Deal #8723 | Version 83989 | Version 94859 |
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General info | ||
Size under contract (leased or purchased area) |
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Intention of investment |
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Carbon offset project | No | |
Comment on carbon offset project | Has not been explicitly registered as a REDD+ project. However, it operates with a focus on carbon offsetting through sustainable forestry and conservation practices, aiming to generate carbon credits by preventing deforestation. The project promotes itself as a "Nature-Based Solution" to address carbon emissions and has implemented conservation measures across large portions of its land concessions. | |
Comment on implementation status | Sugar trial planted. Planned to open the safari lodge in 2020. "Regrettably due to high level corruption the company has been forced to cease operations there and we are now involved in formal arbitration against the Government of Gabon through the Paris Chamber of Commerce." (https://grassland.org.za/who-we-are/members/leo-smith-kevin)
November 09, 2020: the "reactivation" of the "Grande Mayumb" project is announced | Sugar trial planted. Planned to open the safari lodge in 2020. "Regrettably due to high level corruption the company has been forced to cease operations there and we are now involved in formal arbitration against the Government of Gabon through the Paris Chamber of Commerce." (https://grassland.org.za/who-we-are/members/leo-smith-kevin) |
Employment | ||
Investor info | ||
Comment on investment chain | Partnership with Government of Gabon. The company works through a number of individual business entities, e.g. Grande Mayumba Agriculture Company for the agricultural activities and Grande Mayumba Port and Services Company for infrastructural activities. The Grande Mayumba Development Compagny (GDMC) is a public-private partnership between the Gabonese State and SFM africa (SFM africa holds 66% at the start of this partnership and the State 34%).SFM is working on a 250,000 hectare forest concession within a concession that is part of the project with the Great Mayumba Development Company | The company partners with the Government of Gabon through various business entities, such as the Grande Mayumba Agriculture Company for agricultural activities and the Grande Mayumba Port and Services Company for infrastructure projects. The Grande Mayumba Development Company (GMDC) is a public-private partnership between the Gabonese State and SFM Africa, with SFM Africa holding 66% at the start and the State holding 34%. SFM is working on a 250,000-hectare forest concession within the GMDC project area. |
Local communities / indigenous peoples | ||
Comment on displacement of people | The Grande Mayumba project has not explicitly reported any forced displacements of local populations. However, community members and civil society groups have raised significant concerns regarding restrictions on land use that effectively limit access to traditional livelihoods, such as fishing and agriculture. These restrictions, associated with the projectβs conservation areas and its impact on the marine and coastal zones, have been perceived as a form of indirect displacement. | |
Negative impacts for local communities | Other | |
Comment on negative impacts for local communities | The Grande Mayumba project has had adverse effects on local communities, primarily by restricting access to vital resources and disrupting traditional livelihoods. Coastal protection measures have limited artisanal fishers' access to fishing grounds, crucial for their economic stability. Additionally, land reallocation for conservation or commercial activities has reduced areas available for agriculture, raising concerns about food security among community members. The increased presence of wildlife in designated conservation zones has heightened risks of human-wildlife conflicts, particularly affecting farms near these areas. | |
Comment on promised benefits for local communities | Over the next few years, more than US$160 million will be invested in commercial activities and infrastructure in Grande Mayumba generating substantial socio-economic benefits.Over the next 5 years, Grande Mayumba is investing upwards of USD 200 million in agribusiness, forestry and timber processing, eco-tourism, logistics services, together with municipal infrastructure including the road networks, housing, electricity, water, sanitation, healthcare and educational services necessary to support the influx of up to 30,000 people into Mayumba town and the surrounding area. | Over the next few years, more than US$160 million will be invested in commercial activities and infrastructure in Grande Mayumba generating substantial socio-economic benefits. Over the next 5 years, Grande Mayumba is investing upwards of USD 200 million in agribusiness, forestry and timber processing, eco-tourism, logistics services, together with municipal infrastructure including the road networks, housing, electricity, water, sanitation, healthcare and educational services necessary to support the influx of up to 30,000 people into Mayumba town and the surrounding area. |
Presence of organizations and actions taken (e.g. farmer organizations, NGOs, etc.) | The World Rainforest Movement (WRM) has been particularly active in raising concerns about the Grande Mayumba project's impact on local livelihoods and lack of meaningful consultation with communities. WRM has documented and amplified the grievances of local residents, focusing on restricted access to essential fishing and agricultural areas, which raises concerns about food security. Through advocacy efforts, WRM has highlighted these issues at international forums, advocating for the rights of local communities affected by the projectβ. | |
Former use | ||
Produce info | ||
Crops area/yield/export |
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Comment on crops | Sugar cane will be the anchor crop, with 23,000 ha zoned for its cultivation..Expected production of the sugar project: 250,000 tonnes per year, to be implemented over the next three to five years. | Sugar cane will be the anchor crop, with 23,000 ha zoned for its cultivation. Expected production of the sugar project: 250,000 tonnes per year, to be implemented over the next three to five years.
