Liberian, West African and international civil society organizations, communities and individuals are alarmed by news that SRC’s parent company, Socfin, is seeking to divest its shares in SRC without first settling its social, environmental, cultural, financial, and economic debts to affected communities.
The funding comes from the UK's CDC Group. Norfund and the US DFC.
A new World Bank report on land in Africa acknowledges the failures of large land deals but still promotes large-scale land investments.
- Zimbabweland
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03 June 2024
Africa is at the forefront of the land grab crisis in the Global South, with nearly 1,000 large-scale land deals for agriculture recorded across the continent since 2000.
- African Arguments
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03 June 2024
Experts say the economic forces now reshaping agriculture are similar to ones that have transformed residential real estate over the last two decades, with investors — from pension plans to well-to-do urban families — fuelling speculation and driving up real estate prices
Russia's Agro-Industrial Holding Company has confirmed plans for the construction of a 500 ha greenhouse complex in the Keles district of the Turkestan region.
- Times of Central Asia
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03 June 2024
The Bodi people have been decimated since the Gibe III dam came into operation and diverted the Omo River’s waters to large-scale irrigation schemes.
- African Arguments
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29 May 2024
Carbon Done Right plans a stock market flotation and says it has secured access to 57,000 hectares in Sierra Leoone—but no leases have been registered with local authorities
- Source Material
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29 May 2024
Representatives of the Awyu and Moi communities from the Indonesian province of West Papua held traditional ceremonies outside the country’s Supreme Court calling for their traditional land and forests to be protected from palm oil plantations. The Awyu have also intervened in appeals taken by two other palm oil companies against a decision to cancel permits that it had previously issued for them to clear Indigenous lands.
Temasek-owned GenZero is among investors backing the first phase of an ecosystem restoration project, which at full scale targets to plant thicket on 100,000 ha of land across the Eastern and Western Capes of South Africa.
- Business Times
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28 May 2024
Since 2019, the country has added some 175,000 hectares of tree plantations, almost all the fast-growing, carbon-sucking Pinus radiata pine
For the World Bank guaranteeing land tenure means business security for large investors, but for small scale producers, Indigenous peoples, workers, and grassroots communities it means land grabbing and displacement