The Zambian farming company, backed by Norfund and the World Bank's IFC, has been sold by South Africa's Zeder Investments to a group of businessmen.
The World Bank’s private sector arm approved a US$200M loan to agribusiness giant Louis Dreyfus Company under the guise of “sustainable development.
Combined, land formalisation and large-scale agro-investments lead to a systematic dispossession of village land.
Zambeef will use the funds to upgrade its feed mill, animal housing, purchase new equipment and develop 1,000 hectares of irrigation land, among other activities.
A major loan was approved this week for an industrial food producer operating in Brazil, despite concerns that the money would ultimately fund activities that contribute to deforestation.
Pumping public dollars into the destructive industrial meat sector is neither climate-resilient nor climate-smart, say Kari Hamerschlag and Peter Stevenson. It's also fuelling land grabbing.
"Reducing the risk of land conflicts and offering opportunities for investments are critical for Sierra Leone," says the Bank's representative
À Madagascar, la société civile s’oppose à ce que les investisseurs étrangers puissent devenir propriétaires de terres malgaches. Mais la Banque mondiale insiste qu'il faut faire de la place pour de plus grosses exploitations agricoles.
La Banque mondiale et le Fonds monétaire international font pression sur le gouvernement malgache pour que les investisseurs étrangers puissent devenir propriétaires de terres malgaches
Witness Radio surveyed some projects in Uganda funded by development banks and found agony, illegal evictions, abject poverty, environmental degradation, and loss of life among others.
The digitalisation of information on land and natural resources is exacerbating land grabbing in the remaining agricultural frontiers of Latin America.
Para corporaciones e inversionistas, el acceso a informaciones actualizadas de un “perfil digital de tierras” permite localizar, cuantificar la oferta y la demanda y fijar precios sobre las tierras, la producción y los recursos naturales, así como los créditos de carbono.
