Uganda's Non-Governmental Organization Bureau has suspended 54 organizations for alleged 'non-compliance', including Witness-Radio, which has been defending several communities whose lands have been grabbed by foreign agribusinesses.
Global investment company Proterra Investment Partners is divesting its Australian farm portfolio – the Corinella Group Pty Ltd consisting of 49 farms across southeastern Australia with expectations of fetching A$350 million.
Reporting by Agência Pública has revealed how investors including U.S. pension funds and an Argentine agribusiness giant may be linked to illegal land deals and deforestation in Brazil’s Cerrado region.
CEFF II raised $1 billion from a group of institutional investors, mostly pension funds, to invest in high-tech greenhouses, indoor, vertical farms, and other sectors that need controlled environment agriculture facilities.
Banks, retirement funds, retail investors, boutique asset managers, and even some nonprofits and universities are doubling down on farmland investments, making it increasingly difficult for farmers of color to access land.
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.