The Bagamoyo biofuel project has received a green light from Tanzanian authorities, but the status of the project's environmental study remains in question in Sweden. The owner SEKAB defends the study, while Managing Director of the consultant Orgut Per Giertz steps back from the report.

Danish firms face Iraq Oil For Food corruption charges

Danish firms accused of paying kickbacks to Iraqi authorities under the UN Oil For Food Programme have chosen different strategies to deal with the serious charges. Novo Nordisk has struck a deal with US authorities to avoid trial.

Bilateral funds invest more in Africa than World Bank

The World Bank’s private sector arm IFC only makes a small fraction of its investments in Africa, compared to European aid-financed risk capital funds. European funds invest every fourth dollar in Africa, while the Bank invests only one in ten dollars in the region, shows a report obtained by Development Today.

Orgut chief: 'not involved' in SEKAB's final biofuel EIA

Per Giertz, Managing Director of Orgut, insists that his company was "not involved" in the final version of the controversial environmental study submitted by SEKAB to Tanzanian authorities.