Deal #4544

Location #1

Spatial accuracy level
Administrative region
Location
Gisenyi, Rwanda

Target country
Rwanda

Land area

Intended size (in ha)
1130.0
Size under contract (leased or purchased area, in ha)
[2014] 1130
Size in operation (production, in ha)
[2014] 880

Intention of investment

Intention of investment
Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2004] Concluded (Contract signed)
[2014] Change of ownership
[2014] Concluded (Contract signed)
Comment on negotiation status
This deal was announced by a filing to the stock exchange by McLeod Russel.

Implementation status

Implementation status
[2004] In operation (production)
Comment on implementation status
Plantation acquired from LAB international Ltd. LAB acquired the plantation in 2004 from the state, original date of production under the state is unknown.

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased farmers (out-grower)
2000
Comment on contract farming
Pfunda gets most of that tea from farmers working their own land

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of employees (domestic)
[2011] 1760
Comment on jobs created (domestic)
Workers fertilizing and cultivating the fields get 700 francs a day, one of the highest payments from any tea company

Operating company

Comment on investment chain
The 90% stake was purchased from LAB International Ltd- a United Kingdom Company.

 

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Data source #1

Data source type
Company sources
File
Comment on data source
L.A.B. International Ltd

Data source #2

Data source type
Media report
File
Comment on data source
Bloomberg Business week- Company Overview of Pfunda Tea Company S.A.R.L.

Data source #3

Data source type
Media report
File
Date
2014-10-21
Comment on data source
Live Mint- McLeod Russel to buy 90% stake in Rwanda tea estate

Data source #4

Data source type
Company sources
File

Data source #5

Data source type
Media report
File
Date
2014-11-09
Comment on data source
Farm Land Grab- Kagame woos Indian investment

Data source #6

Data source type
Government sources
File
Comment on data source
National Agricultural Export Development Board- Tea Factories

Data source #7

Data source type
Media report
File
Date
2009-10-02
Comment on data source
International reporting project- Rwanda tea reigns, makes good cattle fence

Data source #8

Data source type
Media report
File
Date
2011-12-18
Comment on data source
Enclosure- Pfunda Tea Company

Data source #9

Data source type
Company sources
File
Date
2014-03-10
Comment on data source
Birchall Tea adds further strength to Rwandan tea estate with expansion

Data source #10

Data source type
Other (Please specify in comment field)
File
Comment on data source
Youtube video- How is tea produced? Tea processing at the Pfunda Tea Estate

Promised benefits for local communities

Promised benefits for local communities
Productive infrastructure (e.g. irrigation, tractors, machinery...)
Roads

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Comment on former land owner
LAB International Ltd, LAB international Ltd took over the plantation originally from the state in 2004.

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland
Comment on former land cover
Tea Plantations

Detailed crop, animal and mineral information

Crops area
Tea

Use of produce

Has export
Yes
Country 1
United Kingdom of Great Britain and Northern Ireland
Comment on use of produce
Birchall Tea is the brand under which the output is sold in the United Kingdom.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Expected output is 3-3.5 million kg per annum.

Water extraction envisaged

Water extraction envisaged
Yes

Feb. 20, 2020, 8:54 a.m.

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Nov. 13, 2014, 11:54 a.m.

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