Deal #5907

Location #1

Spatial accuracy level
Administrative region
Location
Leopard Gorge, Mara North Conservancy, Kenya

Target country
Kenya

Land area

Size under contract (leased or purchased area, in ha)
[current] 36400
Comment on land area
Over time, the Game Reserve expanded to cover 90,000 acres (364km2).

Intention of investment

Intention of investment
Livestock, Tourism, Conservation
Comment on intention of investment
Ol Pejeta integrates cattle with wildlife.

Nature of the deal

Nature of the deal
Outright Purchase
Comment on nature of the deal
In 2004, the ranch was purchased by the U.K.-based conservation organisation, Fauna &Flora International (FFI), with the financial backing of the Arcus Foundation. The land purchase was wholly funded by a $15 million donation from the Arcus Foundation to secure the 90,000 acres.

Negotiation status

Negotiation status
[2005] Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Purchase price

Purchase price
15000000
Purchase price currency
US Dollar ($)
Purchase price area type
for specified area
Purchase price area
36400
Comment on purchase price
The land purchase was wholly funded by a $15 million donation from the Arcus Foundation to secure the 90,000 acres. The information was obtained from a formal source (company sources).

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes

Operating company

Name of investment project
Ol Pejeta Conservancy
Comment on investment chain
In 2004, the ranch was purchased by the U.K.-based conservation organisation, Fauna &Flora International (FFI), with the financial backing of the Arcus Foundation, a private international philanthropic organisation founded by Jon Stryker. The land purchase was wholly funded by a $15 million donation from the Arcus Foundation, which worked in tandem with FFI and the Lewa Wildlife Conservancy to secure the 90,000 acres. Ownership was transferred from FFI to a Kenyan non-profit entity (Ol Pejeta conservancy) in 2005 under a long-term management agreement.

 

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Data source #1

Data source type
Media report
File
Comment on data source
Ol Pejeta Conservancy

Data source #2

Data source type
Media report
File
Comment on data source
OL KINYEI IN NORTHERN MASAI MARA

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Company sources
File
Publication title
Annual Report
Date
2018

Data source #5

Data source type
Company sources
File
Comment on data source
Company history

Data source #6

Data source type
Company sources
File
Comment on data source
Fauna Flora International website

Data source #7

Data source type
Company sources
File

Data source #8

Data source type
Other (Please specify in comment field)
File

Materialized benefits for local communities

Materialized benefits for local communities
Health
Education
Capacity Building
Other

Former land owner (not by constitution)

Former land owner
Community
Comment on former land owner
171 local private landowners (part of the Ol Kinyei Group Ranch)

Former land use

Former land use
Pastoralism
Comment on former land use
Cattle ranch

Former land cover

Former land cover
Shrub land/Grassland (Rangeland)
Comment on former land cover
open Savannah grassland

March 2, 2020, 5:25 p.m.

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Jan. 23, 2018, 1:21 p.m.

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