Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1338

Deal #1338 Version #52756

Ghana

Created at

2013-02-15

Last update

2018-06-13

Last full update

2024-04-24

Land area

Intended size

120 000 ha

Size under contract (leased or purchased area)

[current] 50000.0 ha

Size in operation (production)

[2013, current] 5.0 ha

Comment on land area

Only 5ha are farmed with seeds being sold. pilot farm of 100 Hectares has 100,000 trees, the company also has plans to expand further on to more of the 50,000 hectares it manages in partnership with three villages in Ghana. The 70,000ha area has not been used and usufructuary rights might have lapsed

Intention of investment

[current] Biomass for biofuels

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Comment on nature of the deal

Usufructuary rights

Negotiation status

[current] Concluded (Contract signed)

Implementation status

In operation (production)
[2014, current] Project abandoned

Comment on implementation status

Unavailability of funds.

Leasing fees

Comment on leasing fee

Small annual fee to be paid to the chief

Contract farming

Yes

On leased / purchased

Yes

Comment on contract farming

farmers grow jatropha under profit shaing lease agreements with the company.