mipa/cima mauritius annual seminar 22 august 2014 regional integration: creating value
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Projects in line with strategy
• Export our cane eco-industrial cluster model to Africa:
Sugar and energy project in Kenya – KISCOL
Exploring opportunities in Ghana - sugar and energy
• Increase production of renewable energy:
Joint venture with Mecamidi to develop hydro-electrical plants in East Africa – Rwanda, Uganda, Kenya
• Vertical integration – tap into value addition in Africa:
Developing synergies with The Real Good Food plc bringing high value added products and brands in Africa
Kenya – Advantages and Opportunities
• Stable government
• Matured economy compared to other Eastern African countries
• Rising middle-income population
• Good financing network• Sugar deficit of about 200,000 tonnes
The Project
Set up of a farm, sugar mill and power generation plant in Kwale
• Nucleus farm 5,500 ha• Outgrowers 4,000 ha• Sugar Factory 3,000 TCD• Power generation plant 18 Mw
• Strategic local partner – Pabari Group
Hydro-electric Projects being explored
• Small hydro electric projects across east Africa
• Uganda – 1 project - 8.5 Mwh
• Rwanda – 3 projects - 6.5 Mwh
• Kenya – 3 projects - 15 Mwh
East African countries – Advantages and Opportunities
• Countries are business friendly – existence of DTAs
• Significant energy requirements
• Attractive financing schemes available for clean energy
• Improving infrastructure
• Mauritian government backing (eg: equity participation in some projects)
• Language
Challenges in Africa
• Some countries are land-locked
• Connectivity
• Financing
• Talents
• Cultural differences – business and social
• Health issues?
• Security/Terrorism
Omnicane – Real Good Foods Limited UK
• RGFL owns the largest independent non-refining distributor of sugar in Europe
• The company is also the supplier of bakery ingredients and a manufacturer of sweet bakery products for a range of major retail customers
• Its brands includes:
Strategic Positioning
• Sugar value addition strategy
• A strategic alliance with a sugar partner in the EU market to partner Omnicane in marketing sugar in Africa
• Benefit from synergies for a win-win situation
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