CEFF II raised $1 billion from a group of institutional investors, mostly pension funds, to invest in high-tech greenhouses, indoor, vertical farms, and other sectors that need controlled environment agriculture facilities.
After acquiring majority ownership in the PHC plantations from European development banks in 2020, former partners have turned on each other with legal action underway across four jurisdictions for control of the company, valued at US$100 million.
- Oakland Institute
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22 June 2021
The stolen land belonged to families that are part of the 35000 people being forcefully displaced by three multinational companies including Great Seasons SMC Limited, Agilis Partners Limited, and Kiryandongo Sugar Limited.
- Witness Radio
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17 June 2021
New information indicates that Feronia's $15 million rice operations were taken over by a politically connected Belgian-Congolese businessman when they mysteriously vanished from the company's books in 2017.
CDC's commitment to company that operates on large swaths of farmland in Africa marks one of its largest corporate debt investments ever.
An open letter to the Brazilian National Congress, led by supermarket chains including Tesco and Sainsbury's, urges them to reject a proposed "land grabbers law" to allow the private occupation of public land.
La mère de Efolafola Nisoni Manu, agé de 20 ans, parle de sa meurtre en février dernier aux mains des policiers et des agents de sécurité de la société de plantations de palmier à huile PHC/KKM.
- RIAO-RDC et GRAIN
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30 April 2021
Monsieur Manu Efolafola a été jeté dans le fleuve Congo sous menotte par les policiers et gardes industrielles de la société de plantations d'huile de palme PHC FERONIA/KKM en RD Congo.
A Kuramo Capital fund filed suit in Delaware seeking to oust the manager of its investments in DR Congo palm oil plant over his alleged scheme to loot the business.
Some famers from Mbeya Region have lost an appeal case over compensation and damages against a large rice farming company owned by Export Trading Group, which was accused of maliciously damaging their rice.
Le président de la société civile Basoko (rive Lokutu) dénonce les récentes arrestations et violences policières suite aux protestations pacifiques contre la société de plantation de palmiers à huile PHC.
- RIAO-RDC
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16 February 2021
President of the Civil Society of Basoko (Lokutu side) denounces the recent arrests and police violence following peaceful protests against the oil palm plantation company PHC.
- RIAO-RDC
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15 February 2021