EthicalLand ADDRESSING
2011
FOOD SECURITY
An Investment Proposal for Agriculture Development in Africa
EthicalLand 1 Berkeley Street LONDON W1J 8DJ Tel: 020 3402 2135 Fax: 020 7016 9100 Email: info@ethical-land.com
Table of Contents PRELUDE ................................................................................................................................ 03 ETHICAL LAND HIGHLIGHTS ........................................................................................................ 04 INVESTING IN ETHICAL DEMONSTRATION FARMS ............................................................................. 05 ETHICAL DEMONSTRATION FARMS ............................................................................................... 06 ETHICAL FARM MANAGEMENT .................................................................................................... 06 CLIENT PROTECTION ................................................................................................................. 07 FAST PAYBACK OF YOUR CAPITIAL ................................................................................................ 07 ETHICAL PROFITS ..................................................................................................................... 08 ETHICAL PARTNERSHIP .............................................................................................................. 08 LINKING THE INFRASTRUCTURE BUILDING BLOCKS ............................................................................ 09 RETURNS ............................................................................................................................... 10 CROP YIELDS ........................................................................................................................... 11 THE ETHICS OF FOREIGN INVESTMENTS ......................................................................................... 12 ETHICAL NATIVE SUPPORT FOR POVERTY ALLEVIATION ...................................................................... 12 THE CONTRACT FARMING SYSTEM ............................................................................................... 13 ETHICAL MARKETING SOCIETY ..................................................................................................... 14 ETHICAL DISTRIBUTION OF PROFITS FROM THE ENTIRE FOOD CYCLE...................................................... 15 THE ETHICAL LAND PROGRAMME FOR TOTALLY ORGANIC FARMING ..................................................... 16 LAND AQUISISTION AND COUNTRY EXPOSURE ................................................................................. 16 AGRICULTURAL LAND IN AFRICA .................................................................................................. 17 INVESTING IN AFRICA ................................................................................................................ 17 MULTIPLE HARVESTS ................................................................................................................ 18 CLIMATIC CONDITIONS .............................................................................................................. 18 AVAILABILITY AND KNOW HOW OF LABOUR.................................................................................... 18 TAX EXEMPTIONS ..................................................................................................................... 18 TAX CONSIDERATIONS ............................................................................................................... 18 REGULATIONS ......................................................................................................................... 18 ENGLISH LAW.......................................................................................................................... 18 AFRICAN LAW ......................................................................................................................... 18 EXCHANGE RATE RISK ............................................................................................................... 18 AGRICULTURAL RISK ................................................................................................................. 18 ADDRESSING ISSUES.................................................................................................................. 19 ADDRESSING ISSUES (CONT') ........................................................................................................ 20 "PRICE FREEZE" LAND RESERVATION ............................................................................................ 20 ETHICAL FRANCHISE FARMS ........................................................................................................ 21 ETHICAL SKILL SUPPORT ............................................................................................................. 21 BUSINESS DEVELOPMENT FOR ONE BIO AFRICA............................................................................... 22 MANAGEMENT TEAM ............................................................................................................... 23
2 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
EthicalLand ADDRESSING
FOOD SECURITY
An Investment Proposal for Agriculture Development in Africa Prelude EthicalLand represents the opportunity to support poverty alleviation in selected regions of Sub-Saharan Africa whilst partaking in a sound and highly rewarding investment in agricultural land. A proportion of the profits from this project will go back to the native African people. The regional impact to the local people will range from providing access to food security for the underprivileged and bringing people above the poverty line by initially creating jobs, supporting education and health institutions, providing housing whilst stimulating enterprise. EthicalLand is a profitable, integrated project which puts in place all the building blocks needed for fast tracking development of virgin lands that are suitable for agriculture linked with the development of the infrastructure that financially benefits all participats in the entire food cycle within a defined and disciplined collaborative farming system. EthicalLand in conjunction with governments and native tribal chieftains has unencumbered access to virgin land concessions spread within the Sub-Saharan African countries suitable for agricultural development under a fully managed ethical project.
3 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Ethical Highlights Average returns 35% + per annum Own a 99 year Leasehold Title to your own land Minimum contribution £2,500 per acre Fast payback of your capital within 16 months Receive 50% of the crop yields Potential capital growth on land appreciation once developed 3 annual crop harvests Multiple crop cultivation An institution for human resources development Secured water rights Expert management team of scientists and agriculturists Management contract to cultivate the land Annual multiple revenue streams Diverse land acquisition spread across multiple African countries Generous exit policy Independent audit reporting
4 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Investing in Ethical Demonstration Farms Ethical Land in conjunction with Ceprodevsprl offer a unique opportunity for investors to acquire prime agricultural land for £2,500 per acre with a secure leasehold title deed to a field, in favour of the investor under a Management Contract Agreement which will oversee the ongoing farming operations and cultivation of the land. The minimum land purchase will be from as little as one (1) acre, in a 50:50 profit sharing partnership. EthicalLand will invest the entire proceeds derived from the sale of the said land for the development and set up of the Infrastructure for a unique concept called Ethical Demonstration Farms. The initial investment of £2,500 per acre will go towards cultivation and infrastructure development including a £1 nominal sum for the acquisition of the leasehold interest in the land.
