Deal #3431

Senegal
Created at
2013-03-22
Last update
2024-01-15
Last full update
2024-01-15

Land area

Intended size
60 000 ha

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Now switched to pure contract farming and not leasing any land.

Negotiation status

Negotiation status
  • [2011] Intended (Under negotiation)
  • [current] Failed (Negotiations failed)
Comment on negotiation status
An MoU has been signed with local communities of Anambe, Velingara to facilitate acquisition of 60,000 ha of land. Nothing came out of the MOU. The company now has contract farming only.

Contract farming

Contract farming
Yes
On leased / purchased
No
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 200 ha
Comment on contract farming
More than 200 ha of paddy has been sown and is ready for harvest according to the company (date unclear).