Benin

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Contents

Overview

Benin is a West African country geographically located between Nigeria and Togo.

News

2011

  • Palm Oil Fuels Land Grabs In Africa – Analysis, 18 September 2011 by Eurasia Review: "Malaysia and Indonesia currently account for about 83 per cent of production and 89 per cent of global exports of palm oil."
    • "A recent moratorium in Indonesia on new concessions for land in forest areas and peat-lands, as full of loopholes as it may be, is driving industrial giants such as Sime Darby, Olam International and Wilmar International and a host of European, American and Asian investors and speculators seeking to get in on the palm oil boom to search for new lands."
    • "In Liberia, a country that was ravaged for years by war, an estimated 5.6 per cent of the total land mass has been leased out to foreign investors for palm oil production."
    • "In neighbouring Sierra Leone, another nation trying to regain its own food security and heal itself after a long civil war, European and Asian firms are securing long-term (50 year) leases on at least half a million hectares of farmland, almost 10 percent of the country’s arable land."
    • "In Cameroon, foreign investors from Asia, the US and Europe are rapidly securing enormous land banks, often in fragile forested areas, for palm oil estates. The same is true in Benin, Nigeria, Gabon, the Republic of Congo and the Democratic Republic of Congo, where a Chinese company is reportedly [pdf] working to secure 2.8 million hectares for oil palm for biodiesel production."[1]

2010

  • From palm oil to cotton, Benin now shifts to rice, 4 January 2010 by Daily Nation: "Known for its palm oil and cotton production, Benin’s agriculture sector wants to become known for high-quality rice and to quit importing rice by 2011, according to the government."
    • "FAO estimates Benin is using 8 per cent of available land for rice cultivation and could save $55 million and cover 70 per cent of domestic demand if it invested more in rice production."
    • "West African rice imports reached six million tonnes in 2001 and are likely to rise to 11 million by 2010, according to FAO."

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