Deal #5394

Rwanda
Created at
2017-03-03
Last update
2024-03-18
Last full update
2024-03-18

Land area

Intended size
10 000 ha
Comment on land area
Rai Group initially wanted 10,000ha but the government guaranteed 8,000ha only.

Intention of investment

Intention of investment
  • [current] Food crops
Comment on intention of investment
Production of sugar

Carbon offset project

Carbon offset project
No

Nature of the deal

Comment on nature of the deal
It is not clear whether land will be leased or bought. One source states that the contact was delayed for several reasons, including the fact that Rai Group was not ready to buy land for the project upfront.

Negotiation status

Negotiation status
  • [2017] Intended (Under negotiation)
  • [2018] Intended (Under negotiation)
  • [current] Failed (Negotiations failed)
Comment on negotiation status
Contract was intended to be signed by end of January 2017. By end of January 2018 contract has still not been signed. There is still no information that the deal was signed (2024).