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Deal #3850

Location #1

Spatial accuracy level
Administrative region
Location
Louga, Senegal

Target country
Senegal

Land area

Intended size (in ha)
50000
Size under contract (leased or purchased area, in ha)
[2010] 50000
Comment on land area
One report states 5,000 hectares of land under contract, which could be increased to 50,000ha.

Intention of investment

Intention of the investment
Biofuels

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)
Comment on negotiation status
56.7 million Euro investment

Implementation status

Implementation status
[2010] Startup phase (no production)
[2011] In operation (production)
Comment on implementation status
According to the company a lease agreement has been signed with the Senegal government and planting has started. Jeremy states that the project may be abandoned.

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
50

Operating company

Operating company
Comment on investment chain
It is unclear who owns the other 40% of Senergie S.A.

 

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Data source #1

Data source type
Media report
File
Date
2010-08-05
Comment on data source
Bloomberg- Italian investors biofuel project sparks Kenyan opposition

Data source #2

Data source type
Company sources
File
Comment on data source
Company website- URL no longer working (brings you to an online clothing store)- http://www.niisrl.eu/index.php?option=com_content&view=article&id=1&Itemid=3

Data source #3

Data source type
Research Paper / Policy Report
File
Comment on data source
Land Grabbers: Italy’s involvement in the Great Land Grab. Re:Common. June 2012.

Data source #4

Data source type
Media report
File
Date
2014-04-29
Comment on data source
Green Report: Biocarburanti e land grabbing italiano: energia per l’Ue ma rischio fame per l’Africa

Data source #5

Data source type
Media report
File
Date
2014-09-06
Comment on data source
Secondo le stime della Banca mondiale il fenomeno ha coinvolto fino a 80 milioni di ettari nel Sud del Mondo dove le multinazionali prendono in affitto enormi appezzamenti a prezzi irrisori per investire in agricoltura e biocarburanti. L'Italia ha cercato fortuna principalmente nel paese africano, ma spesso gli investimenti non hanno prodotto nessun beneficio per le popolazioni e l'economia locali

Data source #6

Data source type
Media report
File
Date
2011-10-15
Comment on data source
Swedish Manufacturing Giant Uses Italian Muscle In Displacing Aboriginal Peoples from Their Ancestral Homelands to Cut Down Rainforests for Biofuels Production

Data source #7

Data source type
Personal information
Date
2015-10-21
Comment on data source
This case may be abandoned.

Detailed crop, animal and mineral information

Crops area
Jatropha

Use of produce

Has domestic use
Yes
Domestic use
30
Has export
Yes
Export
70
Country 1
Italy
Comment on use of produce
Europe

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
Project may be abandoned.

Dec. 13, 2016, 10:27 a.m.

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Dec. 13, 2016, 10:23 a.m.

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Dec. 13, 2016, 10:05 a.m.

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Nov. 23, 2015, 10:29 a.m.

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Aug. 21, 2015, 11:47 a.m.

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Aug. 19, 2013, 2:04 p.m.

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Aug. 19, 2013, 1:16 p.m.

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