Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3356
Deal #3356 Version #60289
Kenya
Created at
2013-03-18
Last update
2018-01-15
Last full update
2019-05-02
Land area
Intended size
3 800 ha
Size under contract (leased or purchased area)
- [2012, current] 3800.0 ha
Size in operation (production)
- [2012, current] 3800.0 ha
Comment on land area
3800 nucleus farm
Intention of investment
Intention of investment
- [current] Biomass for biofuels, Food crops, Renewable energy unspecified
Nature of the deal
Nature of the deal
Outright purchase
Comment on nature of the deal
Ownership
Negotiation status
Negotiation status
- [1971, current] Concluded (Contract signed)
Implementation status
Implementation status
- [1971] In operation (production)
- [2017] Startup phase (no production)
- [2017, current] In operation (production)
Comment on implementation status
Company received Sh500 million bailout in 2015. In 2017- production was stopped due to mismanagement, repairs and maintenance. The operations were started again in November 2017. Expecting full production again by 2019.
Contract farming
Contract farming
Yes
On leased / purchased
Yes
On leased area/farmers/households
- [current] 64000.0 ha
Comment on contract farming
64000ha outgrowers (approx 66000 small farmers). Farmers faced delayed payouts in 2017.