Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4603

Deal #4603 Version #68613

Gabon

Created at

2015-03-03

Last update

2021-01-14

Last full update

2021-04-26

Land area

Size under contract (leased or purchased area)

[2016, current] 58400.0 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

[current] Food crops, Agriculture unspecified

Nature of the deal

Lease

Comment on nature of the deal

long-term (49 year, renewable to 99 year) agriculture lease (Bail Emphyteotique signed between the Director General of Olam Gabon, the President of Republic of Gabon and Minister of Town Planning and Housing (Ministre de l’Urbanisme et du Logement). Within this, each farmer will be awarded a title deed for their 7hectares.

Negotiation status

[2014] Intended (Under negotiation)
[2016, current] Concluded (Contract signed)

Implementation status

[2016, current] In operation (production)

Contract farming

Yes

On leased / purchased

Yes

On leased area/farmers/households

[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.