EIA cracks down on tardy investors
- Africa Intelligence
- 10 January 2014
The Ethiopian Investment Agency (EIA) has withdrawn 3,000 investment permits that it had previously granted to Ethiopian and foreign companies, including Karuturi Global Ltd.
The Ethiopian Investment Agency (EIA) has withdrawn 3,000 investment permits that it had previously granted to Ethiopian and foreign companies, including Karuturi Global Ltd.
President Armando Emilio Guebuza and PM Shinzo Abe must respect the legitimate and sovereign demands of the people of Mozambique, Brazil and Japan and suspend ProSavana and the G8 New Alliance.
Palm oil is cheap because it’s produced by a global industry built on land grabbing, human rights abuses and environmental devastation.
Investors from Saudi Arabia and United Arab Emirates have asked Ed Smith, a southern Alberta hay exporter, to help them buy land in North America.
Herakles Farms has been ordered to pay $4.6 million by a court in Cameroon over alleged discrimination in its hiring practices.
Land can also be ‘grabbed’ for ‘green’ purposes, triggering conflicts that undermine potential.
Palm oil cluster industry Chairman Raul Nuevas said most of these foreign investors are looking for “big contiguous area” of 100,000 ha that they can lease for 100 years.
Stockholm-listed Agrokultura said that it had received "interest" in its Ukrainian business, which harvested 69,100 hectares of crops last year.
Police in Sierra Leone open fire on villagers gathered to express their grievances over the lease of 6,500 hectares of land to the Socfin Agricultural Company. Only the latest incident in a deteriorating situation.
Protester Tun Lin Aung said about 200 farmers from his village in the Irrawaddy Delta region were in prison for trespassing due to land disputes.
Los Grobo does not own a single shovel or acre. Instead it leases machinery and land from others. This outsourcing model is now used for nearly 60% of farmland in Argentina.
The executive director of the Saudi company Iktifaa announced that his company will establish agricultural and animal projects in Sudan’s state of Sennar and the Northern state to produce grain and cattle feed.