The contribution of EthicalLand is a token gesture from Ceprodevsprl, to the Ethical Investor where the development of their land will benefit the native African smallholder equally,
Ceprodevsprl The Centre for Promotions and Developments in Africa 1054 Avenue Batetela, Commune de la Gombe, KINSHASA, Democratic Republic of the Congo Company Registration No: NRC-C50.70ld 01-9N 36 857A
H.E. Dieudonne KASONGO KABILA – Administrator Director General
Ceprodev (UK) Limited 1 Berkeley Street LONDON W1J 8DJ Company No. 7463064
5 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Ethical Demonstration Farms Ethical Demonstration Farm is a dynamic concept where the whole farm approach system of Ethical Farm Management has the flexibility to be relevant on any farm across the world and is adaptable to new technology and changing market pressures and consumer demands and expectations. Planning a whole farm approach through Ethical Farm Management can achieve sustainable production generating a profitable farming system that cares for the environment, community issues and landscape. Wildlife and bio-diversity are just as important as management decisions concerning soil management or energy efficiency. For subsistence farmers, Ethical Demonstration Farms represents a lifeline towards logical development of their current farming system combining the best of traditional farming with appropriate modern technology. Ethical Demonstration Farms balances responsible resource management, animal welfare, care of the countryside and economic viability for the benefit of all and will also assist these farmers in moving towards more sustainable practices through the adoption of Ethical Farm Management. A Demonstration Farm accomplishes the following: A large scale fully mechanised working farm that cultivates crops for profit A “centre point” for all activities in the surrounding agricultural communes Provides education and welfare to local farming communities Provides a platform from which some 250,000+ acres of Ethical Native Support Farms with auxiliary management can be developed Supply all agriculture inputs from seed to tractors for profit Adopt new roles once equilibrium for demonstrating is reached and can easily convert and concentrate its activities on more advanced production of specialist hybrid seeds, biofertilizers production and bio-fuels The key principles of Ethical Farm Management are: Efficient soil management and appropriate cultivation techniques The use of crop rotations and implementation of the most effective irrigation techniques Minimum reliance on crop protection chemicals and fertilizers Choice of seed varieties and advancements through research from in-house tissue culture laboratories Maintenance of the landscape and rural communities A commitment to good husbandry and animal welfare Enhancement of wildlife habitats Forestry and carbon credits management 6 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Client Protection The Investment foundations are solid and robust with the investors having full ownership of the leasehold title for a term of 99 years of their land, in favour of the investor under a legitimate management contract to cultivate their land on the basis of a 50:50 profit sharing partnership in the following;
The investor will own a 99 year leasehold title to a physical and tangible asset allowing ownership of their land allotment within Ethical Demonstration Farm for £1 nominal sum for the acquisition of the leasehold interest in the land.
Ethical Land’s policy of spreading the acquisition of land and the field of exposure over a number of jurisdictions/geographical locations within Africa will lessen the risk elements posed from localised/regional/political/civil unrest. Therefore, no single Ethical Land Investor risks losing his or her investment entirely as the investment can be relocated to another region.
Ceprodev sprl will secure the freehold titles in every land concession it acquires and will offer the Ethical Land Investor a head lease only. (The constitution of most African countries does not allow foreign land ownership, unless to its citizens or in locally formed companies.)
Ethical Land will:
Bear all legal related costs towards registration of the land and full responsibilities for securing all licensing/planning/cultivation/water rights documentation.
Source professional management and workforce.
Produce annual accounts, audited by an accountancy practice that has been selected and approved by the key investors.
The Ethical Management Team of scientists and agronomists will oversee the ongoing farming operations, by allocating a portion of the allotment to a particular subsistence farming family for the purpose of educating and increasing their agricultural skills prior to their promotion in their own farming enterprises.
Fast Payback of Your Capital Ethical Land recognises the value of your cash capital and the importance of ensuring the fast payback of your investment. Proceeds from Farm Revenue will be distributed as follows:First to reimburse an Investors initial outlay:-
The net profits derived from the farm revenue generated from an investors land are to be paid to the investor within a period spanning four (4) consecutive crop cycles (16 months) or the shortest possible term, up to the amount initially invested Second, to distribute remaining profits 50:50 (Investor : Ethical Land)
After which, Ethical Land management will pursue its goal of establishing an educational platform for the Ethical Demonstration Farm. This will develop the native agricultural advancement programme and still maintain the same level of profits, or better, by diversification into cultivating a broader range of crops. 7 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
EthicalLand Profits All EthicalLand net profit portions of 50% revenue derived from the Ethical Demonstration Farms will be utilised for the agricultural development and land advancement, to the native subsistence farmers by providing active management support in finance and land development. A farmer’s promotion to a larger holding will be directly linked to yields and quality of crops. Ethical Land will distribute and develop the land concessions in the following:
10% of the total land concession is designated for investments in Ethical Demonstration Farms / Ethical Franchise Farms / Ethical Skill Support.
