Deal #5892

Zambia
Created at
2018-01-18
Last update
2022-09-19
Last full update
2022-09-19

Land area

Intended size
5 560 ha
Size under contract (leased or purchased area)
  • [current] 5560 ha
Size in operation (production)
  • [2017, current] 3146 ha
Comment on land area
The farm was formed by buying two adjacent titles with an aggregate area of 5,560ha and the objective to develop up to 1,300ha of irrigated land.

Intention of investment

Intention of investment
  • [current] Food crops, Livestock (5560 ha)
Comment on intention of investment
food crops (maize, soya, wheat, and potatoes) and livestock (cattle)

Nature of the deal

Nature of the deal
Outright purchase
Comment on nature of the deal
purchase 4 farms from private owners: Vundu, Venturas, Sichilima and Green Forestry Development (“GFD”).

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)
Comment on negotiation status
Incorporated in Zambia August 2012. Submitted two Environmental and Social Impact Assessments (ESIAs) to Zambia Environmental Management Agency (ZEMA), and received approval March 2015 and August 2015.

Implementation status

Implementation status
  • [2014, current] In operation (production)

Contract farming

Contract farming
Yes
Comment on contract farming
SZL has started to engage with a local non-governmental organization, Musika, to identify areas of collaboration with regards to empowering farmers to benefit from the out grower scheme