Deal #4751

Location #1

Spatial accuracy level
Administrative region
Location
Nhamatanda, Mozambique

Target country
Mozambique
Comment on location
Town of Cheadeia in Nhamatanda district of Sofala.

Land area

Intended size (in ha)
500
Size under contract (leased or purchased area, in ha)
[2007] 30
[2014] 120
Comment on land area
The trial planting of cashews was well received, thus the company increased to the size under contract.

Intention of investment

Intention of investment
Food crops, Livestock
Comment on intention of investment
The company was primarily interested in cattle farming, until 2012 where the company diversified into cashew farming.

Negotiation status

Negotiation status
[2007] Concluded (Contract signed)

Implementation status

Implementation status
[2007] In operation (production)
Comment on implementation status
Cattle production commenced immediately, while cashew production commenced in 2012.

Contract farming

Contract farming
No

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of jobs (domestic)
80

Operating company

Operating company
Comment on investment chain
Américo Sebastião is the managing partner. It is unclear who the secondary investor is.

 

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Data source #1

Data source type
Media report
File
Date
2015-08-25
Comment on data source
Farmland Grab - Mozambican company plans to build cashew processing unit

Data source #2

Data source type
Media report
File
Date
2015-08-25
Comment on data source
macauhub - Mozambican company plans to build cashew processing unit

Data source #3

Data source type
Media report
File
Date
2015-08-25
Comment on data source
Nhamatanda: Projectada fábrica de processamento de caju

Detailed crop, animal and mineral information

Crops area
Cashew
Livestock area
Cattle

Use of produce

Has domestic use
Yes
Has export
Yes
Comment on use of produce
Cattle meat is sold exclusively in Beira. Cashews are also to be exported.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Meat processing. Cashew nut processing unit to be installed.

Overall comment

Overall comment
Very little data available on this deal. It is not clear who the secondary investor is.

Nov. 30, 2015, 8:42 a.m.

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