IFC

Kenya: Govt inks fresh 500,000-acre land deal with World Bank
- Kenyans
- 06 June 2023
The Ministry of Agriculture had signed over 500,000 acres of land for the implementation of the Land Commercialisation Initiative (LCI) in Kenya
At a rubber plantation in Liberia, history repeats in a fight over land
- Mongabay
- 17 January 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.
IMC in talks with EBRD and IFC on loans for three development projects
- Interfax
- 10 October 2022
IMC specializes in the cultivation of cereals, oilseeds and milk production on about 123,300 hectares of land in Poltava, Chernihiv and Sumy regions of Ukraine.
Zeder Investments unbundles Zeder Africa due to troublesome Zambian operation
- Food Business Africa
- 30 August 2022
The Zambian farming company, backed by Norfund and the World Bank's IFC, has been sold by South Africa's Zeder Investments to a group of businessmen.
International Finance Corporation should stop bankrolling destructive agribusiness
- Food Tank
- 03 August 2022
The World Bank’s private sector arm approved a US$200M loan to agribusiness giant Louis Dreyfus Company under the guise of “sustainable development.
IFC and Zambeef partner to boost food security, strengthen agribusiness in Zambia
- Farmers Review Africa
- 19 July 2022
Zambeef will use the funds to upgrade its feed mill, animal housing, purchase new equipment and develop 1,000 hectares of irrigation land, among other activities.
World Bank approves $200 million IFC loan for industrial agriculture in Brazil’s Cerrado
- Mongabay
- 01 July 2022
A major loan was approved this week for an industrial food producer operating in Brazil, despite concerns that the money would ultimately fund activities that contribute to deforestation.
Public development banks must stop financing factory farming
- Food Tank
- 07 June 2022
Pumping public dollars into the destructive industrial meat sector is neither climate-resilient nor climate-smart, say Kari Hamerschlag and Peter Stevenson. It's also fuelling land grabbing.
In Vietnam, the call for factory farm divestment grows louder
- Sentient Media
- 29 Mar 2022
A massive pig breeding and farming operation in Vietnam is set to expand, aided by $26 million in funding recently granted by the International Finance Corporation (IFC).
Chinese hog breeder cooperates with authorities over land probe
- Bloomberg
- 01 September 2020
State radio reported last week that hog farm expansions financed by the World Bank in Henan’s Nanyang had allegedly taken farmland illegally from wheat farmers, threatening the nation’s grain security.
World Bank’s IFC pumped $1.8b into factory farming operations since 2010
- Mongabay
- 07 July 2020
Over the past 10 years, the World Bank’s private investment arm has sunk more than $1.8 billion into major livestock and factory farming companies across the world.
Olam secures a US$176 million term loan from IFC and JICA
- Olam
- 30 April 2020
The funds will be used for the procurement of specific agri-commodities from smallholder farmers in Vietnam, Indonesia, Timor-Leste, Papua New Guinea and Uganda as well as the expansion of Olam’s cocoa processing facility in Indonesia.