Information for 12568IIED
Land deals in Africa: What is in the contracts?
Report/paper, 56 pages
Over the past few years, agribusiness, investment funds and government agencies have been acquiring long-term rights over large areas of land in Africa. Together with applicable national and international law, contracts define the terms of an investment project, and the way risks, costs and benefits are distributed. Who has the authority to sign the contract and through what process greatly influences the extent to which people can have their voices heard. Yet very little is known about the exact terms of the land deals.
This report has been produced under IIED’s Legal tools for citizen empowerment project.
Drawing on the legal analysis of twelve land deals from different parts of Africa, this report discusses the contractual issues for which public scrutiny is most needed, and aims to promote informed public debate about them.
NOTE: The report was revised in March 2011; please refer to this revised version for all purposes.
Investment contracts – from land concessions to production sharing agreements for oil and gas projects – define the terms of an investment and influence the distribution of its costs and benefits. The process to conclude the contracts influences who has what say, when and how. IIED works with partners to rethink these legal documents and the process through which they are formulated.
More at www.iied.org:
Realigning investment contracts with sustainable development