Karturi Ltd, the Kenyan flower production unit of Karuturi Global, is in financial collapse and been put under receivership. One of the world's most infamous landgrabbers is in its deepest trouble yet.
- TJN et al
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14 February 2014
Italian confectionery group Ferrero signed with the Serbian Minister of Agriculture an agreement on the purchase of 1,000 hectares intended for the production of hazelnuts.
Olam international has concluded a $211 million sale for its vast Victorian almond orchards on the Murray River at Mildura and Robinvale as part of a minimum 18-year lease-back deal.
- The Land
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13 February 2014
“Farmland has now become the latest scarce ‘hot’ commodity for all sorts of speculators who have absolutely no interest in agriculture,” says John Peck of Wisconsin-based Family Farm Defenders.
- Takepart.com
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13 February 2014
A Commission of Inquiry in Papua New Guinea has recommended an Australian-led company involved in obtaining leases over more than two million hectares of traditional land be investigated for criminal misconduct and conspiracy.
Luke Marriott’s Gold Tree is presently fighting tooth and nail to take over the Matru Jong 7,008 acre oil palm plantation but industry experts say that Gold Tree does not have the capacity (money).
- Global Times
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12 February 2014
The film shows a contract worth just US$25,000 (Dh92,000) for 600,000 hectares of land, with full exploitation rights, made out to Howard Douglas, a former United States ambassador and coordinator for refugee affairs.
- The National
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12 February 2014
The Fleurette Group, controlled by Israeli businessman Dan Gertler, announces a further financial commitment of $1.5 million for 2014 its 1,482-acre Kitoko Food Farm in the DR Congo.
- PRNewswire
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11 February 2014
Felda Global Ventures Holdings Bhd (FGV) has denied being in discussions with Tadmax Resources Bhd over the sale of the latter’s land in Indonesia.
- The Star
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10 February 2014
The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of Cambodian families said Wednesday that most locals were happy with the new jobs the plantation has generated.
- Cambodia Daily
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06 February 2014
African countries that missed out on Gulf cash pouring into agricultural projects elsewhere on the continent are trying to entice Arab investors with deals they say are designed to avoid problems of the past.
Progress toward securing the land rights of forest communities has slowed around the world, with some hard-won gains threatening to be rolled back in some countries even as others see advances, say forest experts.