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Namibia’s government plans to expropriate many white land owners soon in order to accelerate property transfer to the black majority of the country. This was revealed on March 21st by the nation’s president, Hage Geingob, on the sidelines of the 27th anniversary of Namibia’s independence.
The president however plans to be fair in the process by providing compensation to the white owners as...
In a debriefing to the UN special rapporteur on environment and human rights last week, the research and publication centre on relations between the third world and Europe (CETIM) denounced abusive expropriations of Malagasy rural land owners. These expropriations mainly profit international mining companies and precious wood smugglers.
“Many farmers are displaced, moved or sacked from their...
As issues with owners from whom they lease lands to produce persist, Congolese farmers are calling unto the government for help.
“The government should help us solve the land issue, as it impairs our activities. Harvest which should have already taken place will be carried out in September due to the various issues we had with land owners,” Davy Mitomene, head of an agro-pastoral group...
Out of the 395 land owners who were expropriated in the framework of the Maria Gleta thermal plant project in the Abomey-Calavi area, in Benin, 310 have already received compensation from the government.
As for the remaining 85 expropriated, 55 of them have submitted the compensation files but these are incomplete. This is what told the press the MD of the national agency of land and domains...
The Algerian deputy minister of Finance, in charge of digital economy and modernization of financial systems, Mouatassem Boudiaf, declared on Wednesday March 15th that a digital database for documents related to land conservation would be developed this week. The news was reported by l’Algérie Presse Service.
“Starting next week, the State’s domain administration, in relation to land...
On March 17th, 2017, the South African government has revealed in the Government Gazette a bill to prevent foreigners from owning agricultural lands in the country.
Entitled “Regulation of Agricultural Land Holdings Bill”, the bill should, according to Bloomberg, be submitted to the parliament for approval in April.
Though it appears as a mean to tackle the growing...
US magazine Forbes, in its 2017 edition of World’s Billionaires list published on Monday, revealed that the net worth of Aliko Dangote (photo), President of Dangote Group, dropped by $3.2 billion, last year.
Although his net worth declined, Dangote still retained his position as Africa’s richest person in the latest ranking, with a fortune of $12.2 bn. He was ranked 105th as...
Aliko Dangote (photo) intends to invest $700 million in establishing a sugar processing facility in Nasarawa State, Nigeria.
According to Dangote, the processing plant which will be located in Tunga in Awe Local Government area is expected to create 30,000 direct and indirect “jobs and increase the Internally Generated Revenue (IGR) of the state.”
He said the sugar plantation will...
The Nigerian House of Senate has granted President Muhammadu Buhari’s request to raise additional $500 million Eurobond from the international capital market to finance the $7 billion deficits in the 2017 budget. The approval was given after a closed-door session by the senate on Wednesday.
The Eurobond follows the oversubscription of a similar bond worth $1 bn approved...
The Federal Government of Nigeria has sanctioned 313 mining companies operating in the country over failure to fulfil their environmental obligations.
These obligations include conducting environmental surveys such as the Environmental Impact Assessment (EIA), Environmental Protection and Rehabilitation Programme (EPRP) and the Community Development Agreement (CDA).
The Director, Mines...