PHI Group, Inc, a company investing globally in agriculture and farmland, signs an agreement to set up a bank fund in Luxembourg to provide financing for the Company’s and its clients’ projects.
- PHI Group
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05 December 2017
The Ethiopian Horticulture and Agricultural Investment Authority says it is negotiating with Karuturi Global over a request to continue operations in Ethiopia, after long disagreement with the company about its 100,000 hectare farm project in Gambela Region.
A group of Israeli investors plans to invest in Cambodia’s dairy industry. The group has chosen Takeo province to raise a herd of 500 cattle over 300 hectares of land as the first phase of their plans in Cambodia.
- Khmer Times
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27 November 2017
Some commercial farmers in Zambia's have acquired thousands of hectares while ignoring laws meant to prevent forced evictions, writes Juliana Nnoko-Mewanu from Human Rights Watch
Protesters in the Oromia Regional State burned down about 70ha of a corn farm that belongs to ELFORA Agro-Industries Plc- a company owned by Sheikh Al Amoudi, who is currently under arrest in Saudi Arabia.
- Addis Fortune
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15 November 2017
One of Western Australia's most recognised household dairy names — the 130-year-old Brownes Dairy — has been sold to a Chinese firm.
The official visit of Chinese President Xi Jinping to Laos will boost the business ties between the two nations. Agriculture is one of the main sectors targeted by Chinese investors in the neighboring country. Xi will visit the country from Monday to Tuesday.
Brazilian president Michel Temer has now twice survived votes to initiate impeachment against him. Temer did so by selling out the environment, allowing agribusiness to rent indigenous lands.
- Mongabay
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06 November 2017
The Brazil Agrobusiness Group, a company focused exclusively on rice cultivation at Kpenu, near Dabala in the South Tongu District is to double production by 2020.
Dozens of rural families have been left with no shelter or source of livelihoods following mass acquisition of land by commercial farmers.
U.S. institutional tax-exempt investments for farmland was up 11.1% last year, with Nuveen, PGIM and Hancock AIG leading P&I's list of farmland managers
Food security has become an essential goal for a country facing a land, sea and air boycott imposed in June by Saudi Arabia, the United Arab Emirates, Egypt and Bahrain
On 9 October the Platform's Global Donor Working Group on Land organised a side event at the Committee on World Food Security in Rome to draw attention to this still little understood phenomenon.
- Donor Platform
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13 October 2017
The story of money, power and politics behind the devastation of a forest-rich district in Indonesian Borneo.
- The Gecko Project
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11 October 2017
The investigative series Indonesia for Sale, shines new light on the corruption behind Indonesia’s deforestation and land rights crisis. The stories expose the role of collusion between palm oil firms and politicians.
A sugar company involved in a land dispute in Kampong Speu province rebuffed suggestions that it is in part responsible for the temporary shuttering of land rights NGO Equitable Cambodia.
- Phnom Penh Post
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02 October 2017
Nasako Besingi has been jailed after opposing a US-funded palm-oil plantation and supporters say this is linked to Cameroon’s ‘anglophone crisis’
The amount of Australian farm land owned by Chinese interests has surged tenfold in the past year, climbing above 14 million hectares or 2.5 per cent of all agricultural land.
- Brisbane Times
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30 September 2017
Swedish investor EcoDevelopment registered a claim at the International Centre for Settlement of Investment Disputes against the Tanzanian government on September 11, 2017 for revoking a land title amid concerns over the impact on local communities and a wildlife sanctuary.
Experience in Mozambique with agribusiness investments shows Investors need to better educate themselves about the local context in which their funds are deployed.
Hong Kong based investors who recently took a 51 percent stake in northern NSW export beef processor, Bindaree Beef have plans to further develop their Western Australian grazing property investments, purchased in April last year.
- Beef Central
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20 September 2017
Under fire from watchdogs and consumers of its smartphones, Samsung said it would not pursue a joint venture with Korindo amid an NGO campaign highlighting Korindo’s rainforest destruction for palm oil in Indonesia’s Tanah Papua region.
- Mongabay
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14 September 2017
Since the 1990s, military juntas have been taking away the land of smallholders across the country, without any compensation and regardless of ethnicity or religious status.
The group, backed by European development banks, revealed it had sold 90% of its Zampalm operation to the Industrial Development Corporation of Zambia, a state-backed fund, for $16m
- Agrimoney
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06 September 2017
As of 2017, the UAE has invested $30 million in Armenia, with the investments made in agriculture used to plant fruit orchards
- ARKA News
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06 September 2017
In a press conference, UN expert Baskut Tuncak spoke of “numerous claims of land appropriation by Socfin”, a Luxembourg company that produces palm oil in Sierra Leone and is part owned by the French group Bolloré.
- Africa News
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31 August 2017
The government said it wants to protect local farmers and prevent foreigners from taking over natural resources.
About 100 community members locked in a long-running land dispute with the owners of Koh Kong Sugar Industry Company clashed with Chamkarmon district security forces after blocking the street in front of the Land Management Ministry
- Phnom Penh Post
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23 August 2017
Nigeria’s biggest private sector company, the Dangote Group, has decided to turn its attention to agribusiness. Dangote will pay the state government N1.2bn ($3.7m) for 16,000 hectares of land and give it an equity stake in the company.
- African Business Magazine
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18 August 2017
Brazil’s Supreme Court made two key decisions that strongly favored the country’s indigenous communities last Wednesday, against the claims of Mato Grosso state.