An Australian cattle farm was used by Chinese-owned company United World Enterprises to lure retirees into investing up to $46 million for fake agritourism and aged-care village schemes.
Reporting by Agência Pública has revealed how investors including U.S. pension funds and an Argentine agribusiness giant may be linked to illegal land deals and deforestation in Brazil’s Cerrado region.
UK-based social impact and sub-Saharan-focused investor AgDevCo announced its latest investment of $3 million in Quinta da Bela Vista Limitada – an irrigated banana estate in Mozambique’s Boane area.
Dénonciation des pratiques de corruption et incitation à un conflit entre la communauté de Mwando par la PHC Feronia KKM à Lokutu/Territoire de Basoko, province de la Tshopo en République Démocratique du Congo.
- Communauté Mwando
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28 July 2021
One view in the market is that the new Law permits (by not prohibiting) non-Brazilian individuals and entities to invest – indirectly – in rural property, by acquiring shares in Fiagros that hold the title to rural property.
Elara India Opportunities Fund, which Indian lawmakers suspect may be linked to Gautami Adani, was the largest foreign shareholder in Karuturi Global Ltd, owning 3.25% of the company in 2018.
Banks receive nod to auction Karuturi assets in Kenya
- Citizen News
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26 July 2021
Seven years after the farm was placed under receivership due to debts owed to Kenya Revenue Authority and a local bank, the final nail has been hammered on its coffin. Workers now worry for the Sh300 million they are owed in salary arrears, union dues and savings.
- The Standard
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22 July 2021
Alors que l’accaparement des terres au Gabon fait jaser, le ministre de l’Habitat assure que l’Etat ne vend pas des terres aux non gabonais. Et «tout ce qui est droit coutumier de propriété n’existe pas» précise-t-il.
- Gabon Review
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22 July 2021
Executive members of an organisation representing landowners engaged in a long drawn out dispute with Socfin Agriculture Company in Malen Chiefdom in the Pujehun district have appealed to President Julius Maada to intervene.
Villagers in Kilwa were encouraged to give up their lands for an investment in large-scale farms to produce cassava for export, but as time passed on, they realised the much touted investor was but a ghost.
« La conviction est que si nous continuons dans cette dynamique, les générations futures seront sacrifiées et nous serons tous responsables de cette situation », déclare la VP du Conseil économique et social, Fatoumata Legma.
- Commodafrica
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21 July 2021