(Business in Cameroon) - In the national and international NGOs’ outcries against the environmental threat of the palm plantations in South-West, Cameroon by the American firm, Herakles Farms, they were definitely right about the project.
Yet, the American company finally obtained, with three presidential decrees signed on November 25, 2013, a provisional deal on close to 20,000 hectares of land. The agro-industrial company had 73,000 hectares, according to the convention signed with the Cameroonian government in 2009.
With activities being suspended for a year, the spectre of not obtaining a definitive deal and the possibility of plain and simple abandonment of the project by Herakles Farms are growing more and more.