Deal #7015

Location #1

Spatial accuracy level
Exact location
Location
Talana Farm, Botswana

Latitude
-22.2336198
Longitude
28.996525399999996
Target country
Botswana
Comment on location
Tuli Block

Land area

Size in operation (production, in ha)
[current] 512
Comment on land area
Size under contract is unclear. Size under operation: almost full production with fields including 150 hectares of white maize, 350 hectares of sugar beans, two hectares of tomatoes and butternuts and 10 hectares of Lucerne

Intention of investment

Intention of investment
[current] Food crops, Fodder
Comment on intention of investment
white maize, sugar beans, tomatoes, butternuts and lucerne.

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
The land is owned by Botswana development corporation- a state entity- and they lease it out to the investors.

Negotiation status

Negotiation status
[2016, current] Concluded (Contract signed)
Comment on negotiation status
There were previous investors that went into liquidation (Botalana Ventures’ operating company Talana Farms which used to operate in the farm on behalf of BDC was put under liquidation).

Implementation status

Implementation status
[current] In operation (production)

Contract farming

Contract farming
No

Contract #1

Contract date
2016
Contract expiration date
2031
Duration of the agreement (in years)
15
Comment on contract
15-year lease by Botswana Development Corporation in 2016

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of jobs (domestic)
[2019, current] 91

Operating company

Operating company
Name of investment project
Talana Farms
Comment on investment chain
Operating company previously known as Talana Farms (PTY) ltd

 

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Data source #1

Data source type
Media report
File
Publication title
Talana Farms springs back to life
Date
2019-05-20

Data source #2

Data source type
Government sources

Data source #3

Data source type
Other (Please specify in comment field)
Comment on data source
SPEDU has provided support for the project, although it is un-clear in what capacity.

Data source #4

Data source type
Media report
File
Publication title
BDC COULD SOON NAME TALANA FARMS OPERATING PARTNER
Date
2017-10-08

Detailed crop, animal and mineral information

Crops area
Bean, Corn (Maize), Fodder Plants (unspecified), Tomatoes, Vegetables (unspecified)
Comment on crops
white maize, sugar beans, tomatoes, butternuts and lucerne.

Use of produce

Has domestic use
Yes
Domestic use
100
Comment on use of produce
produce from the farm was absorbed Botswana Agricultural Marketing Board and local retailers

In country processing of produce

Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
P67 million investment of high capacity storage silos

Water extraction envisaged

Water extraction envisaged
Yes

How much water is extracted?

Use of irrigation infrastructure
Yes
Comment on use of irrigation infrastructure
450ha under centre pivots, 8ha under drip irrigation.

May 22, 2019, 1:19 p.m.

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