IFC

Land grabs are cheap deals for rich countries

The International Financial Corporation has actually increased the ability of foreign investors to acquire land in developing country markets by promoting profitable deals, creating “investment promotion agencies” and rewriting national laws., says Anuradha Mittal

IFC lends a hand in great "land grab"

As the International Finance Corporation (IFC), the private sector arm of the World Bank, announces plans to increase investment in agribusiness by up to 30 per cent in the next three years, NGO reports shed light on the IFC's role in the 'land grab' movement and flaws in its approach to the food crisis.

The great land grab: Rush for world's farmland threatens food security for the poor

A new report from the Oakland Institute lays bare the insidious role played by international financial institutions like the International Finance Corporation of the World Bank and Foreign Investment Advisory Service, as well as rich nations, in promoting and facilitating this widespread land reappropriation--all in the name of promoting food security through foreign investment in agriculture.

‘Agrologistics’ at home and abroad

Private equity used to stay away from anything to do with agriculture, put off by the uncontrollable risks of bad climate and natural disasters. And yet in the last three years some big funds have been launched in the agribusiness space, and they are busy trying different ways of mitigating the risks.

IFC to invest $200 mln in Africa agribusiness

The International Finance Corporation, the World Bank's private sector lending arm, will nearly double its investment in agribusiness in Africa to $200 million during the 2009 fiscal year, a senior official said.

10 Ideas Changing the World Right Now: 7. The Rent-A-Country

Growing crops for strangers, of course, is nothing new. The long, grim march of colonialism was driven by Europe’s penchant for sugar, tea, tobacco and other crops that don’t flourish in northern climes. But as climate change and growing populations put ever more pressure on the earth, state-backed searches for land and food contracts as part of a national food-security strategy strike many as fundamentally new.

Saudi Arabia, Britain discuss investment prospects

Saudi Finance Minister Ibrahim Al-Assa also met the chief of the International Finance Corporation, Lars Thunell, and discussed ways to strengthen cooperation between the Kingdom and the IFC in areas of joint external agricultural investments in addition to activating the corporation’s activities in the Kingdom.