Deal #1157

Location #1

Spatial accuracy level
Administrative region
Location
Littoral Region, Cameroon

Target country
Cameroon
Comment on location
South West as an additional location

Location #2

Spatial accuracy level
Administrative region
Location
Fako, Cameroon

Target country
Cameroon

Land area

Intended size (in ha)
55000.0
Size under contract (leased or purchased area, in ha)
[2009] 41000
Size in operation (production, in ha)
[2009] 13750
[2014] 38000
Comment on land area
The Ecofys report states that the corporation is looking to expand by 14000 hectares. Already grows 17000ha rubber ( 9 Rubber Estates) , 14000ha oil palm (6 Oil Palm Estates) plus 7000ha bananas according to the company website. Another data source states that the company has signed a lease for 102 000ha. Grain report states 68167 ha under contract with 15240 ha under operation (Sept 2019).

Intention of investment

Intention of the investment
Food crops, Non-food agricultural commodities, Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)

Implementation status

Implementation status
[2009] In operation (production)
Comment on implementation status
No information available on nature of land involved. Companies activities since 1947.

Contract farming

Contract farming
No

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of jobs (domestic)
15700
Comment on jobs created (domestic)
This includes temporal workers

Operating company

 

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Data source #1

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

Data source #2

Data source type
Research Paper / Policy Report
File
Date
2013-02-01
Comment on data source
Rainforest Foundation (2013): Seeds of destruction

Data source #3

Data source type
Research Paper / Policy Report
File
Date
2013-10-02
Comment on data source
Ecofys (2013): Land grabs for biofuels - driven by EU biofuels policies

Data source #4

Data source type
Personal information
File
Date
2015-01-13
Includes in-country-verified information
Yes

Data source #5

Data source type
Research Paper / Policy Report
File
Comment on data source
Agro-industrial investments in Cameroon: Large-scale land acquisitions since 2005, Samuel Nguiffo and Michelle Sonkoue Watio

Data source #6

Data source type
Research Paper / Policy Report
Publication title
Communities in Africa fight back against the land grab for palm oil
Date
2019-09-19

Promised benefits for local communities

Promised benefits for local communities
Education

Detailed crop, animal and mineral information

Crops area
Banana, Oil Palm, Rubber tree

Use of produce

Has domestic use
Yes
Domestic use
90
Has export
Yes
Export
10
Comment on use of produce
The Rubber and Banana are mainly exported while the Palm Oil is mostly consumed locally.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
5 Rubber Factories and 2 Palm Oil Mills.

Water extraction envisaged

Water extraction envisaged
Yes

Oct. 14, 2019, 2:44 p.m.

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Jan. 15, 2016, 11:36 a.m.

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June 4, 2015, 10:54 p.m.

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March 26, 2015, 8:23 a.m.

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March 19, 2015, 8:35 p.m.

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Feb. 6, 2015, 7:57 a.m.

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Oct. 27, 2013, 11:08 a.m.

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Oct. 27, 2013, 11:03 a.m.

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Oct. 10, 2013, 3:19 p.m.

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May 20, 2013, 10:46 a.m.

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March 7, 2013, 11:31 a.m.

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March 7, 2013, 11:24 a.m.

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Feb. 15, 2013, 5:01 p.m.

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