The new Luxembourg-registered Sustainable Resources Fund boasts anticipated potential returns of at least 15% per annum on forestry, agriculture, biomass and land.
Sierra Leone authorities have arrested 39 protesters in the south of the West African nation, following tensions between the local population and a unit of Socfin, owned by France's Bolloré Group
Socfin Agricultural Company is embroiled in serious land lease agreement tussle that has the tendency to ignite conflict between foreign investors and locals.
Les autorités de la Sierra Leone ont arrêté 39 manifestants dans le sud de cette nation ouest-africaine, à la suite de tensions entre la population locale et une unité de Socfin, l’investisseur international en agrobusiness.
Thirty peaceful protesters were arrested in Sahn Malen, Sierra Leone for blocking access to oil palm plantations owned by Socfin, which they accuse of grabbing their lands.
La police a arrêté des manifestants opposés à l’accord foncier de Socfin en Sierra Leone. Les parties prenantes devraient se mettre à la table des négociations.
On March 5, 2011 in the presence of armed security forces the lease agreement was signed against payments from 173,000,000.00 Leones stacked on a table and paid to those signing the agreement.
Political turmoil over Sierra Leone MP's nationwide broadcast inciting the people of Malen Chiefdom against the Government and the local Chiefs for having entered into a land deal with Luxembourg-based SOCFIN.
Investment involves a 40-year lease agreement for the establishment of over 16,000 acres of an oil palm project.
Adecoagro is based in Luxembourg, but it is one of the biggest farmland owners in Latin America with holdings worth about $784 million
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.