90% of the land will be similarly parceled out to the Native Subsistence Farmers on a 99 year land lease and developed within the Ethical Native Support - Contract Farming System.
Thereafter, the entire Ethical Land (50%) net profit from the Ethical Native Support Farms Partnerships will be further utilised for developments in marketing, food packaging and food processing.
Managed From Seed to Consumption A transparent business model
Ethical Solutions Ethical Partnership Ethical Technology Ethical Commitment
Charity for profit organisation Creation of enterprise and fights poverty Equal profit distribution from the entire food cycle to all participants
Your Ethical Land Investment is not just the crop yield derived from the land; it is also a full partnership in the entire Ethical programme directly linked to the land ownership. Ethical Land is a solution for fast development and expansion of agriculture in redundant poverty stricken regions of the globe
8 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Linking the Infrastructure Building Blocks After the payback of your capital outlay, partners (You, the Investor and the Native Smallholder Farmer) will receive further rewards in shareholding in each of the Ethical Building Blocks of the planned developments, equal in proportion to your landholding from this partnership incurring no further cost to the client. Ethical Holdings Limited, under contract will issue (two) 2 single shares for every one (1) acre of land in cultivation, in the subsidiary company shown below; Gift one (1) single ACRE-SHARE for each acre in cultivation to the Ethical Partners (Investor/Franchisee/Native Subsistence Farmer) Retain one (1) single ACRE-SHARE for Ethical Holdings Limited Ethical Holdings limited – will hold one (1) single Veto Share Planned developments of the following related sectors: Ethical Marketing Society - a grower marketing society will be launched in the first year of trading. Its aim will be to provide crop processing, manufacturing, packaging, storage and distribution facilities
Ethical Trading Posts - retailing outlets that provide urban and rural people uninterrupted supplies of all essential commodities at fair prices and will also enable villagers to sell their crops and other products
Ethical Harvest – Produce will be branded ‘Ethical Harvest’ brand certification of the produce will help build awareness that totally organic foods from sustainable farms need not warrant extra premiums
The Ethical vision is that by enforcing simple principles within a disciplined and structured management environment established to implement new approaches, profits from each of the above activities will filter to the Ethical Investor and the Ethical Native Support Farmer equally by participating in collaborative enterprise. In turn, this will considerably improve the incomes derived from the entire food cycle than from farming alone and will moreover compete on parity with any global agricultural subsidisation practice on an equivalent platform.
9 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Returns Expected dividends from the Ethical Collaborative Partnership per one (1) acre of cultivation*
Breakdown of Ethical Land returns on investment The Ethical Partnership in Collaborative Farming LAND COST per ACRE INVESTMENT - COST of FARM SETUP per ACRE PROFIT DISTRIBUTION - CAPITAL PAYBACK PERIOD (4 CROP CYCLES) PROFIT DISTRIBUTION - ETHICAL DEMONSTRATION FARM (AFTER PAYBACK) SHARE DISTRIBUTION - ETHICAL MARKETING SOCIETY YEARLY Crop Cycle 90/120 Days Seasons
Ethical Investor
Ethical Land
NIL £2,500 100% 50%
FREEHOLD Management NIL 50%
1 Share
1 Share
Ethical Demonstration Farm
Ethical Marketing Society
The Ethical Partnership
Profits - Crop Cultivation
Dividends - Infrastructure
Combined Revenue
Return % Virgin Land Preparation
Revenue / Acre
1 Shareholding/Acre
Return %
Revenue + Share
TOTAL RETURN
Infrastructure Setup;
1a
CAPITAL PAYBACK
Crop Marketing
1b
CAPITAL PAYBACK
Storage/Logistics
1c
CAPITAL PAYBACK
Food Processing
2a
CAPITAL PAYBACK
Agro-Supplies
2b
£2,500.00
100%
Ethical Food Branding
CAPITAL RETURN
100%
2c
£437.40
17%
£218.70
9%
£656.10
26%
£964.58
39%
£964.58
39%
£1,929.17
77%
£964.58
39%
£1,446.88
58%
£2,411.46
96%
5c
£964.58
39%
£2,218.54
89%
£3,183.13
127%
TOTALS
£5,831.16
233%
£4,848.71
194%
£8,179.86
327%
3a 3b 3c 4a 4b 4c 5a 5b
*Tropical lands have 3 full Crop Cycles – 2x Wet Season and 1x Dry Season per annum; The returns in the above table are based on present global crop indexed prices ((CME), since the African Crop Returns are much higher generally, but differing from region to region are Minimum Expectations An Ethical Financial Simulator, from where all the data is derived, is available upon request
Ethical Land Management anticipate an immediate increase in the capital value of the land; once we have prepared the virgin land and commenced crop cultivation; after the project has gathered momentum and the revenues are steady. In addition the infrastructure shareholding in ‘Ethical Land Seed to Consumption’ will also increase annually by a conservative 5%. Our investment proposition offers multiple profit streams including income, capital growth and a future profit share in infrastructure development escalation, enabling clients to maximise returns uniquely structured to provide indefinite residual income. 10 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Crops Yields CROP ROTATION
