Unjust Enrichment: How the IFC Profits from Land Grabbing in Africa, released by Inclusive Development International, Bank Information Center, Accountability Counsel, Urgewald and the Oakland Institute shows how the World Bank Group has indirectly financed some of Africa’s most notorious land grabs. The World Bank’s private-sector arm, the International Finance Corporation (IFC), is enabling and profiting from these projects by outsourcing its development funds to the financial sector.
Backroom Bullying: The Role of the United States Government in the Herakles Farms’ Land Grab in Cameroon, shows how bullying by US government officials may have played a critical role in the granting of nearly 20,000 ha by the Cameroonian government to the US-based firm Herakles Farms in 2013, instead of the cancellation of clearly flawed project.
The Unholy Alliance, Five Western Donors Shape a Pro-Corporate Agenda for African Agriculture, exposes how a coalition of four donor countries and the Bill and Melinda Gates Foundation is shaping a pro-business environment in the agricultural sector of developing countries, especially in Africa.
Oakland Institute’s report exposes the role of the Bank’s private sector branch, International Finance Corporation (IFC), in fueling land grabs, especially in Africa.