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Sudan: Understanding Land Investment Deals in Africa

added by South Dakota Lawyer in Environmental & Natural Resources Lawyer @ Jul 8, 2011 16:18

Sudan: Understanding Land Investment Deals in Africa. The Oakland Institute takes a closer look at South Sudan's largest land deal to date - the granting of a 49-year lease of 600,000 hectares of land to US-based firm Nile Trading and Development Inc (NTD) by the shadowy Mukaya Payam Cooperative in March 2008. For a sum equivalent to around US$25,000, NTD has full rights to exploit all natural resources in the leased land during this period.

Source: Sudan: Understanding Land Investment Deals in Africa

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