Maize
Potato
Onion
Carrot
Yield / MT / Acre
Bean
Rice
Wheat
Garlic
3.64
8.10
7.29
8.10
2.43
3.64
2.43
Wholesale Price/ MT (£)
228
281
259
281
500
200
175
6.07 325
GROSS PROFIT (£)
831
2,277
1,890
2,277
1,215
729
425
1,974
Salaries
24
24
24
24
24
24
24
24
Casual Labour
19
27
44
42
31
41
9
39
EXPENDITURE (£)
Seed
28
228
63
38
85
6
4
63
155
110
126
91
92
110
71
76
Fuel
38
43
34
27
30
37
30
27
Packaging Material
23
52
47
52
16
12
8
54
Equipment Desperation
40
29
26
26
31
31
33
26
6
6
6
6
6
6
6
6
Canteen Food Cost
33
33
33
33
33
33
33
33
Community Donation
13
13
13
13
13
13
13
13
Marketing 10%
83
228
189
228
121
73
43
197
Miscellaneous
30
30
30
30
30
30
30
30
COST OF CULTIVATION (£)
492
823
636
610
513
415
303
589
Crop Net Profit / Acre (£)
339
1,454
1,254
1,667
702
313
122
1,384
Crop Cycle A (%) Revenue Cycle A (£)
29% 98
20% 291
4% 50
5% 83
20% 140
20% 63
0% 0
2% 28
Crop Cycle B (%) Revenue Cycle B (£)
60% 203
0% 0
0% 0
0% 0
0% 0
20% 63
20% 24
0% 0
Crop Cycle C (%) Revenue Cycle C (£)
29% 98
20% 291
4% 50
5% 83
20% 140
20% 63
0% 0
2% 28
ANNUAL AVERAGE %
39%
13%
3%
3%
13%
20%
7%
2%
ANNUAL REVENUE/CROP
400
582
100
167
281
188
24
55
Fertilization/Pesticides
Transport/Travel
Crop Revenue Breakdown
INCOME - ACRE
£1,797.33
MINIMUM
PROFIT DISTRIBUTION
RETURN ON CAPITAL
Pay-Back Period 100%
£1,797.33
72%
Annual Returns 50%
£898.66
36%
We are certain of achieving an upward trend in crop yields with the assistance of talented sicentists, who have practised this model of demonstration farms over the last 15 years in Bangladesh where poverty is much more prevalent, and the soil is vastly inferior on very small farm holdings. Africa in contrast has ample land to develop more cost effective mechanised farms. We will over some 4 to 8 cycles get adapated hybrid seeds from in house facilities for production, bettering yeilds and further enhance profits by reducing input costs. 11 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
The Ethics of Foreign Investment Ethical Land’s solution for poverty alleviation is from the conclusion derived following an in-house detailed study lead by Mr. Shaheen Anwar and Dr Arter-ur-Zaman, Chief Scientist of the PROSHIKA (Leading nongovernmental organisation in Bangladesh) Tissue Culture Center Trust under whose coordination and technical guidance, the R&D and Commercial Schools are being operated, of the present global practices in agricultural by an experienced team of experts from the entire agro and business spectrum. We were able to evaluate the pros and cons in the existing food cycle, and by learning and understanding the flaws in each sector we have fine-tuned the suitability for each segmented solution modeled around the existing parameters for the rural poor: we need to consider and remove the obstacles to improve their lives by addressing the following:
The rural poor require a marketplace that is free of corruption and racketeering Giving both men and women more choices Yield a triple harvest and further enhance the profits by introducing intercropping Allowing them to focus their labour Providing knowledge and promoting creativity to work more productively
Ethical Land’s policy is that it is not a matter of who is better. It is that with a combined collaboration of skills, within a disciplined environment that encourages self-competitiveness and individual expansion of farm holdings, this will in turn keep the agricultural engine running!
Ethical Land is a Hand up and Not a Hand out Solution EthicalNativeSupport for Poverty Alleviation Ethical Native Support will offer the smallholder farmer a partnership farming proposal geared at fast expansion and farm infrastructure by a professional fully managed system with a shareholding in Ethical Marketing Society, in accordance with their size of cultivation. The partnership will be on 50:50 profit sharing basis, the land ownership of the farm remains with the native farmer who will benefit from the following:
Full regular wage paid on monthly basis All Farm Agro input supplied (seed, fertilizer and tools) Full management and agro expertise support Full financial support relative to skill for excellence Managed farm holding expansion
In return for the 50% share in the farm, The Ethical Native Support Farmer will receive one (1) share for each acre under cultivation in Ethical Marketing Society. This will benefit the farmer when in time the crop prices fall to global prices or below, and the farmer will benefit from higher returns from food processing and modern facilities in form of dividends paid by Ethical Marketing Society, which after a period of 3 years will prove to be higher than the profits generated by farming alone. Ethical Land, under the Contract Farming Partnership, Ethical Marketing Society will issue two (2) single shares for every cultivated acre:
Award one (1) ACRE SHARE to the Ethical Native Farmer
Retain one (1) ACRE SHARE for Ethical Holdings Limited
The Ethical Marketing Society Management – will hold one (1) Veto Share 12
EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
The Contract Farming System Ethical Native Support - Stage 1 is the entry point for the subsistence farmers/units and their skills and knowledge of general agriculture are analysed. At this stage, Ethical Land will provide all basic agro inputs for manual farming and apply their expertise of the latest methods – soil testing before seeding/middle season/after harvest.
