Joining the neo-colonial bandwagon, Indian companies are taking over agricultural land in African nations and exporting produced food at the cost of locals
- Goimonitor.com
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21 December 2011
"We’re dealing with a different enemy now: not with an enemy that emerges from the center to the periphery, as they used to say, but with an enemy that comes at us from all sides."
Karuturi Global is now one of the biggest private land owners in the world. They have invested over a quarter of a billion dollars in Ethiopia and Kenya alone. BBC reports.
"We are using knowledge and resources from Latin America and North America, capital from this part of the world (India) and land from Africa to make hopefully a heady cocktail,"says Sai Ramakrishna Karuturi
Iowa State University has landed in some hot water regarding its involvement with an international land development project in Tanzania.
- Iowa State Daily
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06 December 2011
The 19th century had the Great Scramble for Africa, when developed nations raced for several decades to lay claim to new territories and their riches. This century may yet be known as the Great Selloff of Africa.
- Toronto Star
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03 December 2011
President Yangouvonda who is now visiting Qatar said that there are a number of investment fields in his country such as agricultural, cattle breeding, tourism and mineral resources.
Tanzanian peasaants complain that the government has been allocating huge tracts of land to certain investors in the district, while refusing to allocate the same pieces of land to local groups that had applied for them.
- The Citizen
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03 November 2011
Global food price volatility will be the focus of World Food Day celebrations in Rome on Monday which will also address the issue of massive farmland purchases by rich countries in the developing world
Husband and wife team founded Emergent Asset Management, which has led controversial farmland acquisitions in southern Africa.
The French Development Agency and the UK-based Emergent Asset Management have been named as the leading investors in massive land deals involving African leaders
Il Corno d’Africa è afflitto dalla più grave tragedia umanitaria che la sua storia ricordi. Siccità e fame, 12 milioni di persone senza cibo né acqua. Ma il “neocolonialismo agricolo” procede indisturbato.
- Il Fatto Alimentare
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08 September 2011
As Indian businessmen bet on cash crops, it’s unclear whether food security issues are being tackled
- Livemint
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06 September 2011
The debate on large scale land acquisition in Tanzania is far from over as there is a changing dynamic now as local investors team up in joint venture with foreign investors and we are made to believe that since we have one of our own in the investment venture our interests are taken care of.
- Udadisi
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06 September 2011
The combined force of the US based Oakland Institute's research and advocacy on African land deals and local, democratic activism in South Sudan has effectively stalled plans for the largest land deal in the area.
- Oakland Institute
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22 August 2011
The government of Pakistan has offered 6mn acres of its agricultural land to resourceful countries and multinational companies (MNCs) for corporate farming, corporate sources have said.
Fact sheet on FLGI, filed with US government. Points out that Guinea's Ministry of Agriculture has granted the firm exclusive marketing rights, with a commission of 15% payable on closed sales, to the 1.5 million ha of farmland FLGI agreed to survey.
The government has not presented satisfactory and truthful explanations about its actions, let alone credible defense of its role as agency and facilitator of the abominable practices of farmland grabbing.
- tramnsformingethiopia
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11 August 2011
AgriSol Energy LLC, and its joint venture partner in Tanzania will invest more than $100 million over the next 10 years to develop a large-scale commercial farming project.
While Serengeti Advisers and their partners as well as the Tanzanian government thought theirs was a move to attract Foreign Direct Investment in commercial farming, to critics the deal is another land grabbing done by the pimps of globalization.
Land grabbing in Pakistan has faced stiff resistance in different forms by the members of civil society organizations including farmers’ organizations, Tanveer Arif says.
- Pakistan Times
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05 July 2011
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.
Letter asks Indias to join with Ethiopians and other Africans in confronting the hundreds of Indian companies who are now at the forefront of colluding with African dictators in robbing the people of their land, resources, lives and future
Iowa agribusiness investor Bruce Rastetter is leading a project to turn as much as 800,000 acres [324,000 hectares] of land in the east African country of Tanzania into a massive grain-and-livestock operation.
- Des Moines Register
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14 June 2011
The mad scramble for Africa. Critics say the financial firms that helped cause the global recession by inflating the real estate bubble -- are back. And this time they're being accused of pulling the same tricks with the world's food supply.
The first Zambian company to float on Aim is planning to join the market in a listing which will help it raise £34million to buy 123,550 acres of prime farming land in Zambia.
A new report published this week claims farmers in Africa are being driven off their traditional lands to make way for vast new industrial farming projects backed by European hedge funds seeking profits and foreign countries looking for cheap food.
Nitol-Niloy Group and Bhati Bangla Agrotec of Bangladesh aim to invest an initial US$18 million to lease around 40,000 hectares of African land by the end of this year to grow foodstuff, most of which they will be obliged to sell in Bangladesh.
Foreign investment in land opens a new chapter in the colonization of Africa, said today (Tuesday) in London one of the leaders of the think-tank Coalition for Dialogue on Africa (CoDA).
- Angola Press
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08 June 2011
Hedge funds are behind "land grabs" in Africa to boost their profits in the food and biofuel sectors, a US think-tank says