Bloomberg By William Davison,
Karuturi Global Ltd. (KARG), the world’s largest rose grower, said it will borrow more than $100 million from a sovereign wealth fund to invest in farming in East Africa after selling its first produce from a plantation in Ethiopia.
Continue reading →
Tags: $100 million loans sought, 21000 metric tons, gambela, more roses in the plan
"When they [government officials] first came they told us an investor was coming and we would develop the land alongside one another. They didn't say the land would be taken away from us entirely. I don't understand why the government took the land."
Farmer Gemechu Garbaba
His wife adds:
"Since the land was taken away from us we are impoverished. Nothing has gone right for us, since these investors came."
Africa succumbs to colonial-style land grab
Channel 4 News, 7 January 2012
Error: Twitter did not respond. Please wait a few minutes and refresh this page.
