Mkenazi
Senior Member
- Apr 11, 2011
- 124
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| US firm grabbing land in Tanzania? 13/06/2011 0 Comments The Tanzanian government is on the verge of concluding a deal with international investors that will result in evacuation of refugee resettlement areas to make way for cultivation of biofuels and genetically modified crops, a US-based research Oakland Institute (link, click), which investigated internationally financed land deals in seven African countries charges in a report released last week. Though these issues are yet to be resolved, the process is well underway, with the expectation that the title of certificate of occupancy will be awarded within three months (as of April 2011), the report says. It notes that the Tanzanian government views AgriSol as part of its Kilimo Kwanza (agriculture first) policy initiative to modernise and commercialise the countrys agricultural sector. Under the land deal now being negotiated, AgriSol Energy Tanzania would develop 325,000 hectares in western Tanzania consisting of three refugee camps: Lugufu in Kigoma Province (25,000 ha); Katumba (80,317 ha) and Mishamo (219,800 ha), both in Rukwa Province. AgriSol Energy Tanzania was born of a partnership between US-based AgriSol Energy and Tanzania-based Serengeti Advisors Ltd, according to the institutes year-long investigation. Serengeti Advisors is led by Bertram Eyakuze and Iddi Simba, a former director of the East African Development Bank as well as a former Trade and Energy minister of Tanzania. Another key partner is Pharos Global Agricultural Fund, managed by a Dubai-based financial firm. Full story at : TheEastAfrican.co.e |
source: US firm
The East African: - Business |US agro-tech firm
http://media.oaklandinstitute.org/s...les/Agrisol Presentation to PM 7 Jan 2011.pdf
