Deal #5919

Location #1

Spatial accuracy level
Administrative region
Location
Muranga County, Kenya

Target country
Kenya

Land area

Intended size (in ha)
1200.0
Size under contract (leased or purchased area, in ha)
[1992] 408
[current] 717
Size in operation (production, in ha)
[current] 717
Comment on land area
Kakuzi plans to dedicate up to 1,200 hectares to the production of avocado in the medium term.

Intention of investment

Intention of investment
Food crops
Comment on intention of investment
avocado- Fuerte and Hass cultivars

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[1992] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
79
Not on leased / purchased farmers (out-grower)
[2014] 3000
Comment on contract farming
196 acres Over 3,000 farmers are engaged in contract farming by Kakuzi since 2014. In 2019, Farmers threaten to sue Kakuzi over avocados supply deal.

Operating company

Operating company
Name of investment project
Kakuzi farms

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Media report
File
Publication title
Kenyan Billionaire Investor John Kimani raises stake in Kakuzi plc to 32%
Date
2019-09-24

Data source #3

Data source type
Media report
File
Publication title
Hass avocado set to be Murang'a's cash cow as free seedlings given out
Date
2019-12-09

Data source #4

Data source type
Media report
File
Publication title
Farmers threaten to sue Kakuzi over avocados supply deal
Date
2019-02-04

Detailed crop, animal and mineral information

Crops area
Fruit (unspecified)

Use of produce

Has export
Yes
Country 1
France
Country 1 ratio
70
Country 2
United Kingdom of Great Britain and Northern Ireland
Country 2 ratio
15
Comment on use of produce
European Union (EU) markets. (70%) are exported to France, while 15% goes to the UK with the balance distributed through other EU countries, Switzerland and Scandinavia

In country processing of produce

In country processing of produce
Yes

Feb. 28, 2020, 10:46 a.m.

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May 13, 2019, 3:37 p.m.

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Jan. 26, 2018, 10:49 a.m.

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