Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1795

Deal #1795 Version #55449

Senegal
Created at
2013-02-15
Last update
2017-04-03
Last full update
2024-10-24

Land area

Intended size
3 000 ha
Size under contract (leased or purchased area)
  • [2009] 300.0 ha
  • [2010] 500.0 ha
  • [2015, current] 1430.0 ha
Size in operation (production)
  • [2012] 70.0 ha
  • [2013] 150.0 ha
  • [2014] 700.0 ha
  • [2015, current] 900.0 ha
Comment on land area
Started with 300ha in 2009, expanded to 500ha in 2010 and up to 3000ha. Another data source states 902 ha only. Company website states size under contract is 3000ha, while the audit produced by the EES firm for the Senegalese Ministry of environment in March 2015 states size under contract is 1430ha. Another data source states the size under contract is only 1112ha (Enda Pronat). IPAR states land size is 1,563ha. Another data source states that the company has over 2000ha and the company is submitting applications for land in other communities (encompasses land that was not exploited at the end of 2014, plus the land that is currently being cultivated).

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2009, current] Concluded (Contract signed)
Comment on negotiation status
300ha exploited in 2009, 500 ha exploited in 2010. Another source states that the company arrived in the area in 2006.

Implementation status

Implementation status
  • [current] In operation (production)

Leasing fees

Comment on leasing fee
The company benefits from a number of tax concessions, including a ten-year exemption from value-added tax and customs duties.

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Comment on contract farming
SCL is liaising with small local farmers for the production of sweet potatoes.