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Feronia (OTCMKTS:FRNFF) Shares Pass Below Fifty Day Moving Average of $0.01

Feronia (OTCMKTS:FRNFF) Shares Pass Below Fifty Day Moving Average of $0.01
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Agribusiness Financing: Civil Society Groups Declare War on Development Banks

Agribusiness Financing: Civil Society Groups Declare War on Development Banks
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DRC communities file complaint with German development bank to resolve century-old land conflict with palm oil company

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DRC communities file complaint with German development bank to resolve century-old land conflict with palm oil company
Nine communities from the DR Congo took a historic step.by filing a complaint with the complaints mechanism of the German development bank (Deutsche Investitions- und Entwicklungsgesellschaft â DEG). The communities of the DR Congo want a resolution to a land conflict that dates back to the Belgian colonial period with a palm oil company that is currently being financed by a consortium of European development banks led by DEG.In 1911, the Belgian colonial administration unilaterally awarded Lord Leverhulme of Britain a massive one million hectare land concession covering the territories of these communities and many others. Leverhulme.used forced labour and violent repression to extract palm oil from the forests.and eventually erected several oil palm plantations with ....

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farmlandgrab.org | Financement du développement sous forme d'agro-colonialisme: le financement des plantations d'huile de palme de Feronia-PHC en République démocratique du Congo par les banques européennes de développement

Un nouveau rapport d une alliance d organisations de la société civile dévoile l un des échecs les plus scandaleux des investissements des banques de développement dans l agriculture. ....

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farmlandgrab.org | The untold story of Feronia Inc's failed rice operations in the DR Congo

The untold story of Feronia Inc s failed rice operations in the DR Congo
Murder, land grabbing, indentured labour. These are some of the allegations that have been brought forward by communities in the DR Congo against the Canadian company, Feronia Inc, a company that received over US$150 million in financing from European development banks.

Most of these troubling allegations concern the company s vast oil palm plantations in Équateur and Tshopo Provinces that it bought from Unilever in 2009. But Feronia s initial years in the DRC also involved a large-scale rice farm and mill in the Bas-Congo that the company said would eventually save the Congo from its dependence on food imports. ....

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