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Deal #1151 Version #51486

Cameroon
Created at
2013-02-15
Last update
2019-11-08
Last full update
2024-04-08

Land area

Intended size
63 763 ha
Size under contract (leased or purchased area)
  • [2005, current] 63763.0 ha
Size in operation (production)
  • [2014, current] 37001.0 ha
Comment on land area
40% of planted area by smallholders on the estate. Cameroons largest producer of palm oil. Another report states 58000 hectares under contract, while a farmland grab article states 56000ha. 37,001 hectares of plantations in 2014: 35,037 ha of oil palm and 1,964 hectares of rubber. Socfin 2014 report states 59 563 ha under contract, with area planted being 33 044ha. 6 sites. Original leasehold states 20 000ha only. Grain report states concession size 73529ha while area under plantations is 41951ha (Sept 2019).

Intention of investment

Intention of investment
  • [current] Agriculture unspecified
Comment on intention of investment
Oil palm and rubber

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
One data source states 60 year lease.

Negotiation status

Negotiation status
  • [2000, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2000, current] In operation (production)
Comment on implementation status
Previously government owned, started in 1969

Contract farming

Contract farming
Yes
On leased / purchased
Yes
Comment on contract farming
40% of planted area by smallholders on the estate