Ethical Native Support - Contract Farming System Independent Subsistence Farmer 1.62
Metric ton
£147.77 £239.39
1 Acre Manual Cultivation Crop Cycle - 4 months Crop Yield - White Maize
Ethically Managed Subsistence Farmer Metric ton
MAIZE REVENUE / Metric Tonne Gross Revenue
3.64 £147.77 £538.45
Expenditure £30.36
25kg
£119.70 £6.07 £156.13
50% Used Bags
£17.21 £10.32 £10.32 £10.32 £20.65 £3.44 £2.06 £74.33 £230.47 £8.93 £83.26
<<< Inferior - Seeds - Hybrid >>> Fertilization Pesticides Local Traders << Marketing >> EMS Packaging Cost of Agro INPUT
25kg
DAYS 10 6 6 6 0 12 2 1 44
Labour @ $ 1.70 Land preparation Seed sowing Weeding - 1 Time Drainage line making Fertilizer application 2 times Harvesting Labour use for shelling Labour use for storage TOTAL LABOUR DAYS Cost of Production Farm Profit / acre
DAYS 10 6 6 6 6 18 4 2 58
100%
PROFIT DISTRIBUTION
50%
10% New
<<< FARMER INCOME >>>
£45.55 £205.06 £42.51 £53.84 £37.25 £384.21 £17.21 £10.32 £10.20 £10.20 £10.20 £30.96 £6.80 £3.40 £99.29 £483.50 £54.95 £27.47 £126.76
*The above table shows the subsistence farmers’ incomes rising under Ethical Partnership
Furthermore within the Ethical Native Support programme for the rural poor, we will allocate further credit to encourage mulch animals to further enhance their income in this sector. This partnership will take the subsistence farmer from humble beginnings to seven further stages of promotion geared towards self ownership in “MODERN ETHICAL TURN KEY” farming enterprises.
13 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Ethical Marketing Society For any agriculture programme to succeed there has to be an all important place for bulk trading the crops and getting a fair price return for the grower – Ethical Land propose setting up Ethical Marketing Society before commencing any farming community expansion to cultivate the land. The Ethical Land programme is also an improved, more socially beneficial version of ‘contracted marketing’ that does not only provide to farmers the possibility of selling their crops at pre-agreed profitable prices, but offers them even the opportunity of buying consumer goods (through Trading Posts) and saving and investing in the improvement of their farm (towards a better house, etc). It is the ‘backbone’ of rural development. Ethical Marketing Society aims to offer the best marketplace experience for growers and buyers of all agriculture and horticulture products. This is achieved by establishing an optimal, coherent and transparent pricing policy regime, and by offering suppliers and buyers the latest up-to-date logistical facilities. Ethical Marketing Society, a partnership that will work for its members and shareholders enabling the farmer to earn further ‘drip profits’ from the entire food cycle - Profit is not an end in itself. Worldwide, we can occupy a prominent position, because Ethical Marketing Society knows in advance what crops have been cultivated, it can perform its duties well in advance from collection of the crops to selling the commodities, on domestic or international markets. An Auction House will be established in the first year. It is an ideal platform for creating a transparent market for local consumption to provide food security to the host country, whilst:
Guaranteeing minimum prices for the grower under the auction system will be implemented Enabling the native population to harvest natural crops within their lands, like palm oil, fruits etc Buyers/traders will be account holders ONLY. This system encourages proper company formations with bank accounts for transparent trading thereby enabling trade credit facilities for promising traders/exporters.
Ethical Marketing Society will follow daily movements in world prices for main agricultural products, both on ’spot’ 'and ’futures’ markets (transactions where crops are sold today for a deadline up to 2 years in the future), thus being able to guide production and crop rotations for its Ethical Partner Members to enable forward sales, when ’futures’ prices are particularly high. The Ethical Marketing Society platform will provide the following:
Strive for the shortest line between grower and consumer Standardised packaging - crates and containers provided at a minimal rental cost Grading system of cash crops to encourage quality perfection from growers Quality control and efficient sorting; the quality of our products is checked by Ethical Marketing Society upon arrival and again on departure from the packing station We will implement the sorting of the products on modern sorting machines according to the clients’ wishes. After the product is packed, the sorting machine automatically prints a sticker with the date code and grower’s number and attaches it to the packing. This is an optimal guarantee for tracking and tracing! Client-oriented sales team - Sales of Ethical Marketing Society products are the responsibility of the Ethical Marketing Society Group Sales Team. They will deliver the product packed as per the requirement of the client Export seasonal commodities such as mangoes, pawpaw, pineapples, palm oils, coffee, tobacco, rubber, etc
Ethical Marketing Society proposes to set up an entire network of warehouses, grain storage facilities, cold storages, public distribution system, pre and post harvest processing centres, grading/sorting/packaging units and air/sea freight to international markets worldwide. Ethical Marketing Society will evolve into food processing and value adding, a natural evolution and ’vertical integration’ of the farming activity. (This will ensure the farmers will produce what is needed by the local markets as per demands and are able to export any surpluses worldwide). Food storage and processing increases the value of the crops by some 5 to 10 fold.
