Foreclosure notice forces Karuturi to pay off 25 percent debt
- The Reporter
- 07 June 2014
The Commercial Bank of Ethiopia is pressuring Karuturi Global Ltd to repay a credit provision of 65 million birr (US$3.3 million).
The Commercial Bank of Ethiopia is pressuring Karuturi Global Ltd to repay a credit provision of 65 million birr (US$3.3 million).
From May 26th-28th Liberian communities impacted by palm oil came together to share their experiences and discuss their hopes for the future.
Government of Tanzania pilots a win-win deal whereby communities receive a 10% shareholding in Bagamoyo EcoEnergy Ltd. in exchange for a 99-year lease of their land free from encumbrance.
Cofco revealed that its pork subsidiary had sold stakes to private equity groups including KKR in a "strategic partnership" to construct and manage "large scale" hog farms and meat processing plants in China.
Las familias de Cerro Morenita denunciaron cortes de alambrado, amenazas con disparos de arma de fuego e intimidaciones de los inversores brasileros acompañados por el comisario de Wanda para que desalojen los lotes fiscales.
Profit maximization for multinationals like Karuturi is bolstered by the fact that borrowing locally is highly profitable.
Les firmes françaises sont de plus en plus enclines à l'acquisition de terres agricoles à l'internationale.
La Chine loue des terres agricoles en Australie, en Océanie, en Amérique du Sud et en Russie, dit Ivan Obolentsev.
A study titled ‘Sad stories about agricultural investment on right to food: A case of SAGCOT areas in Ruvuma’ notes that “cries of loss of land for small-scale farmers are widespread”.
KKR will invest about US$200 million from its European fund in Afriflora, an Ethiopian flower farm.
Some of the poorest people in this country are losing their land, water and natural resources that have supported their livelihoods for generations.
Equatorial Palm Oil (EPO) risks closure as member of Grand Bassa County legislative caucus lobbies to ensure that the operations of the company be halted due to allegations of land grabs.