The Indian construction company has decided to cultivate pongamia pinnata and edible oil seeds there
Participants of the ‘Jang Economic Session’ have opposed the policy to transfer land either on lease or on permanent basis to foreigners on the pretext of corporate farming.
The International Food Policy Research Institute said 15 million to 20 million hectares of farmland in poor nations were sold since 2006, or were under negotiation for sale to foreign entities.
Due to the lack of arable land in its home market, Savola must look abroad for agricultural land and has named Sudan, Egypt, Ethiopia and Ukraine as target countries where it plans to buy the land necessary to grow seeds such as sunflower and corn seeds.
- PR-inside
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18 November 2008
Some experts believe that the emphasis should be on overseas agricultural investments as well as a boost in trade relationships, due to the unavoidable handicaps to domestic agriculture.
- The National
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19 October 2008
The fund will invest 70 percent of its money in agricultural companies that make fertilizers, forest products or biofuels. Commodities such as corn and soybeans will account for 15 percent, with the remainder in farmland.
- Bloomberg
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14 September 2008
Private equity firms — notorious for buying up private companies, often with the goal of selling them quickly — have lately accelerated their investments in California wineries, targeting famous Napa Valley estates.
Groups petition the World Bank, US and Netherlands to support an independent investigation into human rights abuses committed against dozens of vulnerable people in Kiryandongo District, western Uganda, by agribusiness company, Agilis Partners.
Iowa farmers are bidding not only against neighbors, but out-of-state investors including professional athletes, well-known billionaires and the Mormon Church.
Palm oil from Brazil's Agropalma is certified as organic, fair and sustainable, and the oil is sold to food giants like Ferrero, Kellogg’s and Nestlé. But much of the plantation land of this purported model company was likely grabbed illegally.
- Rainforest Rescue
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30 Mar 2023
Communities say a SOCFIN subsidiary used a $10M loan from the World Bank's IFC to turn the forests where they’d farmed and held sacred rituals into a massive rubber plantation.
An area nearly the size of Belgium will be cleared in Indonesia’s Papua province to grow food crops under a government program. A new analysis shows that this conversion alone could result in the release of 616 million metric tons of greenhouse gases — a third of what Indonesia as a whole currently emits in a year.
Stanbic Bank, in Kenya, is now free to auction assets of Karuturi Ltd over a debt of USD 16.6 million after the Supreme Court dismissed an appeal by its shareholders and guarantors.
- Business Daily
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19 July 2021
US Supreme Court rules that the World Bank's IFC can be sued. This may create new legal liability for development finance institutions whose funding harms local communities.
Portrait of a Brazilian businessman accused of violent land grabbing whose clients include Cargill, Bunge and the Teachers Insurance and Annuity Association of America (TIAA).
- Brasil Reporter
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02 September 2018
The expansion of oil palm plantations in Indonesia has turned women into landless food buyers and cheap labour, with no adequate safety and health protection, for the plantation companies.
Oil palm plantations have sprung up at breakneck speed across Indonesia’s ravaged hinterlands, eating away at the forests and propelling this country of 250 million to become the world’s sixth-largest emitter of greenhouse gases.
- Mongabay
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07 December 2015
The approach taken by Ethiopia and India to reaching development goals and fulfilling environmental promises by leasing or buying large tracts of fertile land affects land, water and indigenous people.
- Digital Journal
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03 Mar 2015
Indonesia’s attractiveness for being the preferred destination of Malaysian oil palm planters has been shaken by reports of the country’s plan for a plantation bill that will limit foreign ownership to 30% from the present 95%.
- The Star
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27 September 2014
Canadian billionaire Ned Goodman holds an 83% stake in Blue Goose Capital Corp. – the largest organic beef operator in North America that produces not only organic beef, but poultry and fish as well.
Reading between the lines, the Durban BRICS resolutions will support favoured corporations' extraction and land-grab strategies and confirm the financing of both African land-grabbing and the extension of neo-colonial infrastructure through a new 'BRICS Bank'
Bagamoyo villagers are up in arms over the government supporting an investor they accuse of grabbing about 6,000 hectares of their land in the district.
Since Jane Mendillo took over the endowment in July 2008, Harvard’s holdings of forests, farms and other natural resources in Brazil as well as in New Zealand and Romania have grown to about 10 percent of the portfolio -- more than $3 billion -- and she wants to add more.
- Bloomberg
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18 September 2012
If there is an issue that is the pulse of popular discontent in Tanzania presently, then, it is land.
- Tanzania Daily News
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09 August 2012
Not everyone is thrilled about the new breed of investors making a pure financial play on farmland in the US
- Star Tribune
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26 June 2012
The following report, by independent researcher Anna Bolin, explores the global trends and influences at work behind agriculture mega-projects like MIFEE in Papua.
- Down to Earth
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30 November 2011
The idea of combining the greed of investors with the fight against hunger as a mutually beneficial business venture has failed miserably
- Der Spiegel
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01 September 2011
Investors are pouring into farmland in the US and parts of Europe, Latin America and Africa as global food prices soar.
Kilombero Plantations Limited chief executive officer Carter Coleman talks about his company's large-scale farming operations in Tanzania, including the removal of the "Project Affected Persons" previously farming the lands.
If the host state and foreign investors act in conformity with these suggestions, they will maximise the prospects that any large-scale land transaction benefits all stakeholders and minimise the chances of concluding harmful deals.