THE MEN WHO SOLD THE WORLD part II : SUBDUE
Cameroon : The Socapalm company (Cameroonian company of palm groves) is Cameroon’s main producer of palm oil. This former state-owned company was privatized in the year 2000 for the benefit of the Belgian group Socfinal, of which the French group Bolloré holds 38.75%.
Far from appeasing the relations between these gigantic plantations and the local populations, privatization has exacerbated the conflicts and the new board of directors hardens the methods of yesteryear; destruction of surrounding forests, seizing of land, evictions of villagers, pollution of watercourses or widespread use of subcontracting.
In April 2009 Socapalm was looking for shareholders to enter the stock market: Become a shareholder of a flagship agribusiness in Cameroon, become a shareholder of Socapalm - Cameroon said the brochure.
The floor is given to the actors of this conflict.
This work has been achieved in February and March 2009, in collaboration with journalist NOMBA Danielle.