Deal #3788

Location #1

Spatial accuracy level
Administrative region
Location
Tuy, Burkina Faso

Target country
Burkina Faso
Comment on location
Boni village

Land area

Intended size (in ha)
200000.0
Size under contract (leased or purchased area, in ha)
[2009] 644
Size in operation (production, in ha)
[2009] 644

Intention of investment

Intention of investment
Biofuels, Food crops, Renewable Energy

Nature of the deal

Nature of the deal
Outright Purchase
Lease
Comment on nature of the deal
The company owns 200ha and leases 300ha in Boni.

Negotiation status

Negotiation status
[2007] Concluded (Contract signed)

Implementation status

Implementation status
[2011] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
3000
Comment on contract farming
In total about 4000ha have been planted The company works with many local women who produce shea nuts.

Contract #1

Duration of the agreement (in years)
50

Operating company

Comment on investment chain
It seems as if the company has received grant funding from the World Bank and the AfDB.

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Research Paper / Policy Report
File
Comment on data source
ILC: Investissements et régulation des transactions foncières de grande envergure en Afrique de l’Ouest

Data source #4

Data source type
Other (Please specify in comment field)
Comment on data source
Facebook page of the company, which seems to be updated more often than the company's website.

Data source #5

Data source type
Other (Please specify in comment field)
Date
2019-07-02
Comment on data source
You Tube video with founder of AgriTech

Detailed crop, animal and mineral information

Crops area
Jatropha, Peanut (groundnut), Sun Flower
Comment on crops
Shea nut production

Detailed contract farming crop and animal information

Comment on contract farming crops
Shea nuts sourced from local women

Use of produce

Has domestic use
Yes
Domestic use
100

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Biofuel production + electricity generation Shea nuts are combined with natural oils to make cosmetic products.
Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
The company seems to have developed a model around clean energy activity centres where the local women have access to clean electricity to process their nuts rather than using wood.

Water extraction envisaged

Water extraction envisaged
Yes
Comment on water extraction envisaged
Nurseries are irrigated

Overall comment

Overall comment
The company uses clean energy centres to offer services to local women. The company does not buy the nuts, but the butter which has a higher value. The women are free to sell the butter to other buyers. It has launched a range of cosmetic products.

June 4, 2020, 9:48 p.m.

overwritten

This version

Compare with previous version

May 14, 2018, 9:39 p.m.

overwritten

Show this version

Compare with previous version

Aug. 12, 2013, 2:38 p.m.

overwritten

Show this version

Compare with previous version

June 4, 2013, 11:48 a.m.

active

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.