Deal #4464

Location #1

Spatial accuracy level
Administrative region
Location
Déhané, Cameroon

Target country
Cameroon

Land area

Intended size (in ha)
800.0
Size under contract (leased or purchased area, in ha)
[2014] 800
Comment on land area
To be implemented in stages- the first stage will be 50 hectares.

Intention of investment

Intention of the investment
Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2014] Concluded (Contract signed)

Implementation status

Implementation status
[2014] Project not started

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
25

Operating company

Comment on investment chain
The Cameroonian state (via the SNI, 12.5% ​​of the capital), the IFU: Industrialization Fund for Developing Country-Denmark (12.5% ​​of the capital), private Cameroonians (5.6% of the capital), French individuals (48.76% of the capital) and MAERSK (20.62% of the capital)

 

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Data source #1

Data source type
Company sources
File
Comment on data source
Company website

Data source #2

Data source type
Media report
File
Date
2014-09-04
Comment on data source
Farmland Grab- Cameroon to develop 800 additional hectares of bananas

Data source #3

Data source type
Research Paper / Policy Report
File
Comment on data source
Agro-industrial investments in Cameroon: Large Scale land acquisitions since 2005. Samuel Nguiffo and Michelle Sonkoue Watio

Recognitions status of community land tenure

Recognition status of community land tenure
Community traditional or customary rights recognized by government

Presence of land conflicts

Presence of land conflicts
No

Displacement of people

Displacement of people
No

Former land owner (not by constitution)

Former land owner
Community

Former land use

Former land use
Smallholder agriculture

Detailed crop, animal and mineral information

Crops area
Banana

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
No

Water extraction envisaged

Water extraction envisaged
Yes

Source of water extraction

Source of water extraction
Surface water (River)

Overall comment

Overall comment
#1156 contains additional production activities by the company in Cameroon.

July 9, 2019, 1:16 p.m.

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July 9, 2019, 10:06 a.m.

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April 15, 2015, 6:59 p.m.

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Sept. 9, 2014, 4:10 p.m.

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