MIPA/CIMA

Mauritius Annual Seminar

22 August 2014

Regional integration: Creating value

One of the most integrated and sustainable cane-cluster in Africa

Projects in line with Strategy

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 in Africa

Small Hydro-electric Projects in Africa

JV – Omnicane/Mecamidi

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

Bringing value added products and brands in

Africa

The Real Good Food plc

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

THANK YOU