African soil for sale: Large-scale land acquisitions
- Life & Peace Institute
- 23 December 2011
Issue number 4/2011 of 'New Routes' by Life & Peace Institute (Uppsala)
Issue number 4/2011 of 'New Routes' by Life & Peace Institute (Uppsala)
Right now, on the desks of Swedish International Development Agency (Sida) there is the background material for an application of credit guarantee for an 8000 ha sugar plantation and a refinery in Bagamoyo, Tanzania.
La firme américaine s'étend en Gambie et Sierra Léone.
US company with 100,000 ha in Guinea now looking to expand into The Gambia and Sierra Leone.
L’entreprise genevoise Addax Bioenergy a vendu son projet d’éthanol au Sierra Leone comme un «projet durable» auprès des investisseurs et a ainsi obtenu plus de la moitié des fonds de la part de banques de développement, dont la Banque Africaine de Développement, qui est appuyée par la Suisse. Une nouvelle étude de Pain pour le Prochain montre que le projet est loin d’être durable.
In August 2011, Phatisa concluded its first transaction to invest US$ 10 million alongside the Finnish Fund for Industrial Cooperation Limited (FINNFUND) and the Company’s Sponsors, in Goldtree a palm oil plantation and milling company in Sierra Leone, representing a total investment of US$ 20 million.
“We decided to go on hunger strike at the ADAX Energy Canteen at Kontobi in Port Loko as fellow Sierra Leone employees were facing segregation,” says Sierra Leone Deputy Minister.
The adoption by the UN Committee on World Food Security of international guidelines to regulate land grabs has been pushed to next year
Three weeks ago, a team of Vietnamese investors and their technical advisers visited Sierra Leone to conduct feasibility studies with the aim of entering the agribusiness sector in the country.
Agriterra revealed plans for further land expansion even after raising its cattle operations to about 16,700 hectares and entering the cocoa market through the acquisition of a Sierra Leone trader.
The growing number of complaints from local communities, civil society organizations and the media about the activities of foreign investors in the country has got the government to unveil an investment monitoring unit
Report by HighQuest Partners for the OECD, October 2011, features 6 case studies of land grabbers: Agrica, CalyxAgro, Cazanae, Jantzen, NFD Agro and Quifel