Boston-based Peritia Capital Management invests in hard assets or agribusiness companies via debt, equity, or joint-venture structures.
Sierra Leone’s Minister of Agriculture has blocked a large-scale poultry farm project covering 10,000 acres promoted by two Israeli companies citing “critical commercial risks” that need to be resolved.
- NightWatchSL
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22 April 2020
Abu Dhabi-based agriculture firm Al Dahra Holding has signed a crop supply deal with Bulgarian agribusiness group AJD Agro Ltd,
Kalungu leaders have blocked a move by the proprietors of Lukaya Natural Rice Farm to sack 412 casual workers in the wake of the coronavirus pandemic.
- The Monitor
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15 April 2020
On March 21, security personnel from the palm oil firm PT Artha Prigel clashed with farmers in Lahat district, in South Sumatra province. Two farmers were killed in the fighting, the latest flare-up in a conflict that goes back nearly three decades. Locals accuse the company — a subsidiary of the Sawit Mas Group, which supplies oleochemicals to Procter & Gamble — of stealing their land. Activists have denounced the escalation in the conflicts, saying businesses shouldn’t be taking advantage of the country’s focus on dealing with the COVID-19 pandemic to further their own — often illegal — interests.
IDH is working with FMO, the Dutch development bank -- which last year granted Zambian fully integrated tilapia operation Yalelo a $10.5 million senior secured loan facility -- to draw up guidelines for investing in African aquaculture.
- Undercurrent News
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14 April 2020
HighQuest Partners has documented an additional 100 ag investors that have made their first investment in food and agriculture in the first quarter of 2020, directly or via allocations to asset managers.
Villagers say trouble began when a new investor, Lake Agro Limited, entered an agreement with an American investor, Dominion Farms Limited, to take over the swamp for the remaining lease period.
A law to privatise farmland, ultimately for the benefit of global finance and agribusiness, was pushed through Parliament under pressure from the IMF in the context of the coronavirus crisis.
- World Socialist
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01 April 2020
Ethiopia's Mursi tribe says they were imprisoned and tortured to protect Chinese sugar plantations.
The IMF is said to be making the passage of a law to privatise farmland a condition for emergency assistance to Ukraine to help it cope with the coronavirus pandemic.
The Digoel Agri Group has begun operating in an Indonesia mega project being fought over by investors from around the world earmarked to become the world’s largest oil palm plantation, in a vast project that has been mired in allegations of lawbreaking.
- The Gecko Project
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24 Mar 2020
Dutch flower growers who dominate the flower farms in Kenya are being accused of avoiding taxation while proudly wearing the “fair trade” badge.
PT Hamparan Masawit Bangun, an affiliate to one of palm oil trader Wilmar International suppliers, has been operating illegally on community lands in Central Kalimantan, Indonesia. Now the company accused three indigenous farmers of stealing palm fruit from the land, an emblematic case of how corporations can weaponize law enforcement against communities over land disputes.
China grow more soybeans in Russia to replace imported American soybeans. More than 70 companies from Heilongjiang province already grow soybeans in Russia and there are eight foreign agricultural "industry parks" covering an area of 600,000 ha. The main threat of the soybean ventures appears to be incursions of Russian territory as China effectively colonizes its distant, empty Far East.
- Dimsums Blogspot
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15 Mar 2020
This report highlights nearly 700 organizations that are investing in food and agriculture globally in a sector that had over $131 billion in Assets Under Management in 2019.
President Emmerson Mnangagwa is planning to parcel out vast tracts of prime horticultural land to the Belarusian government in a deal that will see the eastern European nation farming and exporting produce.
Cresud controls 370,000 ha in the province of Salta, in the ancestral lands of the Wichi people, where, in the first months of 2020, nine children died from malnutrition and lack of water.
UkrLandFarming has been facing hard times due to complicated situation around its owner Oleh Bakhmatyuk, a Ukrainian businessman who is active in several businesses including agriculture, mass media, and finance.
- largescaleagriculture.com
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05 Mar 2020
A Mongabay investigation traces the rise and fall of a billion-dollar agribusiness cartel in Eastern Europe, finding it relied on money laundering, tax avoidance and state capture.
The Indonesian minister in charge of investments, Luhut Pandjaitan, has declared there will be no new permits for oil palm plantations in the country’s Papua region. Activists are skeptical about the minister’s U-turn, given that Luhut has been the government’s most vocal defender of palm oil industry.
Archbishop Ignatius Kaigama of Jos, Nigeria and President of RECOWA-CERAO has voiced against massive grabbing of agricultural land in Africa.
A security guard for the Canadian oil palm plantation company Feronia Inc was acquitted on 4 February 2020 for the murder of Joël Imbangola Lunea, an environmental activist and member of the organisation RIAO-RDC.
- RIAO-RDC
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12 February 2020
Un chef de sécurité de la société canadienne de plantation de palmiers à huile Feronia Inc a été acquitté le 4 février 2020 pour le meurtre de Joël Imbangola Lunea, un défenseur de l'environment et membre de l'organisation RIAO-RDC en RD Congo.
- RIAO-RDC
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12 February 2020
Entities like the Bill and Melinda Gates Foundation are directing large commitments to the farmland space, Investable Universe reports.
- Investable Universe
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03 February 2020
Les Chambres d'agriculture France posent des questions sur les nouvelles formes de financiarisation des systèmes agricoles et alimentaires
- Plein champ
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03 February 2020
Companies from countries across the world have acquired fertile Nile-irrigated land for growing food crops, non-food agricultural commodities such as alfalfa, flowers, tobacco, and biofuels, rearing livestock and logging trees.
- Pulitzer Center
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01 February 2020
Serbia has neither clear rules of the game nor a development strategy for the agricultural sector, which is why the government confuses itself with Gulf State investors in secret meetings and makes real deals under the grain.
The Dutch National Contact Point for the Organization of Economic Co-operation and Development (OECD) today declared a complaint from three Friends of the Earth groups (Milieudefensie (Netherlands), SDI (Liberia) and WALHI (Indonesia)) against Dutch bank ING admissible.ING has been ignoring abuses in the palm oil sector for years.
- Milieudefensie
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20 January 2020
The document says that only individuals who are citizens of Ukraine, legal entities established by citizens of Ukraine, the state, and local communities can be players on the farmland market.