14 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Ethical Distribution of Profits from the Entire Food Cycle
1 Acre of Potatoes
Yields/Acre 14MT
Ethical Food Processing
Crisps / 35gms
Total Revenue Less Cost of Production Net Revenue / Acre Investor Revenue 50%
£2310 £780 £1,530 Farm - £765
1MT Potato / 400,000 @33p each 400,000 Packets @ 32p Production Profit of 1p per Packet Plus Dividends from Processing
£132,000 £128,000 £4,000 £2,000
The Total Revenue per 1 Acre in Ethical Partnership has increased from £765 to £2,765 The example above shows the potential from food packaging and processing, consecutively adding value and also increases the shelf-life of the crops. It has to be noted, that the overall increase per acre shareholding from Ethical Marketing Society dividends on average from a broader range of crops cultivation; further actvities in marketing, retailing, and Ethical Branding infrastructures will take approxmitly 3 years to fully implement and will yet further the earnings in form of dividends from the gifted Ethical Marketing Society shareholding to all the Ethical Partners. The realistic expectation will be around 130%.
The Ethical Land Programme for Totally Organic Farming Ethical Marketing Society will market various ranges and types of Agro Products in their various forms and promote contract farming as well as supervised cultivation of a majority of our products. Ethical Marketing Society will promote the organic food production in Africa and abroad, but will initially market conventional products and then slowly, as and when we have satisfactory proven study and analysis of the land, we will introduce organic inputs and we will start producing and selling pure organic ‘Ethical Harvest’ branded products. Organic agriculture dramatically reduces external inputs by refraining from the use of synthetic fertilizers and pesticides, genetically modified organisms and pharmaceuticals. Pests and diseases are controlled with naturally occurring means and substances according to both traditional and modern scientific knowledge, increasing both agriculture yields and disease resistance. Organic agriculture adheres to globally accepted principles, which are implemented within local socioeconomic, climate and cultural settings. Agriculture containments such as inorganic fertilizers, herbicides and insecticides from conventional agriculture are a major concern all over the world. Through organic agriculture farmers learn healthy, sustainable farming practices and are regaining the wisdom of their agriculture heritage. Organic agriculture enriches the soil season after season. It increases the long term yield, nutrient value and potency of the crops. It allows for a naturally clean water supply and provides overall richness, health and well-being of their families, livestock, farmlands and communities. Ethical Marketing Society will start processing and exporting fruit, vegetables, herbal and flower products from the vast natural and existing agricultural infrastructures that are presently falling wasted due to farmers not being able to get the fresh produce to the market in time due to poor transport infrastructure. 15 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Ethical Marketing Society will specialise in producing 100% natural, tasty and nutritive dried foods with absolutely no additives. A single process is involved that allows long shelf-life and permits food products of dry particulate form to be created to the highest quality standards. Our role is to add convenience in addition to heath and taste for bulk producers such as hotels, restaurants, caterers, etc, as well as people who have hectic routines and do not get time to cook where all fruit, vegetable and herbal powders are prepared in a very controlled atmosphere allowing taste, natural flavours and nutrients to be retained without the use of preservatives or additives.
Land Acquisition and Country Exposure All Countries chosen for development in Phase 1 are the best lands within the Sub-Saharan region and require only back up irrigation. Three Ethical Land Management Teams will spearhead the First Ethical Demonstration Farm, they are confident of expanding in the following countries thereafter. Year
2010
Crop Cycle/120 Days
Set up
2011 1A
1B
2012 1C
2A
2013
2B
2C
3A
2014
3B
3C
4A
4B
4C
Country Start-ups/acres
Acres
DR CONGO
5000
ZAMBIA
Acres INVESTOR PAYBACK PERIOD 5000
UGANDA
45000
INVESTOR PAYBACK PERIOD 5000
SOUTH SUDAN
POVERTY SUPPORT 45000
INVESTOR PAYBACK PERIOD 5000
POVERTY SUPPORT 45000
INVESTOR PAYBACK PERIOD
POVERTY SUPPORT 45000
POVERTY SUPPORT
TANZANIA
5000
INVESTOR PAYBACK PERIOD
45000
POVERTY SUPPORT
DR CONGO
5000
INVESTOR PAYBACK PERIOD
45000
POVERTY SUPPORT
PHASE 1 INVESTOR Poverty Support
5000
5000
5000
5000
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16 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Agricultural land in Africa Agriculture plays a primary role in starting the overall road-map for helping the African people to dig their way out of the poverty trap. Over the past four years The Ethical Land project has engaged a multitude of leading specialists and captains of industry to access the pros and cons of global agriculture in order to develop tailored solutions that now receive encouragement and support from governments, landowners and local groups across Sub-Saharan Africa. Ethical Land presents this opportunity for lands suitable for development in agriculture from a totally blank canvas, targeting some 20 million hectares of fertile lands within the tropics that must benefit the native Africans, and without seeking charity.
