$80 million Ventures to be Subsidized by Selu Limited in the Galana-Kulalu Irrigation Project in Kenya
By Abdul Rahman Bangura-
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Selu Limited- a critical investor has bent on to widen its operations to over 20,000 acres within the project to pilot phase that enlisted record-breaking maize yields of up to 35, 90kg bags per acre, the highest in Galana Kulalu’s annals and four times the national average. This success has prompted agendas for furthering the space the more.
Selu Limited – a firm belts with erstwhile Twiga Foods Managing Director – Peter Njonjo, has finished the primary development phase of 500 acres, conducting a feasibility study for large-scale commercial maize agriculture on the 1.75-million-acre government-owned ranch.
Nicholas Ambanya – CEO of Selu Limited, noted on the pilot’s success, highlighting the maize dividends as a clear growth for Galana Kulalu and a vital boost for Kenya’s maize production.
“The project has significant potential to impact Kenya’s food security, with the 20,000 acres of land set for commercialization, and with the high level of productivity to substantially boost Kenya’s annual maize production,” Ambanya said.
The schedule of the project was a concerted move with a consortium encompassing sing LEAF Africa, Campo-Brazil, and BrazAfric Group, adding their expertise in large-scale tropical commercial farm management.
The upcoming venture will focus on full-scale irrigation, smart agriculture, and renewable energy solutions to aim for carbon-neutral food production, positively impacting the local communities’ social and economic conditions.
The development of the Galana-Kulalu project, as a public-private partnership, aligns with the government’s goal of achieving food security in Kenya.
Selu Limited, formed to invest in and revolutionize the Galana Kulalu irrigation project through innovative and sustainable farming practices, initiated several key projects for the development phase of the pilot.
The collaboration with the Leaf, Campo, and BrazAfric consortium is a strategic move, drawing on Campo’s over 40 years of experience in tropical agriculture, including the management of about 243,200 hectares (circa 600,000 acres) in Brazil.
“The Galana Kulalu Project will not only advance agriculture but also positively transform the social and environmental landscape of the surrounding communities,” the company stated.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent