Deal #4619

Land area

Intended size

3 200 ha

Size under contract (leased or purchased area)

[2015, current] 3200.0 ha

Intention of investment

[current] Food crops

Comment on intention of investment

• Reclamation, rehabilitation and development of arable lands for agricultural production. • Leasing heavy machinery and various agricultural machinery and equipment. • Agricultural crop production. • Supply of agricultural inputs (fertilizers, Pesticides and Seeds). • Provide harvesting services.

Nature of the deal

Lease

Comment on nature of the deal

Leased by the Mauritanian government

Negotiation status

[2013] Concluded (Contract signed)
[2021, current] Failed (Contract cancelled)

Comment on negotiation status

The Mauritanian government has canceled a concession of 3,200 hectares granted to AAAID. This decision falls within the framework of the will of the government of President El Ghazouani to put an end to the unjustified land grabbing of the populations of the Senegal River valley

Implementation status

[2015] Project not started
[2020, current] Startup phase (no production)
[2021] Project abandoned

Comment on implementation status

The investor is clearing the land with the assistance of the government in 2020. The Mauritanian government cancelled the deal following a verification work, the government decided to denounce this convention on March 10, 2021, considering that it is not in accordance with the interests of the Mauritanian party .

Leasing fees

Comment on leasing fee

$ 1.6 million paid for the lease. Information from media report.

Contract farming

No