Company Directory - African Agriculture
Company Details - African Agriculture
African Agriculture
WebsiteA U.S.-registered company involved in an agricultural project in Senegal aiming to export animal feed.
CCI Score
CCI Score: African Agriculture
-60.58
0.04%
Latest Event
Senegal Project Collapse Sparks Labor Rights Concerns
African Agriculture's ambitious agricultural project in Senegal collapsed due to financial mismanagement and unfulfilled wage promises, leaving workers unpaid and local communities facing restricted access to land. The failure has sparked community unrest and raised serious concerns about the company's labor practices and ethical responsibilities.
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African Agriculture is currently rated as an Architect.
Latest Events
- APR012025
African Agriculture's ambitious agricultural project in Senegal collapsed due to financial mismanagement and unfulfilled wage promises, leaving workers unpaid and local communities facing restricted access to land. The failure has sparked community unrest and raised serious concerns about the company's labor practices and ethical responsibilities.
-70
Labor Relations and Human Rights Practices
April 1
The collapse of the project highlights significant lapses in upholding labor rights and ethical business practices. Unkept wage promises and restricted land access for local farmers and herders demonstrate a disregard for fair labor practices and community well-being. This failure not only endangered workers but also undermined community trust, reflecting negatively on the company's commitment to responsible labor relations.
Dreams of Prosperity Crash: African Agriculture's Ill-Fated Investment in Senegal
- APR012025
African Agriculture's failed project in Senegal has resulted in rusting machinery and unpaid workers, revealing broken promises regarding job creation and sustainable development.
-60
Labor Relations and Human Rights Practices
April 1
The project’s abandonment and failure to compensate workers indicate a disregard for labor rights and ethical business practices. Such neglect in protecting worker welfare, especially in a vulnerable region, aligns with exploitative practices that undermine community trust and contribute to authoritarian economic structures.
Broken promises and abandoned fields: A failed US agricultural project in Senegal
- FEB152025
African Agriculture's ambitious agricultural project in Senegal collapsed, leaving rusting infrastructure and unpaid wages for local workers. The failure, marked by community protests and legal action over approximately $180,000 in unpaid wages, has severely undermined community trust and exposed exploitative labor practices.
-50
Public and Political Behavior
April 1
The company’s failure to live up to its public promises and the ensuing community protests and legal disputes have contributed to widespread public disillusionment. This incident reflects poor public and political behavior, undermining community trust and social cohesion.
‘I bought their dream’: How a US company’s huge land deal in Senegal went bust
-80
Labor Relations and Human Rights Practices
April 1
Local workers experienced significant labor exploitation, with around $180,000 in wages remaining unpaid. The resultant protests and legal proceedings underscore severe human rights and labor practice concerns.
‘I bought their dream’: How a US company’s huge land deal in Senegal went bust
- FEB012024
African Agriculture Holdings, now publicly traded on NASDAQ, is advancing plans to operate on over 2.9 million hectares in West Africa. The project, which targets land in Senegal, Mauritania, and Niger for animal feed production and carbon credits, poses serious risks to local land and water rights and jeopardizes the livelihoods of pastoralist communities.
-70
Business Practices and Ethical Responsibility
April 1
The company's expansive plans to acquire and operate on millions of hectares, despite longstanding local claims to the land, demonstrate a clear disregard for ethical business practices and the rights of marginalized communities. The actions exacerbate environmental and social vulnerabilities, highlighting a failure in corporate responsibility.
US agribusiness – African Agriculture Holdings – threatens land and water rights in West Africa
-60
Economic and Structural Influence
April 1
By seeking control over critical natural resources and vast tracts of land, the company reinforces exploitative power structures that marginalize local communities. This expansion not only disrupts traditional livelihoods but also concentrates economic influence in a manner reminiscent of colonial practices.
US agribusiness – African Agriculture Holdings – threatens land and water rights in West Africa
- MAY302022
In May 2022, local communities in Senegal demanded the return of 20,000 hectares of land acquired by US-based African Agriculture Inc. The company, which had acquired the land in 2012 and rebranded it as Les Fermes de la Teranga, ignored the communities’ repeated demands for remediation and compensation, instead offering token gestures. Its IPO filings also omitted mention of the longstanding local opposition.
-70
Public and Political Behavior
April 1
African Agriculture Inc. omitted critical information about local community opposition in its IPO filings and disregarded the letter from 37 affected villages demanding land restitution, reflecting a lack of transparency and accountability in its public and political conduct.
-80
Business Practices and Ethical Responsibility
April 1
The company's business practices, including acquiring a 20,000-hectare concession through dubious means and responding to community demands with minimal, token measures instead of genuine remediation, indicate a severe lack of ethical responsibility towards marginalized populations.
-60
Economic and Structural Influence
April 1
By pushing forward with a large-scale agribusiness project on land obtained under controversial circumstances—and by exploiting critical local resources like water—the company reinforces structural inequalities and undermines local community autonomy, contributing to long-term economic and social disenfranchisement.
Industries
- 111
- Crop Production
- 112
- Animal Production and Aquaculture
- 1151
- Support Activities for Crop Production
- 1152
- Support Activities for Animal Production