Kenyan aquaculture company Victory Farms, East Africa’s largest commercial fish farmer, has raised $5 million in private equity funding to expand operations into Rwanda, Tanzania and the DRC.
- Farmers Review Africa
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29 May 2022
A satellite image shows that 300 hectares of forest have been cleared by two oil palm companies in Sorong Regency, Papua. The two companies are owned by the CEO of First Resources.
- Yayasan Pusaka
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21 May 2022
A net-zero land rush is sweeping the country, and both locals and wealthy “green lairds” are trying to buy in
In April 2022, Socfin’s Swiss subsidiary Socfinco FR announced it will stop providing managerial assistance to the state-owned Guinean rubber and oil palm company Soguipah by the end of 2022. A commentary.
- ReAct Transnational
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18 May 2022
Film by Reunion of Episcopal Conferences in West Africa shows how land grabbing and extractivism are depriving communities of their livelihood and making the fight for social justice increasingly urgent.
The Indonesia government's Food Estates programme could could lead to corruption, where corporate and state actors and their family and friends – not West Papuans – benefit from the allocation of land for Food Estates.
- TAPOL/awasMIFEE!
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29 April 2022
African Agriculture Inc’s vision, according to Gora Seck, President of the Board, LFT Senegal, is to create 5,000 jobs, sow over 20,000 hectares and develop exports of alfalfa to other countries.
US-based African Agriculture Inc., which wholly owns the 20,000 ha Les Fermes de la Teranga in northern Senegal, is going to do an IPO to raise funds for its first 10,000 ha planting.
The complaint to the OECD lodged by Friends of the Earth was supposed to deal with adverse impacts of three of the bank’s palm oil clients, ranging from human rights and labour rights violations to deforestation
- Milieudefensie
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08 April 2022
SOCFIN's subsidiary Okomu Oil Plc has announced changes to the board of directors following the resignation of Dr. Luc Boedt and Mr. Philippe De Traux De Wardin.
- Naira Metrics
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25 Mar 2022
Many oil palm plantations’ concessions in West and Central Africa were built on lands stolen from communities during colonial occupations. This is the case in the DRC, where food company Unilever began its palm oil empire. Today, these plantations are still sites of ongoing poverty and violence.
Did Indonesia just save a forest the size of Belgium? Or open the floodgates for its destruction? One giant, controversial palm plantation development, whose permits were among those cancelled, will be a crucial test.
Researchers say that cross-border campaigning and resistance by community land rights organizations is a major reason why the industry has faltered in Africa.
Managing Director of Okomu Oil Palm Company, Edo State, Dr. Graham Hefer, lamented gunmen’s attacks on the company’s plantation and challenged host communities to volunteer information.
Australia’s richest person believes foreign ownership of Australian farmland should be capped at a maximum of 49 per cent to protect against breakdowns in international relations.
- West Australian
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09 Mar 2022
TLG manages 20,000 hectares of farmland in Uruguay producing beef, soybeans, rice, and timber on behalf of European pension funds, insurance companies and family offices.
US-based Washington State Investment Board has committed another $A350 million to Queensland-based farm investor Laguna Bay Pastoral Company.
- Queensland Country Life
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02 Mar 2022
The handful of companies that control industrial palm oil production in West and Central Africa have been linked to numerous social and environmental impacts, violating their buyers’ NDPE commitments.
Thirty CSOs call on the governments responsible for overseeing the development banks to take action to redress the harms caused to the communities from their investment oil palm plantation company PHC/Feronia.
- Collective statement
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28 February 2022
The oil palm plantation company has been embroiled in disputes over land ownership and its use of military forces for the protection of its plantations and environs.
- Premium Times
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19 February 2022
In the lead up to the sixth European Union – African Union Summit, small, rural farmers from umbrella organisations in Africa and Europe are calling for coherent policies that protect small-scale African and European agriculture.
- Euractiv
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17 February 2022
Should Kenyans allow people to run Mumias Sugar who are accused of mass eviction by their sugarcane plantation companies in neighbouring Uganda?
- Soko Directory
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14 February 2022
Camvert SA, an agricultural production company controlled by Cameroonian business mogul Aboubakar al Fatih, recently signed an investment agreement with the API, Cameroon’s agency in charge of the promotion of private investments.
- Business in Cameroon
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09 February 2022
Arla Foods, one of the largest dairy cooperatives in Europe, has inked a joint-venture partnership with consumer goods company, Tolaram Group, for establishment of a 200 hectare dairy farm in Kaduna State.
- Food Business Africa
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08 February 2022
On January 5, 2022 the Government of Indonesia revoked over 2000 permits of mining and plantation companies, which included 26 oil palm plantation companies in Papua Province and 22 companies in West Papua Province. But reports showed that several companies including Indofood Group plantation are still operating without Land Use Rights.
- Yayasan Pusaka
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28 January 2022
CNBC Africa reports on the US-based company African Agriculture Inc and its relationship with Les Fermes de la Teranga, which took over the lands previously leased to Senhuile, in northern Senegal
- CNBC Africa
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26 January 2022
A company owned by the Canadian Public Sector Pension Investment Board has maintained a single-minded focus on controlling East Maui water since it bought 41,000 acres of ag land in November 2018.
- Politics on Maui
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20 January 2022
With farms, ranches and rural communities facing unprecedented threats, a worrying trend leads to a critical question: Who owns the water?
- The Counter
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04 January 2022
The PHC oil palm plantations provide 100 years of lessons about the failures of agricultural, financial and governance systems in a globalized world.
- InfoCongo
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23 December 2021
AgriPalm Ltd, a subsidiary of Flour Mills Nigeria Plc, has unfolded its plan to cultivate the remaining 3000 hectares of land with palm oil trees, to bring the total cultivated land to 4,500 hectares.
- Guardian
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17 December 2021