Deal #1362

Location #1

Spatial accuracy level
Administrative region
Location
Ndhiwa, Kenya

Target country
Kenya
Comment on location
Outgrower area 2

Location #2

Spatial accuracy level
Administrative region
Location
Homa Bay, Kenya

Target country
Kenya

Location #3

Spatial accuracy level
Administrative region
Location
Rongo, Kenya

Target country
Kenya
Comment on location
Outgrower Area 3

Location #4

Spatial accuracy level
Administrative region
Location
Gwasi Hills, Kenya

Target country
Kenya
Comment on location
Outgrower Area 5

Location #5

Spatial accuracy level
Administrative region
Location
Rangwe, Kenya

Target country
Kenya
Comment on location
Outgrower Area 1

Location #6

Spatial accuracy level
Administrative region
Location
Nyatike Plaza, Nairobi, Kenya

Target country
Kenya
Comment on location
Outgrower Area 4

Land area

Intended size (in ha)
10000
Size under contract (leased or purchased area, in ha)
10000
Comment on land area
1,000ha for the sugar mill factory and for a nursery; the actual planting should be done on the nucleus estate and by out-growers on additional 32000ha. (Member of Parliament representing Ndhiwa constituency and the Homa Bay District’s officials indicated that leasing or buying a piece of land to be used as a private farm and research facility would be secured)

Intention of investment

Intention of the investment
Biofuels, Food crops, Industry, Renewable Energy
Comment on intention of investment
The sugar mill factory: - Sugar production - Ethanol production - Electricity generation

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
Concluded (Contract signed)
[current] Failed (Contract cancelled)

Implementation status

Implementation status
Project abandoned
Comment on implementation status
Project was abandoned when the investor pulled out his stakes because of the post-election violence in Kenya (2007/08)

Contract farming

Contract farming
Yes
On leased / purchased area
Yes
On leased / purchased area (in ha)
10000
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
32000
Comment on contract farming
1000 own farm, 42000 through outgrowers. The total out grower farm area expected to supply the factory is approximately 32,000 ha. Additionally, the NSEP at Homa Bay is recommended to own, cultivate, and operate approximately 10,000ha.

Contract #1

Duration of the agreement (in years)
20

Operating company

Name of investment project
Ngima
Comment on investment chain
Initial Investment Cost: The initial investment cost of the project is estimated to be 320,411,892 Euros. This includes cost of all capital items, development costs, working capital and the cost of finance.

 

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Data source #1

Data source type
Media report
File
Date
2007-10-31
Comment on data source
HG Consulting launches 330 million integrated sugar and bioenergy 'model project' on 42 000 hectares in Kenya

Data source #2

Data source type
Personal information
Date
2013-09-26
Comment on data source
Personal interview with CEO

Detailed crop, animal and mineral information

Crops area
Sugar Cane

Detailed contract farming crop and animal information

Contract farming crops
Sugar Cane

Use of produce

Has domestic use
Yes
Has export
Yes
Comment on use of produce
Sugar to be absorbed into domestic markets while ethanol will be exported

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Sugar factory and ethanol plant power for these factories will be generated using the bagasse produced from cane processing.

Water extraction envisaged

Water extraction envisaged
Yes

Overall comment

Overall comment
$300 million investment

May 13, 2019, 2:39 p.m.

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May 2, 2019, 12:30 p.m.

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Jan. 10, 2018, 4:23 p.m.

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Sept. 9, 2014, 6:12 p.m.

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Sept. 5, 2014, 12:39 p.m.

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Oct. 10, 2013, 8:45 p.m.

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Oct. 10, 2013, 3:23 p.m.

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Oct. 10, 2013, 3:19 p.m.

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Oct. 10, 2013, 3:18 p.m.

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Sept. 30, 2013, 6:39 p.m.

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March 21, 2013, 12:48 p.m.

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March 21, 2013, 12:39 p.m.

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Feb. 15, 2013, 5:01 p.m.

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