Moral Bankruptcy: World Bank Reinvents Tainted Aid Program for Ethiopia exposes the shameful reinvention of one of the Bank’s most problematic programs in Ethiopia. The report also reveals that the US Treasury violated congressional law when voting in favor of this program.
Understanding Land Investment Deals in Africa: Publications
The Great Timber Heist: The Logging Industry in Papua New Guinea, exposes massive tax evasion and financial misreporting by foreign logging companies, allegedly resulting in nonpayment of hundreds of millions of dollars in taxes.
Ethiopia's Anti-Terrorism Law: A Tool to Stifle Dissent, authored by lawyers from leading international law firms, provides an in-depth and damning analysis of Ethiopia’s Anti-Terrorism Proclamation. The report examines how the law, enacted in 2009, is a tool of repression, designed and used by the Ethiopian Government to silence its critics.
Peru has remained in the good grace of the World Bank. In 2015, it ranks 35th in the Bank’s Doing Business survey, with the second highest score in Latin America, indicating that the government has “created a regulatory environment conducive to business.” In 2008, Peru requested help from the Bank’s International Finance Corporation (IFC) advisory services for the design of a new reform agenda launched in 2009. As a result, the World Bank’s Doing Business survey recorded 15 pro-business policy reforms ratified between 2010 and 2013, including fast-track procedures at the land registry, cuts in workers’ social benefits, and tax reductions for private companies. Following the reforms, Foreign Direct Investment (FDI) doubled from $5.5 billion in 2007 to $10.2 billion in 2013. However, improving Peru’s business climate to attract foreign investment has had a severe toll on people, workers, and the environment, resulting in rising social conflicts.
La sangrienta guerra civil que asoló Sri Lanka durante 26 años terminó oficialmente en 2009 con la derrota de la minoría de los separatistas tamiles, encabezados por los Tigres de Liberación del Eelam Tamil (Liberation Tigers of Tamil Eelam, LTTE). El conflicto, en el que el LTTE se opuso al gobierno liderado por la mayoría cingalesa budista, mató alrededor de 200.000 personas, provocando el desplazamiento de más de un millón de personas y la destrucción de infraestructuras en todo el país, y arruinó las vidas de la población de las provincias del Norte y del Este.
This report presents the findings of an investigation carried out in Tanzania between 2011 and 2015 of KPL’s investment venture, focusing on the impacts experienced by surrounding communities.
In December 2014, the Oakland Institute carried out research and fieldwork in Sri Lanka in order to understand and document the state of land conflicts and displacement amid accusations of land grabs experienced by the Tamils and other minorities at the hands of the Sri Lankan army and the government. While investigating the land grabs, the research team witnessed discrimination, harassment by the police, and horrors of the civil war that continue to torment minority groups, especially the Tamils, even today.
EmVest Asset Management is a joint venture between Emergent Asset Management and Grainvest, a subsidiary of the RussellStone Group. Based out of Pretoria, South Africa, EmVest operates the African Land Fund (ALF) and lists social responsibility as a guiding tenet of its investment strategy, citing a desire to bring “economic uplift to communities through commercially viable, first world practices.”
Saudi Star Agriculture Development PLC, owned by Saudi-Ethiopian billionaire Mohammed Al-Amoudi, acquired 10,000 hectares of land along the Alwero River in the Gambella region of Ethiopia.
Quifel International Holdings (QIH) is the Lisbon-based personal holding of businessman Eng. Miguel Pais do Amaral, a Portuguese aristocrat, businessman, and former majority owner of the Media Capital Group.
The Malibya project established by the Libyan Africa Investment Portfolio secures 100,000 hectares of fertile land for Libya within the borders of Mali. The land, located in the Office du Niger, comes free of charge for 50 years. Libya intends to build the necessary agro-industrial infrastructure (e.g. canals and roads) in order to cultivate rice and cattle in the region.
Addax Bioenergy Sierra Leone Limited is the company behind the most developed land deal in Sierra Leone to date. “Renewable energy” subsidiary of Addax & Oryx Group, a Swiss-based energy corporation, Addax has leased 20,000 hectares for 50 years in the Bombali district to grow sugarcane to produce ethanol for export to Europe and electricity from the by-products to be sold in Sierra Leone.
For decades U.S. foreign aid has been accused of prioritizing U.S. political and military agenda over the needs of the poor around the globe. Now, the Bush administration has declared this to be the official foreign assistance policy of the United States.
Food prices have been increasing sharply since 2005. According to the World Bank, global food prices have climbed by 83% over the last three years. The real price of rice rose to a 19-year high in March 2008―an increase of 50% in two weeks alone―while the real price of wheat hit a 28-year high, triggering an international crisis.
World prices for basic staples have skyrocketed―up 83 percent compared to three years ago―while hunger and destitution reaches record levels. Corn registered a 31 percent increase between March 2007-2008, rice 74 percent, soya 87 percent and wheat a whopping 130 percent. Policy makers and media continue to place blame for skyrocketing prices on a variety of factors, including high fuel costs, bad weather in key food producing countries, and the diversion of land to biofuels. Increased emphasis, however, has been placed on a surge in demand from emerging economies―for instance, from the middle classes of India.
In February 2006, the United States and South Korean governments announced their intention to negotiate a free trade agreement. South Korea is the U.S.’ seventh largest trading partner and the U.S. is South Korea’s third largest trading partner.
The first genetically engineered (GE) crops were approved for human consumption in the mid-1990’s. Now, millions of genetically modified meals later, the clamor over GE foods has become a fixture of food policy debate.