The palm oil industry's repeated failure to keep its promises illustrates why global initiatives to achieve 'sustainable palm oil' must place communities centre-stage, writes FPP
- The Ecologist
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14 May 2015
Malian farmer Balima Coulibaly and his fellow villagers could do nothing but watch as Libyan investors, under a deal known as Malibya, took the fertile land that they had farmed for generations.
- Foreign Affairs
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14 May 2015
China's largest grain trader COFCO is setting up a venture with sovereign wealth fund China Investment Corp (CIC) to control COFCO's investments in Dutch trader Nidera and Noble Group Ltd's agribusiness.
Mitr Phol Sugar Corp has pulled out of its three plantations in Cambodia’s Oddar Meanchey province after years of allegations about illegal business practices and human-rights abuses, a media report said Monday.
The water-rich region of Myanmar has become the target of land speculation, driven in part by local Myanmar-Chinese merchants and Chinese speculators and businesspeople.
A palm oil industry body orders one of the world's major producers to stop buying or developing new plantations in Indonesia, in a dispute seen as a test case on expansion by agribusiness firms versus local land rights.
More than 2,000 families have been affected and at least 3,000 hectares misappropriated for logging by three sugar plantations in the north Cambodian province of Oddar Meanchey, according to a report released Monday
- Anadolu Agency
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11 May 2015
The land rush unleashed around the world to own and exploit Earth’s natural bounty is not only fierce and unfair, but increasingly fatal, with lands, homes and forests bulldozed and cleared for foreign investors.
Midroc's subsidiary Elfora Agro-industry Plc plans to cultivate alfalfa on 300ha of land at Nettle and Shallo in the Oromia Region with an objective of producing 600 tonnes of forage a month.
- Addis Fortune
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11 May 2015
500,000 people in northern Mozambique will be severely affected if the country's Council of Ministers approves the Lúrio River Valley Development Project (DVRL).
Members of the European Parliament adopted last 29 April a motion calling for mandatory human rights due diligence for corporations. The Council and Commission are not legally obliged to follow through.
This report has been written for emerging market private equity fund managers. It highlights trends in private equity investment in emerging markets agribusiness