| Deal #4282 | Version 66725 | Version 95937 |
|---|---|---|
General info | ||
| Intention of investment |
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| Comment on intention of investment | Rice production | |
| Carbon offset project | No | |
| Negotiation status |
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| Comment on negotiation status | AgDevCo is undertaking the early stage development of the project, including technical studies, engineering, and design. | AgDevCo is undertaking the early stage development of the project, including technical studies, engineering, and design. The project only got a smooth sailing after a Memorandum of Understanding (MoU) was signed between the two feuding traditional authorities at Mole in the West Gonja district in September 2014. |
Employment | ||
| Comment on jobs created (total) | AgDevCo is working in collaboration with the Ministry of Food and Agriculture to develop Bamboi (source from year 2021). | |
Investor info | ||
| Operating company | ||
| Actors involved in the negotiation / admission process |
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| Name of investment project | Bamboi | Babator Irrigated Farming Hub (BIFH) |
| Comment on investment chain | AgDevCo is working in collaboration with the Ministry of Food and Agriculture to develop Bamboi. No international actors have invested in the Bamboi irrigation scheme. | The Babator Irrigated Farming Hub (BIFH) is an agricultural project in northern Ghana, covering a 10,369-hectare concession, with over 5,000 hectares of irrigable land. However, in the case, only 4,500 hectares of this total are referenced. The project is developed and managed by AgDevCo, an impact investment organization specializing in African agriculture.
Within BIFH, the Babator Farming Company Limited (BFC) was established as a 356-hectare irrigated commercial farm. In December 2021, Oba Pack Company Limited, a Ghanaian agro-industrial company, acquired BFC from AgDevCo. Therefore, while AgDevCo retains ownership and overall management of the Babator Irrigated Farming Hub, Babator Farming Company Limited is currently owned by Oba Pack Company Limited. |
Local communities / indigenous peoples | ||
Former use | ||
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
Meta | ||
| Fully updated | No | Yes |
Locations | ||
Location #gKkDHGRB | ||
| Description | The project is located in Babator, a community near the border between Ghana's Northern Region and the Brong-Ahafo Region. | |
| Comment | The GCAP does not seem to know this scheme. | |
Data sources | ||
Data source #D6Fq7HLj | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Date | 2012-06-01 | |
Data source #hpS0ysN9 | ||
| Url | ||
| Publication title | Project Components | |
| Date | 2014 | |
| Organisation | sgcap | |
| Comment on data source | URL not found:https://gcap.org.gh/project-components/ | |
Data source #1xdEL464 | ||
| Url | ||
| Comment on data source | URL not found:https://www.farmlandgrab.org/post/print/26547 | |
Data source #JfNXFwFb | ||
| Url | ||
| Publication title | MAKING OUR INVESTMENTS WORK HARDER IMPROVING THE SUSTAINABILITY OF AFRICAN AGRICULTURE. Annual ReVIEW 2013-2014 | |
| Organisation | Agdevco | |
Data source #hXoLwfpD | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | BABATOR IRRIGATED FARMING HUB | |
| Date | 2017 | |
| Organisation | Agdevco | |
Data source #R1GbPSQI | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | RMG Concept Ltd acquires Babator Farming Company Ltd | |
| Date | 2017 | |
| Organisation | Farmlandgrab | |
Contracts | ||
Contract #U1rAYugx | ||
| Duration of the agreement | 50 years | |
| Comment on contract | The intended lease is a 50 year period | |