Deal #7398

Location #1

Spatial accuracy level
Approximate location
Location
Pujehun, Sierra Leone

Target country
Sierra Leone
Location description
Pujehun district in the southern province of Sierra leone
Comment on location
Southern district of Sierra Leone

Land area

Size under contract (leased or purchased area, in ha)
[2012] 47567.7

Intention of investment

Intention of investment
[2012] Agriculture unspecified
Comment on intention of investment
oil palm

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Lease was directly negotiated with landowners and the paramount chief Alhaji Bockarie Zombo..

Negotiation status

Negotiation status
[2012] Concluded (Contract signed)
Comment on negotiation status
The contract was originally signed 2011, in 2012 the contract was surrendered and a new contract was signed 31/12/2012. However, there's no evidence of any action after 2012.

Implementation status

Implementation status
[2012] Project not started
[current] Project abandoned
Comment on implementation status
operation status is listed as "not active"

Leasing fees

Annual leasing fee
2
Annual leasing fee currency
US Dollar ($)
Annual leasing fee type
per ha
Comment on leasing fees
annual leasing fee was us$2 per hectare for the first 7 years, rent was to be reviewed every seven years and a 5% of net profit to be paid as royalty. Data obtained from a formal source (contract).

Contract #1

Contract date
2012-12-31
Duration of the agreement (in years)
50
Comment on contract
The contract was originally signed 2011, in 2012 the contract was surrendered and a new contract was signed 31/12/2012.

Operating company

Comment on investment chain
Aristeus palm oil is defunct. Some sources state that Aristeus palm oil was the previous name and the new name is Sierra Leone Agriculture Ltd, but some sources state that SLA was dissolved in 2010. Lease was definitely signed by Aristeus.

 

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Data source #1

Data source type
Contract
File
Publication title
Lease agreement
Date
2012
Comment on data source
Lease agreement

Data source #2

Data source type
Research Paper / Policy Report
File
Publication title
Communities in Africa fight against the land grab for palm oil
Date
2019
Comment on data source
Operation status of the project highlighted as in active in 2019

Data source #3

Data source type
Media report
File
Publication title
Pujehun Diasporas Reject Land Deal
Date
2013-07-29

Consultation of local community

Community consultation
Limited consultation
Comment on consultation of local community
women and the youth were not allowed to speak during negotiations.

How did the community react?

Community reaction
Rejection
Comment on community reaction
Citizens of Sorogbeima and Makpele Chiefdoms, Pujehun District residing in North America and the United Kingdom have out rightly rejected the terms of the land agreement between Aristeus Palm Oil Limited/ West Africa Agricultural #2 Limited and the two chiefdoms.

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Capacity Building
Other
Comment on promised benefits for local communities
To train employees in a range of skills; provide health care, housing, sanitation and water; providing and supporting primary and secondary education; to employ local persons in preference to expatriates.

Overall comment

Overall comment
This deal is linked to #3005 as some sources state that Aristeus Palm Oil changed its' name to Sierra Leone Agriculture Ltd (later taken over by SIVA)- but #3005 and this lease are separate.

June 23, 2020, 4:38 p.m.

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March 23, 2020, 9:53 a.m.

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March 11, 2020, 1:59 p.m.

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Jan. 9, 2020, 3:14 p.m.

active

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