Deal history comparison #4959

Previous version (136678)

Selected version (142172)

Location #1

Spatial accuracy level
Administrative region
Location
Guitri, Côte d'Ivoire

Target country
Côte d'Ivoire

Location #1

Spatial accuracy level
Administrative region
Location
Guitri, Côte d'Ivoire

Target country
Côte d'Ivoire

Land area

Intended size (in ha)
24,000
Size under contract (leased or purchased area, in ha)
24,000
Comment on land area
Expansion of 24,000ha near Guitry

Intention of investment

Intention of the investment
Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
Intended (Under negotiation)
Concluded (Contract signed)
Comment on negotiation status
Expansion of 24,000ha near Guitry still needs to be signed, however a provisional agreement for these lands has been signed between Dekel Oil and Ivoire Agro Development (IAD). IAD claims to have control over the land from agreements established between the communities and the company. However, the communities deny giving their land rights to Dekel Oil and deny having a contract in place with IAD. Objective is to get the contract signed and bring the project into operation in 2016.

Implementation status

Implementation status
[2017] Startup phase (no production)

Land area

Intended size (in ha)
24000.0
Size under contract (leased or purchased area, in ha)
24,000
Comment on land area
Expansion of 24,000ha near Guitry

Intention of investment

Intention of the investment
Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
Intended (Under negotiation)
Concluded (Contract signed)
Comment on negotiation status
Expansion of 24,000ha near Guitry still needs to be signed, however a provisional agreement for these lands has been signed between Dekel Oil and Ivoire Agro Development (IAD). IAD claims to have control over the land from agreements established between the communities and the company. However, the communities deny giving their land rights to Dekel Oil and deny having a contract in place with IAD. Objective is to get the contract signed and bring the project into operation in 2016.

Implementation status

Implementation status
[2017] Startup phase (no production)

Operating company

Name of investment project
Guitry palm oil project

Operating company

Name of investment project
Guitry palm oil project
Comment on investment chain
AgDevCo provided €8.7 million (US$9.75 million) investment in August 2019.

Data source #1

Data source type
Company sources
File
Comment on data source
Dekel Oil investor presentation 2013

Data source #2

Data source type
Media report
File
Date
2015-10-15
Comment on data source
Farmland Grab- DekelOil: Contract to develop 10,000 hectares of brownfield land in Ghana

Data source #3

Data source type
Company sources
File
Comment on data source
Company website

Data source #4

Data source type
Company sources
File
Comment on data source
Company website

Data source #5

Data source type
Company sources
File
Comment on data source
Interim Results 11 September 2015

Data source #6

Data source type
Media report
File
Date
2017-08-22
Comment on data source
Dekeloil a démarré sa deuxième unité de palmier à huile en Côte d’Ivoire

Data source #1

Data source type
Company sources
File
Comment on data source
Dekel Oil investor presentation 2013

Data source #2

Data source type
Media report
File
Date
2015-10-15
Comment on data source
Farmland Grab- DekelOil: Contract to develop 10,000 hectares of brownfield land in Ghana

Data source #3

Data source type
Company sources
File
Comment on data source
Company website

Data source #4

Data source type
Company sources
File
Comment on data source
Company website

Data source #5

Data source type
Company sources
File
Comment on data source
Interim Results 11 September 2015

Data source #6

Data source type
Media report
File
Date
2017-08-22
Comment on data source
Dekeloil a démarré sa deuxième unité de palmier à huile en Côte d’Ivoire

Data source #7

Data source type
Media report
Publication title
IMPACT INVESTOR AGDEVCO EXPANDS INTO COTE D’IVOIRE WITH €8.7M PALM OIL AND CASHEW INVESTMENT
Date
2019-08-12

How did the community react?

Community reaction
Rejection
Comment on community reaction
A provisional agreement for these lands has been signed between Dekel Oil and Ivoire Agro Development (IAD). IAD claims to have control over the land from agreements established between the communities and the company. However, the communities deny giving their land rights to Dekel Oil and deny having a contract in place with IAD.

How did the community react?

Community reaction
Rejection
Comment on community reaction
A provisional agreement for these lands has been signed between Dekel Oil and Ivoire Agro Development (IAD). IAD claims to have control over the land from agreements established between the communities and the company. However, the communities deny giving their land rights to Dekel Oil and deny having a contract in place with IAD.

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Community

Former land use

Former land use
Commercial (large-scale) agriculture
Smallholder agriculture
Comment on former land use
DekelOil's projects are based on existing plantations in Ivory Coast, as well as on plantations that will be cultivated in open areas secured by the company for the purpose of expansion – without the need to cut down rainforests.

Former land cover

Former land cover
Cropland
Marginal land

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Community

Former land use

Former land use
Commercial (large-scale) agriculture
Smallholder agriculture
Comment on former land use
DekelOil's projects are based on existing plantations in Ivory Coast, as well as on plantations that will be cultivated in open areas secured by the company for the purpose of expansion – without the need to cut down rainforests.

Former land cover

Former land cover
Cropland
Marginal land

Detailed crop, animal and mineral information

Crops area
Oil Palm

Use of produce

Has domestic use
Yes
Has export
Yes
Comment on use of produce
Various sales channels of CPO include: Sale to major Ivory Coast refineries, Export to bordering countries, Sale to commodity traders

In country processing of produce

In country processing of produce
Yes

Detailed crop, animal and mineral information

Crops area
Oil Palm

Use of produce

Has domestic use
Yes
Has export
Yes
Comment on use of produce
Various sales channels of CPO include: Sale to major Ivory Coast refineries, Export to bordering countries, Sale to commodity traders

In country processing of produce

In country processing of produce
Yes

Water extraction envisaged

Water extraction envisaged
Yes

Water extraction envisaged

Water extraction envisaged
Yes

Overall comment

Overall comment
The company has another palm oil plantation in Ivory coast- #3272

Overall comment

Overall comment
The company has another palm oil plantation in Ivory coast- #3272