Deal #1350

Location #1

Spatial accuracy level
Administrative region
Location
Sunyani, Ghana

Target country
Ghana
Comment on location
Dormah 400 ha

Location #2

Spatial accuracy level
Administrative region
Location
Mampong, Ghana

Target country
Ghana
Comment on location
350 ha

Location #3

Spatial accuracy level
Administrative region
Location
Somanya, Ghana

Target country
Ghana
Comment on location
600 ha

Land area

Intended size (in ha)
1350.0
Comment on land area
Dormah 400 Ha; Mampong 350 Ha; Somanya 600 Ha.

Intention of investment

Intention of investment
Forestry unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
Intended (Under negotiation)
[2002] Concluded (Contract signed)
Comment on negotiation status
The lease for the Mampong plantation was registered with the Lands Commission in 2002

Implementation status

Implementation status
[2000] Startup phase (no production)
[2006] Project abandoned
Comment on implementation status
Trees were planted and plantations were operational in early 2000's (Mampong and Somanya). It is not clear if trees were ever harvested. Due diligence analysis conducted in 2009.

Operating company

Comment on investment chain
Severe conflict between Osei Bonsu (Ghanean minority shareholder and director of the plantations) and John von Berg (Global Green which has a number of Dutch investors)

 

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Data source #1

Data source type
Media report
File
Date
2011-03-11
Comment on data source
Webpage no longer working- http://wiki.hardhout-investeringen.net/Bonsuvonberg_Farms

Data source #2

Data source type
Personal information
Includes in-country-verified information
Yes

Data source #3

Data source type
Media report
File
Date
2006-05-16
Comment on data source
Foundation of investors in Global Green Plantations. Press release about Global Green .

Data source #4

Data source type
Media report
File
Date
2011-03-11
Comment on data source
Webpage no longer working- http://wiki.hardwood-investments.net/Global_Green

Data source #5

Data source type
Company sources
File
Comment on data source
Sicirec assisted in assessing the viability of plantations in 2009.

Detailed crop, animal and mineral information

Crops area
Teak

Overall comment

Overall comment
Severe conflict between Ghanean and Dutch investors, resulted in violent situations. It appears that the Dutch investor Global Green left Ghana in 2005 (the Foundation of participants in Ghana plantations mentions it represents around 280 participants who invested between 1995-2005 - source:http://www.vdpg.nl/)

June 29, 2020, 10:15 p.m.

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June 29, 2020, 10:13 p.m.

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June 14, 2018, 12:02 p.m.

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March 10, 2016, 11:44 a.m.

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May 17, 2013, 12:05 p.m.

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March 13, 2013, 8:22 p.m.

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

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