Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4603
Deal #4603 Version #68608
Gabon
Created at
2015-03-03
Last update
2020-01-15
Last full update
2021-04-26
Land area
Size under contract (leased or purchased area)
- [current] 0.0 ha
Comment on land area
One source states that the project is 200,000 hectares-
120,000 will go to small-scale farmers and 80,000 to industrial agriculture. For now the only activity is outgrower scheme which is 58400ha (planted area 7502ha)
Intention of investment
Intention of investment
- [current] Food crops, Agriculture unspecified
Nature of the deal
Nature of the deal
Pure contract farming
Comment on nature of the deal
Each farmer will be awarded a title deed for their 7hectares.
Negotiation status
Negotiation status
- [2014] Intended (Under negotiation)
- [2015, current] Concluded (Contract signed)
Comment on negotiation status
Olam joined the scheme in 2015- originally started in 2014.
Implementation status
Implementation status
- [2015, current] In operation (production)
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
- [current] 58400.0 ha
Comment on contract farming
Under the Gabonaise des Réalisations Agricoles et des Initiatives des Nationaux Engagés (Graine) scheme. Land allocated to co-operatives of Gabonese citizens. Each farmer will receive around 7hectares each. The government aims to attract 20,000-30,000 households. 42000ha under oil palm and 8000ha under food crops.