The combined force of the U.S. based Oakland Institute's research and advocacy on African land deals and local, democratic activism in South Sudan has effectively stalled plans for the largest land deal in the area.
Company: Nile Trading & Development
Reports and Briefs
The largest land deal in South Sudan to date was negotiated between a Dallas, Texas-based firm, Nile Trading and Development Inc. (NTD) and Mukaya Payam Cooperative in March 2008. The 49-year land lease of 600,000 hectares (with a possibility of 400,000 additional hectares) for 75,000 Sudanese Pounds (equivalent to approximately USD 25,000), allows NTD full rights to exploit all natural resources in the leased land.