A Naivasha company has sued the cash-strapped flower firm Twiga Roses, formerly Karuturi Limited, seeking to eject it from its land over unpaid land rent and illegal acquisition.
At the initiative of the opposition Bulgarian Socialist Party, all groups in the National Assembly except one have agreed to the withdrawal of legislative amendments intended at opening up the sale of agricultural land to foreigners.
Bulgaria’s government has drafted legislative amendments to exempt European Union citizens from restrictions on buying agricultural land, as the country could face huge financial sanctions from the EU if it does not.
Latin America is the most dangerous region in the world for activists fighting for their land or trying to safeguard the environment, according to a Global Witness report, which also provides insight into why these defenders are at such high risk.
- InSight Crime
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14 July 2017
“In these supposedly win-win contracts, I would like to know what our communities are gaining. On the contrary, we are losing and even dying a slow death.”
A Chinese firm that plans to invest $2 billion into developing Cambodia’s first special economic zone (SEZ) dedicated solely to agricultural processing and storage has signed on a new partner to jumpstart the stalled project.
- Phnom Penh Post
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04 July 2017
The value of the foreign-owned U.S. farmland soared from $17.4 billionto $42.7 billion, according to U.S. Department of Agriculture data. Most of today’s foreign investment in agricultural land began to increase in 2005
- Demoines Register
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03 July 2017
IFC financial intermediary investments linked to land grabs and displacement in Africa. CSOs critique proposed changes to IFC lending policies
- Brettonwood project
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03 July 2017
Over the past decade, foreign companies have been investing in agricultural land in the U.S. at a record pace, according to a Midwest Center for Investigative Reporting analysis of USDA data.
- Successful Farming
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28 June 2017
The flood of investment over the last several years means that agricultural land itself is being treated more and more like a profitable financial asset, instead of a productive natural resource.
As the farmland REIT sector grows, Sustainable Economies Law Center is busy researching and piloting alternative models of farmland ownership that prioritize racial equity, ecological sustainability, and long-term stewardship.
In the midst of a sharp rise in violent repression against rural communities, Brazil's government plans to lift current limits on foreign ownership of agricultural land, an initiative that has even been criticized by the country's armed forces
Iran's South Khorasan Province aims to get hold of 10,000 ha of farmland in Kazakhstan for its own food production. Ukraine is also being targeted.
- Financial Tribune
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13 June 2017
US company focused on mergers and acquisitions and investments in natural resources announces definitive agreement to acquire 51% of Maxagro SRL, a Romanian farming company in Timis County, Romania
- GlobeNewswire
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31 May 2017
Legendary waterfront warrior Chris Corrigan could soon have one of the world’s top investors — Canada’s Public Sector Pension Investment Board — as the main shareholder in his Australian listed agricultural company, Webster Limited.
A recent visit to the district of Salima uncovered how a senior chief displaced poor families when she made shabby land deals with the Dutch company Malawi Mangoes Limited, which is backed by the World Bank and the FMO of the Netherlands.
The secrecy behind much-touted China Pakistan Economic Corridor (CPEC) now lies in tatters with details of how China is plotting the economic takeover of Pakistan published early this week. Major thrust areas of this plan will hugely affect Pakistani agriculture sector.
The Danish Agribusiness Fund and JB Equity will allow Coexca SA to double its current pork production capacity and establish a new and modern pig farm in the Maule Region of Chile
Thousands of acres of agricultural land will be leased out to Chinese enterprises to set up demonstration projects in areas ranging from seed varieties to irrigation technology.
"We're in the beginning stages of what could be a significant shift in land ownership," said Madeleine Fairbairn, who is investigatiing the impacts on farmers of institutional investment in U.S. farmland.
How do major oil palm companies manage to get their palm oil sold as a “green”, “sustainable” and “climate-friendly” product when it is none of that?
Russia's five largest landowners together control an area the size of Belgium - which has been bad news for many small farmers
In Europe we tend to relegate the idea of land grabbing to the global South, yet it is happening much closer to home than we perhaps realize.
One of Canada’s biggest pension funds has teamed up with management of Australia’s largest pecan grower and processor, Stahmann Farms Enterprises.
Expansion has been backed by borrowings which the group pegged at $437.8m as of the end of March, largely from Rutledge Investment Co and from MetLife Agricultural Investments.
With business self-regulation and corporate social responsibility schemes proving to be insufficient for addressing land grabbing-related human rights issues, the EU and its Member States must implement a set of policy regulations.
China’s investment in Australian agribusiness has tripled in just a year as China strives to meet rising demand for high-quality food among its growing middle class. Major agribusiness deals included acquisition of the S Kidman & Co cattle empire and acquisition of Tasmanian dairy giant Van Dieman’s Land.
- The West Australian
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01 May 2017
Unjust Enrichment: How the IFC Profits from Land Grabbing in Africa, new report by Inclusive Development International, Bank Information Center, Accountability Counsel, Urgewald and the Oakland Institute.
Canada Pension Plan Investment Board has decided against making further investments in farmland and is open to selling its existing portfolio, a shift in strategy after some local farmers voiced concerns.
A coalition of environmental, human rights and family farm organizations delivered a letter with over 100,000 signatures to pension fund management company TIAA, expressing concerns over the company’s investments in farmland and palm oil.