Sayaka Funada-Classen reports that the Japanese and Mozambican governments have announced the termination of ProSAVANA, a huge victory for Mozambican peasant movements and tri-national peoples solidarity
- Mokai and JVC
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24 July 2020
Elite Agro has signed a two-year Memorandum of Understanding with Khalifa Fund for Enterprise Development to manage and operate a number of farms in the UAE
- Fruitnet.com
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22 July 2020
As the world concentrates on dealing with COVID-19 pandemic, multinational companies continue to evict communities from their land, tearing down their lives and their sovereignty to plant monocrops like oil palm and sugar cane in Africa, or GMO soy in South America.
A decade ago, the Indonesian government began to heavily promote large-scale plantation in southern Papua. An investigation recently published explored how some outside investors gained rights to the land and the fallout for the indigenous population. Children were suffering from malnutrition while agricultural commodities are exported from their ancestral land.
- The Gecko Project
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14 July 2020
As institutional investors continue to seek “pockets of calm” amid the turmoil, farmland’s resilience during the global financial crisis and the pandemic’s immediate aftermath is likely to be top of mind.
Mining billionaire Andrew Forrest says conservation and heritage considerations must be balanced against the need for farming, after outbiding the Yi-Martuwarra people for a vast land holding on their territories.
We naively believed that collaboration with farmland investor NCH Capital would be our opportunity for honest business in Ukraine. The complete opposite turned out to be true.
- Baltic Course
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09 July 2020
TIAA is set to confirm a $21 million compensation package for its CEO and a Board of Trustees that has been unresponsive regarding the use of retirement money to grab farmland, destroy forests and violate human rights.
Over the past 10 years, the World Bank’s private investment arm has sunk more than $1.8 billion into major livestock and factory farming companies across the world.
Communities in Cross River State have kicked against the exclusion of women in community land rights and the continuous marginalisation by multinational companies.
Activists have called for a financial probe into the Korindo Group, a conglomerate that paid a $22 million “consultancy fee” for the permits to expand its oil palm operations in Indonesia’s Papua province.
Civil Society Organzation from various regions in Indonesia and International letter contains urgent concern for the safety of land and human rights defenders impacted by the Korindo Group and POSCO International, Indonesia.
The massive Socfin oil palm plantation operation is one of post-war Sierra Leone’s biggest investments and one of its most controversial.
Nationalists want land issues to be handled independently by Sri Lanka because of fears that the MCC will be used to grab land for foreign investments, as has happened in Africa.
- Daily Express
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30 June 2020
Socfin, a Belgian holding company that operates palm oil and rubber plantations through dozens of subsidiaries across Africa and Southeast Asia, has been rebuked for alleged human rights violations at its plantations.
Mbonjo sits in the heart of Cameroon’s country’s largest oil palm and rubber-producing region and owned by the Belgian holding company Socfin.
A Korean conglomerate paid $22 million to an “expert” to help it get land in Papua for oil palm plantations, at the heart of the largest rainforest left in Asia.
- Gecko Project
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25 June 2020
Farmers to receive preferential terms for farmland acquisition after the land market is introduced and local governments will be granted authority to manage the lands of local communities outside the settlements.
Study finds that, compared with similar areas that have not seen private investment, areas with large-scale land acquisitions had higher forest loss in 52% of cases.
- Carbon Brief
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23 June 2020
London-based Stafford Capital Partners has raised €12m from three European pension funds towards its soon-to-be-launched follow-up to its Australian farmland fund.
- IPE Real Assets
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22 June 2020
Agricultural commodities trader Louis Dreyfus Company has launched a venture capital programme to invest in food and farming firm
Beston Global Food Company has sold its four dairy farms in South Australia to PSP Investment and Warakirri Asset Management-backed Aurora Dairies in a US$27.8 million cash deal
On 20 May 2020 villagers from Ijaw-Gbene in Okomu Kingdom had their homes burnt down by agents of the Nigerian subsidiary of the Luxembourg-based SOCFIN plantations company.
- Galaxy Television
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16 June 2020
Investments include FMS Farms' $10 million starch processing plant and farm in Ikole council area, where it has already commenced farming activities
The development project will be carried out in conjunction with the State-Owned Enterprise Ministry through an investment scheme.
- Jakarta Post
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11 June 2020
Croatia could experience severe and aggressive land-grabbing attempts by foreign entities at the current stage, particularly when it comes to fertile farmland in the east of the country.
Indonesia sits at the heart of the global palm oil trade. In 2002, one company PT Erasakti Wira Forestama (EWF) offered villagers in Batanghari, Jambi province a one-time payment for their land. Peatlands were converted to plantations — and the repercussions of the decision are still felt today.
Some villager
The communities have already introduced traditional and artisanal palm oil harvesting and production systems for the abandoned areas.
&Green Fund, with backing from the Norwegian government and Unilever, makes its first investment in a Brazilian farming company that grows soybeans and grains and raises cattle on 50,000 hectares in Mato Grosso.
In connection with the acquisition, the Danish company expands the Group’s arable land bank in Poland through a 20-year lease agreement for 530 hectares of land nearby.
- Global Newswire
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04 June 2020