Deal #1337

Location #1

Spatial accuracy level
Administrative region
Location
Sege, Ghana

Target country
Ghana
Comment on location
Site near Sege and Old Ningo 150 ha test farm, where Jatropha hedges in various lay outs are tested in combination with a large number of locally adaptable food crops; in 2010 a small poultry farm was added primarily using local methods.

Location #2

Spatial accuracy level
Administrative region
Location
Gomoa, Ghana

Target country
Ghana
Comment on location
Cocoa nursery with 20,000 plants planned to be established in the fall of 2012. Transplanting will take place at the start of the rainy season in 2013.

Land area

Intended size (in ha)
10000
Size under contract (leased or purchased area, in ha)
[2009] 1750
Size in operation (production, in ha)
[2008] 150
Comment on land area
1750ha secured, negotiations completed for another 2190ha.

Intention of investment

Intention of the investment
Biofuels, Food crops, Livestock, Agriculture unspecified
Comment on intention of investment
More projects are under preparation including a professional large scale poultry farm, innovative small scale Palm Oil processing and a Tiliapia fish farm. One source states: Over 50% of the company`s plantation land used will be permanently dedicated to the planting of food crops, while the remainder will be used for soil management purposes and non-food oil crops.

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
At location in Gomoa: JV with families from the local communities

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)

Implementation status

Implementation status
[2008] Startup phase (no production)

Contract farming

Contract farming
Yes

Contract #1

Duration of the agreement (in years)
50

Operating company

Operating company
Comment on investment chain
Bionic Palm Limited (BPL) is a Ghanaian company founded in 2007. BPL is a subsidiary of Bionic Fuel Oil Trading Pvt Ltd, Singapore and a member of the Bionic Group of companies. The investment fund Business50plusFonds of the German LIM AG offers investors investment opportunities in BPL.

 

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Data source #1

Data source type
Media report
File
Date
2010-01-01
Comment on data source
Full Report: FIAN_Profundo_Landgrabbing

Data source #2

Data source type
Company sources
File
Date
2012-01-01

Data source #3

Data source type
Company sources
File
Date
2013-01-01
Comment on data source
updated in January 2013

Data source #4

Data source type
Company sources
File

Data source #5

Data source type
Crowdsourcing
Date
2014-03-18

Data source #6

Data source type
Research Paper / Policy Report
File
Date
2014-11-03
Comment on data source
Commercial farms in Africa- received from Ward.

How did the community react?

Comment on community reaction
2000 smallholder farmers from villages surrounding the acquired land have illegally invaded the land, thus the company is unable to use the land productively.

Displacement of people

Comment on displacement of people
7 families

Former land owner (not by constitution)

Former land owner
Community

Former land use

Former land use
Smallholder agriculture

Detailed crop, animal and mineral information

Crops area
Jatropha, Oil Palm, Sun Flower
Livestock area
Poultry

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
AGF (Agrofuel production)

Feb. 19, 2019, 3:57 p.m.

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May 31, 2018, 3:05 p.m.

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Nov. 21, 2016, 11:32 a.m.

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March 13, 2016, 10:18 a.m.

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Nov. 7, 2014, 2:05 p.m.

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April 4, 2014, 2:04 p.m.

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May 16, 2013, 11:45 a.m.

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March 17, 2013, 2:42 p.m.

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March 17, 2013, 2:13 p.m.

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

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