The rice farm of KPL, a subsidiary of Guernsey-based Agrica Limited, was once touted as the best large scale commercial farming partnership with smallholder farmers until it defaulted in 2019.
Norfund reports losses of over $23 million on its investments in the UK company Agrica and its large-scale rice plantation in the Kilombero Valley of Tanzania.
Kilombero Plantations Limited in Tanzania joins a long list of failed big agriculture projects in Africa in recent years, including Agrisol and Sun Biofuels in Tanzania; Karuturi in Kenya and Ethiopia; Nile Trading in South Sudan; Senhuile in Senegal, and Bukanga Lonzo in the Democratic Republic of Congo
Kilombero Plantation Ltd, the Tanzanian subsidiary of Guernsey-registered Agrica Ltd. and “best in class” player in the field of socially responsible ag investments in Africa, is up for sale after defaulting on loans from several financial institutions.
The World Bank’s board has granted a massive agribusiness project in East Africa a waiver that exempts it from following the bank’s Indigenous Peoples Policy—sparking fears that the development lender is making an end run to resurrect a policy that it abandoned in public.
Oakland Institute responds to reactions to its report by the owners of the industrial rice plantation in Mngeta.
Norfund, the UK aid department, and Capricorn are funding the British company Agrica’s industrial rice plantation in Tanzania, which is destroying the livelihoods of smallholder farmers.
British Secretary of State Justine Greening visited Agrica's 5818 ha rice farm in Tanzania in June 2013 and then asked AgDevCo to invest.
As investment deals between big business and the government are made across Tanzania, those working on behalf of small-scale farmers argue that more needs to be done to ensure their needs are not overlooked.
A Olam International, uma transnacional Indiana do agronegócio, e está a desenvolver um sistema gigantesco de fomento agrícola nos 850 mil hectares de terra que lhe foram concedidos por 20 anos, num local não muito longe do porto da Beira, em Moçambique.
Olam International, an India-based multinational agribusiness company, is developing an outgrower scheme on a giant 20-year, 850,000 hectare concession it has secured not far from the port of Beira, Mozambique.
African governments are bringing agriculture schemes to international investors in the hope of matching investors to fertile soils
