Deal #3125

Zambia
Created at
2013-02-24
Last update
2020-07-23

Land area

Intended size
12 822 ha
Size under contract (leased or purchased area)
  • [2013, current] 12822.0 ha
Size in operation (production)
  • [2013, current] 2611.0 ha

Intention of investment

Intention of investment
  • [2013, current] Food crops (12822.0 ha)

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [1995] Concluded (Contract signed)
  • [2013, current] Concluded (Contract signed)
Comment on negotiation status
Was part of Mpongwe Development Corporation, the farm was initially privatised in 1995 when it was bought out by CDC. This estate was managed by a group of Danish farmers with financial support from the IDU between 2006 and 2013. The farm changed ownership in 2013 to Chayton Africa.

Implementation status

Implementation status
  • [2013, current] In operation (production)

Contract farming

Contract farming
No