Timber products |
Comment on livestock | The other major focus will be the progressive development of an existing cattle ranching business with 6,500 head of cattle expanding to 10,000 to meet the need for locally produced protein and reduce the consumption of bushmeat. - This might relate to the SIAT owned Nyanga Ranch (deal 3352) | The other major focus will be the progressive development of an existing cattle ranching business with 6,500 head of cattle expanding to 10,000 to meet the need for locally produced protein and reduce the consumption of bushmeat. This might relate to the SIAT owned Nyanga Ranch (deal 3352). |
Water | ||
Gender-related info | ||
Overall comment | ||
Overall comment | The company also operates an eco-tourism business, African Equatorial Safaris, which is developing an eco-lodge at Petit Loango in Loango National Park. It has also entered into a JV with Cora Woods, African Equatorial Hardwoods, for forestry purposes (deal 5032). | The Grande Mayumba Development Company (GMDC) operates an eco-tourism business, African Equatorial Safaris, which is developing an eco-lodge at Petit Loango in Loango National Park. Additionally, GMDC has partnered with CorΓ Wood Gabon (CWG) to form African Equatorial Hardwoods (AEH), a joint venture that combines GMDC's forestry resources with CWG's industrial expertise. This partnership provides AEH access to over 400,000 hectares of forestry concessions, enhancing its role in Gabon's timber industry (deal 5032). |
Meta | ||
Fully updated | No | Yes |
Locations | ||
Data sources | ||
Data source #KYJoShqQ | ||
Url | ||
Date | 2022-01-24 | |
Organisation | African conservation developmentngroup | |
Comment on data source | URL not found:https://africanconservationdevelopmentgroup.com/project/ | |
Data source #yzqCYGAk | ||
Name | Danielle D. Legault & Logan Cochrane | |
Organisation | MDPI | |
Data source #9MZi1XLK | ||
Publication title | Mr Kevin Leo-Smith | |
Organisation | Grassland | |
Data source #7YzfnkGP | ||
Name | By Lloyd Gedye | |
Organisation | Mail & Guardian | |
Comment on data source | By Lloyd Gedye for Mail & Guardian | |
Data source #wLM-pnjO | ||
Url | ||
Organisation | ACDG | |
Comment on data source | URL not found:https://africanconservationdevelopmentgroup.com/agriculture/ | |
Data source #vNKwklbR | ||
Organisation | abcg | |
Data source #BiqXr_EH | ||
Organisation | Business live | |
Data source #-XCo7Nr2 | ||
Organisation | WRM | |
Data source #JvA2xBmo | ||
Url | ||
Organisation | African Conservation Development Group | |
Comment on data source | Great Mayumba -African Conservation Development Group | Great Mayumba -African Conservation Development Group
URL not found:https://africanconservationdevelopmentgroup.com/agriculture/ |
Data source #GJh7I6u1 | ||
File | ||
Type | Media report | |
Url | ||
Keep PDF not public | No | |
Publication title | Leo-Smith, Kevin β Grassland Society of Southern Africa (GSSA) | |
Date | 2017 | |
Comment on data source | Alan Bernstein-Grassland Society of Southern Africa (GSSA) | |
Data source #WNGgcCIH | ||
Url | ||
Organisation | Forestlab | |
Comment on data source | Forest Lab | Forest Lab
Url link no longer available: https://forestlab.partners/perspective/perspective-01/natural-capital-investment-provides-a-new-development-model-for-africa
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Data source #nD-Dhe6J | ||
Url | ||
Organisation | StΓ©phane Zeng | |
Comment on data source | Live StΓ©phane Zeng live youtube | Live StΓ©phane Zeng live youtube
URL not found: https://www.youtube.com/watch?v=TK9hcDPm_ow |
Data source #FANu2o4W | ||
File | ||
Type | Company sources | |
Url | ||
Keep PDF not public | Yes | |
Publication title | A new alliance created to launch Gabonβs next sustainable forestry player : African Equatorial Hardwoods | |
Date | 2022-08-04 | |
Organisation | atibt | |
Comment on data source | Partnership Details | |
Contracts |