Deal #1535
Mozambique
Created at
2013-02-15
Last update
2015-06-19
Land area
Intended size
156 753 ha
Size under contract (leased or purchased area)
- [2005, current] 150000.0 ha
Comment on land area
Might have additional 56,580ha and has applied for further 6,753ha
Intention of investment
Intention of investment
- [current] Biomass for biofuels, Food crops
Comment on intention of investment
Used to harvest coconut- however harvesting was stopped due to pests which were destroying trees.
Negotiation status
Negotiation status
- [2005, current] Concluded (Contract signed)
Comment on negotiation status
Grupo Madal was taken over in 2005 by Rift Valley Holdings (RVH), a company established in 2005 through a merger of the African operations of Saxonian Estates and Höegh Capital Partners. RVH owns/leases roughly 400,000 ha of land in Mozambique, Tanzania, and Zimbabwe. RVH acquired 210,000 ha of land in Niassa Province, Mozambique in 2006 and is also seeking 3,000-5,000 ha for row crops in Burkina Faso.
Implementation status
Implementation status
- [1960, current] In operation (production)
Comment on implementation status
Previously colonial operation.
Contract farming
Contract farming
Yes
On leased / purchased
Yes