Herakles Farms, owned by New York venture-finance firm Herakles Capital, and other food giants such as Malaysia's Sime Darby and Singapore's Olam, see the next big growth area down the west coast of Africa, from Liberia to Gabon (...) That, said Samuel Nguiffo of Yaounde based lobby group the Centre for Environment and Development, is rock-bottom of a local scale that has offered land at an average 2,500 CFA francs ($4.78) per year for logging contracts and anything up to $13 per hectare for crops such as sugar cane.