Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5477

Deal #5477 Version #72688

Senegal

Created at

2017-04-24

Last update

2017-10-24

Last full update

2022-03-29

Land area

Intended size

10 000 ha

Size under contract (leased or purchased area)

[2017, current] 10000.0 ha

Intention of investment

[current] Food crops

Comment on intention of investment

There are claims that the land holding is for speculative reasons only.

Nature of the deal

Lease

Comment on nature of the deal

renewable lease

Negotiation status

[2017, current] Concluded (Contract signed)

Comment on negotiation status

Subject to a one-year MOU, whereby if they do not comply with the protocol, the contract is terminated. n°03/CD/CM

Contract farming

Yes

On leased / purchased

Yes

On leased area/farmers/households

[current] 2500.0 ha

Comment on contract farming

2,500 ha will be developed and granted to the populations who wish to take over the operation, with product of the harvest sold exclusively to the comany. Smallholders producing cassava.