Deal #6827

Kenya
Created at
2019-03-12
Last update
2022-09-07
Last full update
2022-09-07

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Green Arava Ltd (Israel) Other
  • Israeli Embassy in Kenya Government / state institutions (government, ministries, departments, agencies etc.)
  • National Irrigation Board Government / state institutions (government, ministries, departments, agencies etc.)
  • Government of Kenya Government / state institutions (government, ministries, departments, agencies etc.)
Name of investment project
Galana-Kulalu irrigation project
Comment on investment chain
The contract for development and running of project handed to Green Arava Ltd (Israel). Farmland grab states the company name is Agro Green (Israel) and signed a US$ 165 million contract with the government. The Israeli Embassy in Kenya was also involved in the project. Although the Government of Kenya allocated Ksh 4.5 billion during the initial stage in 2013/14, subsequentallocations reduced significantly, hindering the contracted firm from meeting their targets. This was even madeworse in 2018/19 when the budgetary allocation did not earmark any amount to the project, while in 2019/20 itwas allocated only Ksh 10 million
Network of parent companies and tertiary investors/lenders
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Legend
  • Is operating company of
  • Is parent company of
  • Is tertiary investor/lender of