Deal #7726

Location #1

Spatial accuracy level
Administrative region
Location
Bagamoyo, Tanzania

Target country
Tanzania
Comment on location
Wami River Ranch

Land area

Size under contract (leased or purchased area, in ha)
[2016-03-31] 1963
Comment on land area
The company started growing Moringa tree on 5 ha of land and intended to expand to 10 ha within the next year. DLIP signed for 1963ha.

Intention of investment

Intention of investment
Food crops, Livestock, Agriculture unspecified
Comment on intention of investment
The Wami River Ranch established to produced mixed farming (implementing an integrated farming system of livestock, crops, fruit and vegtable production)

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
lease for 99 years

Negotiation status

Negotiation status
[2016-03-31] Concluded (Contract signed)

Leasing fees

Annual leasing fee
14556426
Annual leasing fee currency
Tanzanian Shilling
Annual leasing fee type
for specified area
Annual leasing fee area
2000
Comment on leasing fees
Annual rent of the total area

Contract farming

Contract farming
Yes
On leased / purchased area (in ha)
[2016-03-31] 2000
Comment on contract farming
Used outgrowers, number and size not known.

Contract #1

Contract date
2016-03-31
Contract expiration date
2115-03-31
Duration of the agreement (in years)
99

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
41
Planned employees (total)
41
Comment on jobs created (total)
The Company employed 41 full-time farm workers from neighbouring and surrounding villages

Operating company

Name of investment project
Wami River Ranch

 

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Data source #1

Data source type
Company sources
File
Publication title
Wami River Ranch
Date
2020-02-07
Comment on data source
Wami River Ranch Website

Data source #2

Data source type
Personal information
Date
2020-01-16
Includes in-country-verified information
Yes
Comment on data source
Deal identified as part of Tanzania data campaign undertaken by Jonathan Sulivan in Tanzania from May 2019- February 2020

Data source #3

Data source type
Company sources
File
Publication title
Wami river ranch Moringa Oil
Date
2018
Comment on data source
Source: company website about Moringa Plantation project

Recognitions status of community land tenure

Recognition status of community land tenure
Community traditional or customary rights recognized by government
Comment on recognitions status of community land tenure
The land parcel was designated village land and therefore went through 90 and 30 day notice.

Promised benefits for local communities

Promised benefits for local communities
Capacity Building
Comment on promised benefits for local communities
The company promise to provide farm input and agricultural training to all small-scale farmers around the village

March 20, 2020, 11:33 a.m.

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Feb. 7, 2020, 11:31 a.m.

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