You’d be surprised to learn that the billion dollar barons of Australian farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund
The agribusiness company, Hoang Anh Gia Lai (HAGL), pledged to World Bank in 2015 to return land within its rubber concessions to local communities. But as residents have sheltered at home due to COVID-19, the company has cleared much of the land.
On the eve of their shareholder meetings, more than 40 organisations sign a collective statement about the situation in numerous rubber and oil palm plantations run by the Socfin group, with the financial participation of the Bolloré group
BrasilAgro, which recently merged with farmland investor Agrifirma, continues to aggressively implement its business model that focuses on the acquisition and transformation of Cerrado savanna into farmland.
In response to resistance from people’s movements, Sri Lanka has pulled out of MCC agreement, which would have opened the door for commercial agriculture and large scale acquisition of Sri Lankan lands for foreign individuals and corporations.
A Chinese sugar company with a large long-term land concession in Cambodia came under fire from NGOs Tuesday for leasing parts of the concession to local villagers, collecting rent instead of engaging in the activities stipulated in its contract with the Cambodian government.
In 2013, Missouri’s legislature pushed through a law altering a previous ban on foreign ownership of agricultural property in the state to facilitate the sale of Smithfield Foods to Hong Kong-based Shuanghui International.
High Court in Lusaka rules that the conversion of village lands in Muchinda chiefdom for a large-scale agribusiness project was illegal and violated the community’s rights, but stops short of cancelling the company's title.