Across Cambodia developers are seizing valuable pieces of land, throw the existing community out, and after protests ebb away, building new developments on them: malls and apartments for the newly rich.
The Commercial Bank of Ethiopia is pressuring Karuturi Global Ltd to repay a credit provision of 65 million birr (US$3.3 million).
From May 26th-28th Liberian communities impacted by palm oil came together to share their experiences and discuss their hopes for the future.
Government of Tanzania pilots a win-win deal whereby communities receive a 10% shareholding in Bagamoyo EcoEnergy Ltd. in exchange for a 99-year lease of their land free from encumbrance.
Cofco revealed that its pork subsidiary had sold stakes to private equity groups including KKR in a "strategic partnership" to construct and manage "large scale" hog farms and meat processing plants in China.
Profit maximization for multinationals like Karuturi is bolstered by the fact that borrowing locally is highly profitable.
A study titled ‘Sad stories about agricultural investment on right to food: A case of SAGCOT areas in Ruvuma’ notes that “cries of loss of land for small-scale farmers are widespread”.
KKR will invest about US$200 million from its European fund in Afriflora, an Ethiopian flower farm.
Some of the poorest people in this country are losing their land, water and natural resources that have supported their livelihoods for generations.
Equatorial Palm Oil (EPO) risks closure as member of Grand Bassa County legislative caucus lobbies to ensure that the operations of the company be halted due to allegations of land grabs.
One industry leader estimates that $10 billion in institutional capital is looking for access to US farmland, but that number could easily rise as investors seek to ride out uncertain financial times by placing their money in the perceived safety of agriculture.
Magcor is investing $10 million USD to boost food production and security in Ghana after investing in Agricon Global last year.
