Swedish investor EcoDevelopment registered a claim at the International Centre for Settlement of Investment Disputes against the Tanzanian government on September 11, 2017 for revoking a land title amid concerns over the impact on local communities and a wildlife sanctuary.
Experience in Mozambique with agribusiness investments shows Investors need to better educate themselves about the local context in which their funds are deployed.
One final straw for the German company which owns 70,000 ha of land in Oromia has put a definitive end to its Ethiopian adventure.
- Africa Intelligence
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22 September 2017
Around 2006, Mitr Phol Sugar Corporation., Ltd. One of major sugarcane and sugar companies in Thailand began to expand their production base to neighboring countries. This infograhpic solely looks at the case of sugarcane plantation investment in Oddar Meanchey, Cambodia.
- The Mekong Butterfly
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21 September 2017
Karuturi Global Ltd., an Indian flower grower, demanded compensation from the Ethiopian government for a series of failed land deals as it prepares to exit the Horn of Africa nation.
- Bloomberg
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21 September 2017
Hong Kong based investors who recently took a 51 percent stake in northern NSW export beef processor, Bindaree Beef have plans to further develop their Western Australian grazing property investments, purchased in April last year.
- Beef Central
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20 September 2017
COFCO Corp, China biggest agricultural products supplier by revenue, plans by 2020 to see 60 percent of its revenue contributed by overseas markets and control up to 50 million metric tons of foreign grain resources.
- China Daily
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20 September 2017
“Full speed ahead with the ProSavana!” is the position of the Mozambican government, despite the agricultural project raising a chorus of criticism.
Locals in Bewani, West Sepik Province are paid poorly for their labour on oil palm plantations by logging companies.
- Act Now!
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16 September 2017
An obscure company’s quest to rebuild a century-old business could lead to the British stock exchange.
- Bloomberg
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16 September 2017
This study highlights the role of European Development Finance Institutions (DFIs) in possible land grabs and questionable forestry projects in Africa.
Under fire from watchdogs and consumers of its smartphones, Samsung said it would not pursue a joint venture with Korindo amid an NGO campaign highlighting Korindo’s rainforest destruction for palm oil in Indonesia’s Tanah Papua region.
- Mongabay
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14 September 2017