Kilombero Plantations Limited in Tanzania joins a long list of failed big agriculture projects in Africa in recent years, including Agrisol and Sun Biofuels in Tanzania; Karuturi in Kenya and Ethiopia; Nile Trading in South Sudan; Senhuile in Senegal, and Bukanga Lonzo in the Democratic Republic of Congo
The proposed legislation would bar both foreigners and locals from buying any land in all districts bordering China and in a 25 kilometer-wide strip adjacent to Russia, Kyrgyzstan, Uzbekistan and Turkmenistan.
The European Union spends $65 billion a year subsidizing agriculture. But a chunk of that money emboldens strongmen, enriches politicians and finances corrupt dealing and land grabs.
In recent weeks, Indonesia has seen its largest mass protests since the “people power” movement that forced President Suharto to step down in 1998. Among a variety of pro-democracy demands, the protesters want lawmakers to scrap a controversial bill governing land use in the country.Critics say the bill could be used to imprison indigenous and other rural citizens for defending their lands against incursions by private companies.
Chinese companies first appeared in Russia's Far East in the early 2000s, but Beijing's interest in the region increased after the global financial crisis of 2008. Chinese investment was followed by an influx of Chinese migrants.
Nearly 88 percent of Gabon is covered in forests, but NGOs fear that the development of oil palm plantations threatens this viable resource. Local communities accuse SOTRADER, a public-private partnership between the government and the multinational Olam, of land grabbing.
One year after palm oil company Golden-Agri Resources (GAR) and its subsidiary Golden Veroleum Liberia (GVL) were called out for illegal deforestation, land grabbing, and the destruction of critical wildlife habitats, and many ongoing abuses later things on the ground don’t look much better.
With very low interest rates having taken root across asset classes and investors abiding in their hunt for higher yields, the world’s largest manager of global farmland, Nuveen, says the season may be ripe for a strategic allocation to the $2.3 trillion market for U.S. farm real estate.
Singapore-based Olam International has positioned Vietnam as an export center for Asia, symbolized by a massive pepper plantation in central Vietnam the size of roughly 150 baseball stadiums.
A mansion in Melbourne's east, newly constructed units and more than 3,000 acres of Tasmanian farmland are among $17.3 million in property seized by authorities as part of an investigation into alleged money laundering by Chinese nationals.
The government’s plans to open up the land market are stirring fears that Ukraine’s coveted black earth will be bought up by foreigners, including Russians. Report from Associated Press.
British and Kenyan lawyers allege that during the colonial period. the British army and colonial administrators deployed rape, murder and arson to seize swathes of arable land in Kericho, Kenya, from its traditional owners - rights violations for which nobody has ever answered.