New documentary film shows how sales of huge land areas of Ethiopia, by the Ethiopian government, to foreign investors, have led to starvation and forced displacement, and how the World Bank is complicit.
IFC, a member of the World Bank, will provide US$50 million to the Argentine subsidiaries of Adecoagro S.A., a company backed by billionaire George Soros, to support resource-efficient farming and food processing technologies
In March the World Bank board granted a waiver of its current safeguard policy for indigenous peoples in relation to a loan to the government of Tanzania for SAGCOT, a multi-million dollar public-private partnership agribusiness development project.
The World Bank's IFC is committing up to US$30 million to Hosen Investment Fund III, the latest vehicle from Hosen Capital, a Chinese private equity fund with a strong focus on agriculture and food industry.
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.
The World Bank’s board has granted an East African agribusiness project called SAGCOT a waiver that exempts it from following the bank’s Indigenous Peoples Policy — sparking fears among human rights advocates that the development lender is setting a precedent that weakens protections for indigenous peoples.