For Saudi state-based SALIC the investment in Hummingbird reflects its ambitions to evolve into a global agribusiness investment company, and is a strong strategic move after its string of farmland deals this past year.
In a complaint filed today, 22 Liberian indigenous villagers say the Salala Rubber Corporation is using World Bank money to expand and operate its Liberian plantations through illegal land grabs, sexual violence and intimidation of human rights defenders.
China-backed banana tissue-culture plantations, banned in Laos and Thailand, began popping up in Myanmar about 12 years ago. A report issued earlier this year by Land Security and Environmental Conservation Network indicated that that there are more than 100,000 acres of banana plantations in Kachin state.
A Lao villager held in jail since 2011 as a leader of a land protest in the country’s Salavan province has died in custody. The seizure of land for development or agricultural use has been a major cause of protest in Laos and other authoritarian Asian countries
In a letter addressed to SOCFIN's Nigerian subsidiary, Okomu Oil Palm, the Traditional Council of Okomu Kingdom tells the company it will enforce its rightful ownership of the lands that the company currently occupies.
Gulf agribusiness companies found their panacea in Egypt, which is prioritizing investment in large-scale, modernized farming to export crops over pursuing strategic crop cultivation and traditional farming methods in the Nile Valley and Delta.
One of the key proposals is the establishment of 50 new large-scale farms of 2,500 acres or more that will be funded, owned and operated by the private sector, in a plan aimed at unlocking up to 500,000 acres.