Deal #3840 Version 86878 Version 92396
Comment on land area
NCCL’s assets consist of five estates on 4380 hectares of land in the Northern Province of Zambia. Approximately 1,580 hectares on three of these estates were previously cultivated for coffee production with dams, canals and reservoirs for irrigation. One report states that 1200ha of coffee is planted in 2015, it is unclear how many hectares were under production for corn and sunflower. The company plans to extend coffee production to 2700ha.
NCCL’s assets consist of five estates on 4380 hectares of land in the Northern Province of Zambia. Approximately 1,580 hectares on three of these estates were previously cultivated for coffee production with dams, canals and reservoirs for irrigation. One report states that 1200ha of coffee is planted in 2015, it is unclear how many hectares were under production for corn and sunflower. The company plans to extend coffee production to 2700ha. The company's assets consists of five estates on 5,866 hectares of land in northern Zambia's Kasama district. Approximately 1,580 hectares on three of these estates were previously cultivated for coffee production with dams, canals and reservoirs for irrigation. Coffee plantations continue to expand (hectares under production).
Comment on intention of investment
Produces Coffee
Produces Coffee,Maize and Sunflower.
Carbon offset project
No
Negotiation status
  • [current] Concluded (Contract signed)
  • [2011] Concluded (Change of ownership)
  • [2012] Concluded (Contract signed)
  • [current] Concluded (Contract signed)
  • [2011-03] Concluded (Change of ownership)
  • [2012-09-19] Concluded (Contract signed)
Comment on negotiation status
NCCL was formed in March 2011 to take over the assets of Kasama Coffee Company, which had been in receivership since 2008. ZDA and the indebted banks had been shareholders of NCCL until this acquisition.
NCCL was formed in March 2011 to take over the assets of Kasama Coffee Company, which had been in receivership since 2008. ZDA and the indebted banks had been shareholders of NCCL until this acquisition. Northern Coffee Corp was acquired by OLAM International for $6.2M on Sep 19, 2012.
Comment on jobs created (total)
The estate, which would employ about 3,000 people during harvest time was expected to yield about 4, 500 tons of Arabica coffee beans by the company's financial year 2021 at steady-state, while the first 300 hectares are expected to be planted in financial year 2013.
Actors involved in the negotiation / admission process
  • Zambia Development Authority Government / state institutions (government, ministries, departments, agencies etc.)
  • Minister of Defense Government / state institutions (government, ministries, departments, agencies etc.)
  • Zambian government Government / state institutions (government, ministries, departments, agencies etc.)
Comment on investment chain
Northern Coffee Corp was acquired by OLAM International for $6.2M on Sep 19, 2012 lam InterThe Singaporean firm is expected to inject a further 40 million dollars as capital expenditure and preoperative expenditure to fully develop 2,000 hectares of the Arabica coffee plantation over the next five yearsnational Limited of Singapore has acquired 100% equity interest in Northern Coffee Corporation Ltd
Promised benefits for local communities
Health, Education, Capacity building
Comment on promised benefits for local communities
Northern Coffee Corporation Limited also supports and trains pupils in agricultural studies especially in the area of coffee farming The company supplements the Government’s efforts in providing quality health services by supporting the health centre with transport and logistics during outreach programme The Government for send health worker to the institution, to help those who cant access the clinics due to long distance
Crops area/yield/export
  • Coffee Plant, Corn (Maize), Sun Flower [current]
  • Coffee Plant
  • Coffee Plant [2021, current]
  • Corn (Maize), Sun Flower
Comment on crops
During harvest time was expected to yield about 4, 500 tons of Arabica coffee beans by the company's financial year 2021 at steady-state, while the first 300 hectares are expected to be planted in financial year 2013.
Overall comment
Coffee plantations continue to expand (hectares under production).
Coffee plantations continue to expand (hectares under production). Northern Coffee Corporation Ltd, is the the largest coffee estate in Zambia, for approximately US$6.15 million through a bidding process organised by the Zambia Development Authority
Fully updated
No
Yes

Location #ZUD_CiRJ

Comment
5 different estates in Northern Province- Isanya Estates 7KM FROM MBALA TOWN Farm 33
5 different estates in Northern Province- Isanya Estates 7KM FROM MBALA TOWN Farm 33 Located in Kasama, Zambia

Location #KgiEMHcq

Description
, 27KM FROM KASAMA ALONG MBALA RD, Farm 4133
27KM FROM KASAMA ALONG MBALA RD, Farm 4133
Comment
Located in Kateshi Estate
Located in Kateshi Estate,Mbala, Zambia

Location #b2WI3tyJ

Comment
917KM FROM LUSAKA ON MBALA RD, Farm 4127
917KM FROM LUSAKA ON MBALA RD, Farm 4127 Located in Mungwi, Zambia

Data source #gTi4OeO4

Organisation
Olam international

Data source #lpdeAyK_

Organisation
Zambian agribusiness
Comment on data source
Zambian agribusiness

Data source #iYuCo4m0

Publication title
Lusaka Times -- ZDA sells Northern Coffee to Olam International for US$6.15M
ZDA sells Northern Coffee to Olam International for US$6.15M
Organisation
LUSAKA TIMES

Data source #ECCnSeD-

Name
Xinhua

Data source #7ZbRfeH5

File
Organisation
straits times

Data source #ylk_m0ve

Url
Organisation
Olam group
Comment on data source
Olam
URL link no longer available: http://49tmko49h46b4e0czy3rlqaye1b.wpengine.netdna-cdn.com/wp-content/uploads/2014/10/Olam-Annual-Report-2014.pdf

Data source #oLgf4Pn9

Name
olam group

Data source #kspb0HoB

File
Type
Media report
Url
Keep PDF not public
No
Publication title
Crunchbase Company Profile & Funding
Date
2023
Organisation
crunch base

Data source #XR0xkx9m

Type
Media report
Url
Keep PDF not public
No
Publication title
Northern Province: Zambia’s leading coffee producer
Date
2022-09-07
Organisation
trade mark africa