Investing in Africa Africa, taken as a whole, is on the brink of steering in a new era of economic growth and prosperity. Most of the African nations have held successful elections and the overall economic recovery is on the rise. Greater than ever attention and investment is now being applied to creating the policies for the infrastructure that is so vitally needed to support micro-economic development. Approximately 874 million hectares of Africaâ&#x20AC;&#x2122;s land is considered suitable for agriculture production. Of this 83% (approx) have serious soil fertility or other limitations and will need costly improvements and amendments to achieve high and sustainable productivity. Nutrient depletion is common in Africa and represents significant loss of natural capital valued at an estimated US $1-3 billion per year. If the nearly 70 million smallholder families in Sub-Saharan Africa fail within the next decade to adopt sustainable integrated soil fertility and land and water management practices on their farms to a large extent, they will seriously jeopardise their long-term food security, productivity and incomes while environment degradation will accelerate. Africa needs to address low farm productivity through integrated approaches combining increased use of organic matter, mineral fertilizers, hybrid seeds, irrigation or mechanisation (including reduced tillage systems) rather than each in isolation. The improvement and maintenance of soil fertility is a prerequisite for achieving sustained increases in crop yields. Without adequate levels of soil fertility, crops cannot respond to other inputs such as new seeds and management practices. Most soils must receive sufficient levels of nutrients as organic and mineral fertilizers. The optimal mix between the two depends on their availability and water supplies. Mineral fertilizers supply approximately 44% of the nutrients used by the crops. More efficient use of fertilizer, e.g. through improved timing, split applications, site-specific management, crop rotation, and soil testing can facilitate higher yields with the same or even less fertilizer. Following the abolition of state-owned and run delivery systems, the private sector in Africa has not made a major move into the fertilizer business, as there is little commercial incentive to deliver small quantities to remote villages over poor roads. Ethical Land management support is imperative in the first stage of fertilizer market development. A smooth transition to distribution becomes feasible as general economic development progresses. Ethical Land will address the other changes in the production and policy environment concerning seeds, water management, pest control, land tenure, taxes and regulations, access to credit, extension/technology transfer, etc. Africa is now regarded as an asset hot spot for the intelligent investor.
17 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Multiple Harvests
There are typically 3 crop cycles in a season, the first and third being wet seasons, and the second being a dry season.
The first cycle has crops planted in March/April, and harvests take place from June through to early August, depending on the crop. The second cycle is a dry season, with auxiliary irrigation in place, planting occurs in May/June, with a harvest in August/September. The third cycle begins in late September through to early November and the harvest occurs from December through to February/March.
Regulation This investment is not a Collective Scheme under s235 of the Financial Services and Markets Act 2000 because the investor owns a particular piece of land, and the Ethical Management Team of scientists and agronomists will oversee the ongoing farming operations by allocating the portion of your allotment to a particular subsistence farming family for the purpose of educating and increasing their agricultural skills prior to their promotion in their own farming enterprise. Hence the investment is not subject to regulation under or authorization by the Financial Services Authority.
The driest months of the year are June to September. Africa with its natural potential of 2 to 3 crop yields per annum can achieve advances 3 TIMES FASTER.
English Law
Climatic Conditions
The contracts with Ethical Holdings pvt Ltd state that English law govern the contracts and that they and the investor with Ethical Holdings pvt Ltd agree in the event of any dispute to submit to the English courts. This means that, although the land is situated in Africa and Ethical Holdings pvt Limited is registered in Singapore, the contracts themselves fall entirely within the English legal system.
The selected lands are located in the Sub-Saharan Africa – it is hot and humid in the equatorial river basin. The average annual temperature in the low central area is about 27°C (about 80°F). Temperatures are considerably higher in February, the hottest month. The temperature range is between 18c to 36c. Precipitation and water in and around the land has a steady rainfall throughout the year except from June to September. The peak month for rainfall is November, with about 222mm of rainfall in the month.
African Law In the unlikely event of any dispute arising with third parties regarding the title to the land or matters relating to rights over the land or water, the dispute would be settled within the African law. This is based on English or French law, and for most practical purposes relating to property is virtually identical to English law. Ethical Land will address all such risks at no expense to the client, and simply replace their land titles to an alternative location. So investors can have the same confidence as if they were purchasing land in the United Kingdom.
Availability and Know How of Labour Readily available labour exists since about 60% of the population is currently employed in the agriculture sector. The average cost of such labourers ranges from about $30 ‐ $50 per month for low level employees with the average literacy rate at about 77%. This workforce is fully proficient to drive the tractors with minimum training and is prepared to dig the land manually by hand if required.
