Land Deal Brief: Nile Trading and Development, Inc. in South Sudan
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.
Land Deals in Africa: South Sudan
Reports and Briefs
Understanding Land Investment Deals in Africa: South Sudan
On July 9, 2011, the Republic of South Sudan (RSS) became the world’s newest nation. Despite the significant strides that South Sudanese have made since the signing of the Comprehensive Peace Agreement (CPA) in 2005, South Sudan remains one of the least developed countries in the world. In order to meet its developmental challenges, the government of South Sudan has begun promoting large-scale private investments as a shortcut to rapid economic development.
Success at Halting Largest Foreign Land Deal in South Sudan
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.
Land Deal Brief: Nile Trading and Development, Inc. in South Sudan
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.