| Deal #5901 | Version 74157 | Version 87261 |
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General info | ||
| Size under contract (leased or purchased area) |
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| Size in operation (production) |
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| Comment on land area | covers over 600 hectares of land, on which 300 hectares will be turned over to producing bananas.80 ha planted in 2019 and plan to expand the banana plantings in the area in due course.Currently comprises 128ha of irrigated bananas. In July 2021, it was reported that AgDevCo’s investment will provide QBV with long-term capital to fund the company’s strategic plan to expand to 260 hectares (642.5 acres) over the next two years. | Anoher source mentions that the deal covers over 600 hectares of land, on which 300 hectares will be turned over to producing bananas. 80 ha planted in 2019 and plan to expand the banana plantings in the area in due course.Currently comprises 128ha of irrigated bananas. In July 2021, it was reported that AgDevCo’s investment will provide QBV with long-term capital to fund the company’s strategic plan to expand to 260 hectares (642.5 acres) over the next two years. |
| Intention of investment |
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| Implementation status |
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| Comment on implementation status | In 2018, the project was put on hold due to the ongoing drought and planting recommenced planting in 2019. Quinta da Bela Vista Limitada (QBV) in Southern Mozambique fully began operations in 2019 and now has 117 ha planted to bananas. QBV began their first harvest in May 2020 | In 2018, the project was put on hold due to the ongoing drought and planting recommenced planting in 2019. Quinta da Bela Vista Limitada (QBV) in Southern Mozambique fully began operations in 2019 and now has 117 ha planted to bananas. QBV began their first harvest in May 2020. |
Employment | ||
Investor info | ||
| Name of investment project | Quinta da Bela Vista farm | |
| Comment on investment chain | QBV was established in 2016 as a joint venture between Silverstreet Capital’s Silverlands I Fund and Crookes
Brothers Limited (JSE:CKS) | QBV was established in 2016 as a joint venture between Silverstreet Capital’s Silverlands I Fund and Crookes Brothers Limited (JSE:CKS) |
Local communities / indigenous peoples | ||
Former use | ||
Produce info | ||
| Crops area/yield/export |
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Water | ||
| Use of irrigation infrastructure | Yes | |
Gender-related info | ||
Overall comment | ||
Meta | ||
| Fully updated | No | Yes |
Locations | ||
Data sources | ||
Data source #06yycCwn | ||
| Publication title | Annual report 2017 | |
| Date | 2017 | |
| Comment on data source | Annual report 2017 | |
Data source #T69FZnUZ | ||
| Url | ||
| Comment on data source | AgDevCo | The URL is no longer working- https://www.agdevco.com/uploads/News/Press%20Release_QBV_July%202021.pdf |
Data source #dSEbI4cb | ||
| Comment on data source | Crookes Brothers Limited Integrated Report 2019 | |
Data source #JLRYQITG | ||
| Comment on data source | Crookes Brothers Limited Integrated Report 2018 | |
Data source #cYpsvtEq | ||
| Organisation | Global AgInvesting Media | |
| Comment on data source | Global AgInvesting Media | |
Contracts | ||