC/KKM.
- RIAO-RDC et GRAIN
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30 April 2021
Monsieur Manu Efolafola a été jeté dans le fleuve Congo sous menotte par les policiers et gardes industrielles de la société de plantations d'huile de palme PHC FERONIA/KKM en RD Congo.
A Kuramo Capital fund filed suit in Delaware seeking to oust the manager of its investments in DR Congo palm oil plant over his alleged scheme to loot the business.
One of those attacked by the company’s security guards died shortly after being badly beaten, tortured and detained.
- RIAO-RDC
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26 February 2021
Le président de la société civile Basoko (rive Lokutu) dénonce les récentes arrestations et violences policières suite aux protestations pacifiques contre la société de plantation de palmiers à huile PHC.
- RIAO-RDC
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16 February 2021
President of the Civil Society of Basoko (Lokutu side) denounces the recent arrests and police violence following peaceful protests against the oil palm plantation company PHC.
- RIAO-RDC
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15 February 2021
The oil palm plantation company PHC is funded by European and US development banks and companies.
- RIAO-RDC
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14 February 2021
RIAO-RDC exige que les institutions financières de développement occidentales qui financent la société PHC agissent pour mettre fin à ces genres d'atrocités.
- RIAO-RDC
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14 February 2021
CDC Group, Norfund, Finnfund, FinDev Canada and BIO announce an $82 million joint commitment to Phatisa Food Fund 2 to invest in agribusiness across Sub-Saharan Africa.
- FinDev Canada
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04 February 2021
CDC Group, Norfund, Finnfund, FinDev Canada and BIO invest in Phatisa's second African agribusiness fund, even as Phatisa's first DFI-supported fund, the African Agriculture Fund, remains embroiled in land conflicts.
- FinDev Canada
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04 February 2021