AgriSol Energy LLC

Reports

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Understanding Land Investment Deals in Africa: Tanzania

After decades of limited interest in agriculture in developing countries, foreign direct investment (FDI) in agriculture is on the rise. In recent years, over 4 million hectares (ha) of land have been requested by foreign investors for both agrofuel and food production in Tanzania. Though a small portion of these (70,000 ha) had actually been formally leased as of December 2010, this confirms Tanzania as a very attractive country for foreign...

Briefs

Land Deal Brief: Lives on Hold

In June 2011, the Oakland Institute (OI) released details of the largest land deal in Tanzania, which had been hidden away from public scrutiny prior to that and obscured from national debate and discussion. The deal involved Iowa-based Summit Group and the Global Agriculture Fund of the Pharos Financial Group working in partnership with AgriSol Energy LLC and Iowa State University College of Agriculture and Life Sciences.

Land Deal Brief: Eight Myths and Facts About AgriSol Energy in Tanzania

The June 2011 publication of the Oakland Institute’s investigation into AgriSol Energy’s land deal in Tanzania was followed by an indicting televised report from Dan Rather, the involvement of international civil society including the Sierra Club, Tanzanian activists, and a broad array of supporters from around the world. Yet, AgriSol still plans to go ahead with this large-scale agricultural project to produce agrofuel and genetically modified...

Land Deal Brief: AgriSol Energy and Pharos Global Agriculture Fund’s Land Deal in Tanzania

Iowa-based Summit Group and Global Agriculture Fund of the Pharos Financial Group, in partnership with AgriSol Energy LLC and the College of Agriculture and Life Sciences at Iowa State University, are developing a large agriculture enterprise in Tanzania. The site encompasses three “abandoned refugee camps”– Lugufu in Kigoma province (25,000 ha), Katumba (80,317 ha), and Mishamo (219,800 ha), both in Rukwa province.

Land Deals Brief: The Myth of Economic Development

The belief that large-scale land investment in Africa will result in much needed economic development is strongly promoted by foreign investors, government officials, and international institutions. As a result, many African governments fervently encourage foreign investment in agricultural land and offer what some have called “mouthwatering” incentives to investors. Officials trust that land deals will spur growth with incoming capital, assist...

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