The Herakles Debacle

The Herakles Debacle

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John Ahni Schertow
September 7, 2012
 

From its very name, American-owned SG Sustainable Oils Cameroon, Ltd. (SGSOC) presents a pro-environment, pro-resources image. This is supported by an impressive-sounding partnership with an NGO by the name of All for Africa and as a package typifies the kind of convoluted modern-day foreign investment going on in Africa. It is sadly all too familiar to communities on the ground. They are unimpressed with promises of infrastructure and jobs, and angry about their loss of land and livelihoods. It is also part of a strategy to deceive the public into believing that there is logic to cutting down rainforests to make room for palm oil plantations.

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