Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3850

Deal #3850 Version #64238

Senegal
Created at
2013-08-19
Last update
2021-03-23
Last full update
2024-01-15

Land area

Intended size
50 000 ha
Size under contract (leased or purchased area)
  • [2010, current] 50000.0 ha
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 investment
  • [current] Biomass for biofuels

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2010, current] Failed (Contract cancelled)
Comment on negotiation status
"I would like to inform you that Senergie SA had the ambition to develop the production of biofuels by planting Jatropha curcas. The project did not work out and all the land was returned to the rural community". This is the email from Amady Madaga Diop, General Manager of the company

Implementation status

Implementation status
  • [2010] Startup phase (no production)
  • [2011] In operation (production)
  • [2015, current] Project abandoned
Comment on implementation status
According to the company a lease agreement has been signed with the Senegal government and planting has started. The company declared bankruptcy on 21/05/2015.

Contract farming

Contract farming
No