Twiga Foods has announced the transfer of its rights to the development of the Galana Kulalu Food Security Project to Selu Limited, a company established to develop, manage, and operate the project.
Selu is a Special Purpose Vehicle comprising a partnership by several companies, amongst them Campos, a farm management company overseeing over 600,000 acres of farmland in Latin America in a similar climate to Kenya and AgCo, a United States-based global leader in precision agriculture technology.
Twiga Foods Managing Director Peter Njonjo said they believe that Selu Limited is the best fit to manage the next stage of the project, which is to develop it further, manage and then operate it.
Selu is currently undertaking the Development Phase covering 500 acres and targeting to achieve above 9 metric tons per hectare, 4.5 times the Kenyan average yield. The average yield of maize in Kenya is about 2 metric tons per hectare, with the global average yielding between 5 to 6 metric tons per hectare. The Galana Kulalu farm had yielded about 7.2 metric tons per hectare in past trials.
The development of the Galana-Kulalu project is under a Public-Private Partnership with the Government of Kenya.
With a targeted start of commercial operations in the 4th quarter of this year, Selu will invest in the development of the 20,000 acres that is currently feasible based on available water from the Galana River throughout the year.
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