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Deal #7679 Version #80714
Uganda
Created at
2020-01-31
Last update
2021-07-29
Last full update
2024-10-09
Land area
Intended size
6 500 ha
Size under contract (leased or purchased area)
- [current] 5463.0 ha
Size in operation (production)
- [2019, current] 3000.0 ha
Comment on land area
Asili Farms is the largest grain and oilseed producer in Uganda on 13,500 acres of land in Northwestern Uganda~5463.2562 hecatares. Currently, the company has over 3,000 hectares of maize at various stages. However, another source claims Asili is farming on 1,200 ha of land in Western Uganda. The ultimate strategic goal of Asili is to have commercial farming operations on around 6,500 ha of long term leased land.
Intention of investment
Intention of investment
- [current] Food crops
Comment on intention of investment
a large scale sustainably-cultivated commercial corn, soy and rice farm
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
The farm owns over 1,500 hectares of land while the rest is rented. Another report claims that Agilis is said to have bought ranches 21-22, from SODARI, an agricultural farm that collapsed. SODARI got a lease from government, which ends in 2025. However, it was revealed to the Land Commission of Inquiry that Agilis, bought land that was leased, yet legally, no one is supposed to buy leased land.
Negotiation status
Negotiation status
- [current] Concluded (Contract signed)
Implementation status
Implementation status
- [2014, current] In operation (production)
Comment on implementation status
Asili became operational in January 2014
Contract farming
Contract farming
Yes
Comment on contract farming
In 2018, Joseph Initiative with Asili Farms, trained more than 3,500 farmers and sourced grain from a network of 15,000 farmers.