Italian oil and gas company Eni has announced plans to establish plantations over an area of 8.1 million hectares in Africa. The proposal is part of the company’s plans for greenhouse gas emissions from its exploration and production operations to be “net zero” by 2030.
“It’s very attractive. The earnings are very high and we’ve got hybrid material now. You harvest in the 24th month, and the repayment period is about seven years at the most… For the next 20 years it’ll be laughing yourself all the way to the bank.”
In 1992, Ali Hassan Mwinyi, then Tanzania’s president, agreed a deal with Brigadier Mohamed Abdul Rahim Al Ali, deputy minister of defense of the United Arab Emirates. But this wasn’t only a military deal.
Grains, meat, sugar, palm oil, pulp and paper, coal, aluminium, copper, gold, oil. Just some of the commodities that corporations take from the lands of indigenous peoples to ship around the world in order to generate profits.