Il est désormais clair qu’African Agriculture ne tiendra pas ses promesses de « développement » de la région. Sur son lit de mort, l’entreprise doit restituer ses terres aux communautés du Sénégal, du Niger et de Mauritanie.
- Oakland Institute
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09 October 2024
The downfall of US-based firm African Agriculture is being closely watched by Senegalese communities who have struggled for years for the return of their lands.
- Oakland Institute
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09 October 2024
Profiteering companies are lining up to buy water rights in the western US as the water supply dwindles.
- Truthout
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22 September 2024
Communities in Côte d'Ivoire are demanding compensation for the damage caused by the activities of the Belgian company SIAT, which specialises in the production of rubber and palm oil.
- FIAN Belgium et al.
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09 September 2024
For more than a century, corporations have controlled the Hawaiian island’s water. That could be changing.
- Mother Jones
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06 September 2024
The United Arab Emirates-based Blue Forest plans to start planting 200 million mangrove trees in Mozambique in a concession twice the size of Singapore in November.
- Bloomberg
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05 September 2024
Amr Abdel Wahab, chairperson and managing director of the Egyptian Countryside Development Company, signed an investment contract with Al Magd Group for a 29,000-feddan area for the large-scale cultivation of oil seed crops
- Daily News Egypt
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02 September 2024
The CSSF has put an end to a year-long dispute between small shareholders and Socfin's main shareholders, the Fabri family and French billionaire Vincent Bolloré: the 689,337 shares they not control between them will be bought back at €32.50 per share. This will take Socfin off the stock market at a time when it is the target of fierce criticism from a major Norwegian pension fund. It was also the end of an era for the Luxembourg Stock Exchange.
New York-based hedge fund Water Asset Management LLC spent $100 million to buy farmland and water rights in Western Arizona, stirring concerns about a future “water grab” from that rural area and of corporate control over a major groundwater source.
- Arizona Daily Star
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26 August 2024
Swedish pension fund Forsta AP-fonden is downsizing its Australian farmland holdings after listing about $50 million of cropping properties in Western Australia’s Great Southern region.
An investment arm of the largest private company in the U.S. — Koch, Inc — is investing in an agricultural business venture that will generate carbon credits while pulling local natural resources from almost 2.9 million hectares of land in West Africa.
“Salic, which is charged by royal decree to make strategic investments at home and abroad to ensure food security in Saudi Arabia, is a good fit for several of our State institutions, as well as for our private sector, in the area of agriculture, livestock and agribusiness," says Zimbabwe’s Ambassador to Saudi Arabia
- The Herald
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20 August 2024
A state-owned palm oil company and an industry association have begun early work to push a vast new plantation strategy in Sulawesi, one of Indonesia’s largest islands. The proposal includes aspirations for production of a form of environmentally friendly fertilizer hope that it will enable producers to apply for climate finance incentives, despite the deforestation implied in the plan.
Two prominent union leaders who were not present when the Salala Rubber Corporation buildings were set on fire have been jailed as retaliation for their efforts to negotiate a collective bargaining agreement for the plantation’s contract workers.
Several farmers in Phalaborwa, Limpopo, have lost land or grazing rights to a huge commercial citrus farming project
For years, the French Bolloré Group has been accused of failing to fulfil its duty of care regarding human rights abuses in connection with rubber and palm oil plantations in Africa and Asia. Given the company's unwillingness to engage in dialogue on this issue, SVVK has decided to recommend the company's exclusion.
The host communities of oil palm companies in Edo State are alleging injustice, violations of rights and devastation of their environment by the companies.
Allegations of illegal activity and land-grabbing against Indonesia’s second-largest palm oil company continue to mount as a new report reveals the firm’s violations appear to be more extensive than initially documented.
The company says, once again, that it will expand its current 300 hectares under cultivation to 20,000 hectares
Earthworm investigators told Mongabay they were shocked by some of their findings of sexual harassment and gender-based violence on Socfin's plantations. "If they don’t make progress on these issues, we would stop working with them, as that’s our mission as a foundation.”
The alleged plan for the sale of the Salala Rubber Corporation (SRC) by its parent company Socfin, has raised concerns among civil society organizations and communities affected by the operations of the company amid the ongoing lawsuit for forcefully taking local community land to extend their rubber plantations.
- Women's TV Liberia
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10 June 2024
This week's episode of Reveal looks at how Arizona pension managers fueled a crisis by investing in an agribusiness deal that depleted local water supplies.
- Mother Jones
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08 June 2024
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.
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.
“Probably the biggest growth is in working with large institutional investors at large pension funds and insurance companies, and also some quite large family offices,” which manages over 300,000 ha of farmland and timberland in the US, Europe and Australia.
During a visit to the 630,000 ha Mostaqbal Misr project, Egypt's President says he will be opening the door wide for the private sector to tap land-reclamation projects on a grand scale by offering a lot of incentives, like roads and water for agricultural purposes.
Tree planting in Africa is said to help save the climate and fight poverty, but silently, it is resulting in hunger and poverty. Farmers in Uganda have had enough. They're cutting down climate trees - and turning them into coal.
An investigation into a large-scale tree plantation project by Swiss Church Aid HEKS/EPER and four Sierra Leone NGOs reveals that numerous farming families who own the land have apparently not agreed to the project in the manner prescribed by law.
Residents of Pader Sub-county are protesting the allocation of 2,611 acres to Panacea Agribusiness Ltd, saying that more than 3,000 farmers in the area will have nowhere to grow their crops.
Nigeria's Edo State Government has signed an agreement with two major fossil fuel companies providing them with 6,000 hectares of land from the state's protected forest reserves for large-scale tree planting to produce carbon credits