jatropha
A new study by Friends of the Earth asserts the development of Africa's biofuel sector is leading to a "land grab" by foreign companies at the expense of local communities.
Africa is constantly looking for ways to develop its economies and increase the standard of life for its inhabitants. According to a report by the Forum for Agricultural Research in Africa (FARA), growing biofuel feedstocks could be a powerful tool for the continent's economic development.
VEPOWER Limited has signed an agreement with Jatropha Africa to finance a 50,000 hectare jatropha plantation in Ghana.
Foreign energy companies have descended on Ghana, the West African nation that was once the center of the North American slave trade, as it engages in oil exploration and plans start drilling for crude this year, a move its government hopes will help to stamp out poverty.
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Mozambique's latest political corruption scandals probably make more news, but the African nation largely known for civil strife and deplorable living conditions, also faces economical dilemmas as it decides on biofuel crop production.
Biofuels vs. Food Crops
The development of aviation biofuels using biomass sources such as jatropha, camelina and algae will be an important factor in the drive to drastically reduce aviation industry emissions, says a report this week from the Frost & Sullivan consulting firm.
The Massachusetts Department of Energy Resources (DOER) has announced that only biofuels derived from waste feedstocks would qualify under the state's Clean Energy Biofuels Act of 2008.
Emami Biotech, a subsidiary of Emami Group (BOM:531162), will be launching a massive biofuel project in Ethiopia.
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