Deal #3352

Gabon

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Created at

2013-03-18

Last update

2021-05-03

Last full update

2021-05-03

Overall comment

Belgian company SIAT received a €10 million loan from the African Development Bank in 2007 to improve and expand its oil palm & rubber developments in Gabon, including the planting of a new 4,250 hectare oil palm plantation at Bindo. A press report in March 2010 claimed that SIAT’s oil palm processing facilities in Lambaréné and Makokou, Gabon had caused significant pollution of rivers. Previously state-owned.