The Addax Bioenergy project continues to pose challenges to communities in Sierra Leone nine years after its start. In a new turn of events, the whole community of Tonka community has been informed it will be relocated.
Ingleby group is owned by the Swedish billionaire family of Hans Rausing. The group exploited over 100,500 ha of land worldwide, of which 81,500 ha farmland and 7,261 ha forest.
- Romania Insider
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29 June 2018
Swedwatch report shows how local communities were affected when the Addax Bioenergy project in Sierra Leone stalled and when development banks exited from the project without taking steps to protect that the rights of local communities.
- Swedwatch
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08 November 2017
Swedish investor EcoDevelopment registered a claim at the International Centre for Settlement of Investment Disputes against the Tanzanian government on September 11, 2017 for revoking a land title amid concerns over the impact on local communities and a wildlife sanctuary.
This study highlights the role of European Development Finance Institutions (DFIs) in possible land grabs and questionable forestry projects in Africa.
Black Earth Farming revealed it had agreed, in essence, a $200m takeover by a Russia's Kukura family in the most high profile of a series of retreats by foreign investors from the Black Sea agricultural market.
- Agrimoney
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14 February 2017
Holding the Development Finance Institutions responsible when private sector projects fail. The case of Addax Bioethanol in Sierra Leone.
- Bread for the World
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04 September 2016
The Government has decided to shelf the Bagamoyo EcoEnergy sugar plantation project in order to safeguard Wami River from which the project would draw its water.
Canadian company developing plantations in the DRC announces new financing from a syndicate of European development funds, backed by Germany, Netherlands, Belgium, Switzerland, Sweden and the UK.
The EcoEnergy project was announced in 2011, with those to be displaced told they could expect compensation within 18 months. It has stalled, hamstrung by red tape and legal delays.
- Africa Report
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25 November 2015
An American investment giant that manages multi-billion-dollar pension funds in the United States, Canada, and Sweden faces allegations that it has circumvented Brazilian laws on foreign acquisition of farmland
A U.S. investment firm that manages U.S., Canadian and Swedish pension funds came under pressure on Tuesday to give locations of its land investments in Brazil as coalition of campaign groups voiced concerns about the impact on local farmers.