Exchange Rate Risk The investment is in USA Dollars. Investments made in another currency will be subject to exchange rate fluctuations between point of investing and point of investment return. However, the initial capital outlay will be guaranteed and paid back in full in the original currency.
Ethical Land has further formed an affiliation with the University of Kinshasa to provide ready talent and further the research of agronomy.
Tax Exemptions
Agricultural Risk
Ethical Land has negotiated local tax exemptions on income and import duties up to 5 years. Although these vary in accordance to each country of exposure, the average local country tax liabilities will benefit all foreign investments.
The price of farmland generally reflects its financial yields, which in turn is the multiple of the crop yield per acre and the price of the crop. Crop prices are subject to short-run fluctuations and long-run trends; and it is the long-run trends that affect farmland prices. Although the past year has seen huge fluctuations in crop prices, partly caused by speculation, there is general consensus that the long-run trends are upwards, because the global population is rising while the stock of farmland is largely fixed.
Tax Considerations
An investment in agriculture produce is considered to be both a SIPP and SSAS compliant investment as it is classified a commercial property asset by HM Revenue and Customs. This means that there will be no Income Tax paid on income generated, nor will CGT be charged on resale if the investment is held in such a package.
Annual income will be paid gross without the deduction of income tax. Capital Gains tax (CGT) will be payable on any capital appreciation subject to your annual CGT allowance Any investor who is in doubt as to their tax position and in particular those who are subject to taxation in a particular jurisdiction other than the UK are advised to consult with their professional advisor.
18 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Addressing Issues Secured Water Rights All Ethical lands sourced will either have secure water source within the land concession, with full water rights for usage in place or only after satisfactory underground water resource have been established will the lands be developed. Water is an essential production factor in agriculture, both for crops and for livestock. The production of biomass is inextricably linked to the need for fresh water, and the livestock depends on water to drink.
puzzle is that farmers rely on unpredictable rains and often lose crops to drought, yet there are huge lakes. A fifth of Uganda, South Sudan and Congo’s landmass is covered by lakes and swamps, yet there is very little irrigation. One of the few places on earth with huge under-used potential is Africa. One of the most complex issues in almost all of Africa is land tenure. Part of the reason for the bare land in Africa is clan ownership of land, which means that plots are shared out through agreement. It is hard to increase one's plot or amalgamate. Land tenure is a hugely controversial subject – a key reform in Uganda took 11 years to get through parliament. The danger is that the global pressure for food strengthens the hand of big commercial farmers buying up land – as has been seen in southern Sudan - and subsistence farmers are pushed off the land.
Just 3% of the earth’s water is fresh water, and only 1% of this is available for human activity, including agriculture. The amount of water necessary for crop production varies depending on soil conditions, crop variety and temperature. Imbalances between water availability and demand will most likely be exacerbated by climate change, and, like access to energy, water management is becoming one of the main st geostrategic challenges of the 21 century. Plants capture water in their bio-mass and put it back to the atmosphere by means of transpiration – a process which positively influences micro-climate conditions. Plants are able to convert ‘blue’ water into ’green’ water captured in the biomass. Soils covered in plants have higher infiltration and soil moisture rates, and thus reduced run-off. On abandoned or virgin lands, especially if desertification occurs the capacity to retain water is much lower and completely lost once the soil is sealed.
Ethical Land is about the ethics of educating the clansman and tribal chieftains by example, moreover by Ethical Land arrangement as guarantor, similarly parcel land out to the Native Subsistence Farmers capable and a worthy tenants.
Market Constraints for the Rural Poor When these subsistance farmers take their harvests to market, there is a glut of produce and a scramble to be the first to reach the market. They are paid by traders just enough above their cost of production to secure supplies for the coming seasons the world over hence farmers remain just above the poverty line and are unable to break out of this cruel environment.
Climate Change and Irrigation Programmes “Climate change will have a significant impact on agriculture in terms of water quantity and quality. This will be exacerbated by increasing demand for food worldwide as population and real incomes within the middle classes also increases in India and China (half the global population) are going to compete on par for better foods” – Sir Gordon Conway, 2009
Over the last two decades, change induced by some notable benevolent organisations have been successful in addressing the global awareness of the existing poverty, and is a subject heading in the right direction. But sadly a few are nothing but actors. It is disguised as buying houses that are backed by fundings from high street multiples offering “fair-returns” to these subsistance farmers, then market these ‘morally licenced’ branded goods who, than charge the ethically minded comsumer ’licenced at a cost’ products that come with loaded premimums to those who are happy to pay the difference.
Globally, agriculture is already dealing with consequences of extreme events such as floods, storms and drought, which might imply excess or scarce water availability and that these events are likely to become more frequent as a result of climate change. For centuries, farmers have controlled the water cycle locally, either through irrigation or drainage. As an integral part of the climate system, the hydrological cycle can be positively influenced by adapted agriculture practices. Solutions allowing greater production using less water are a critical priority. If African agriculture is to deliver social, environmental and economic benefits, access to adequate water supplies is essential from the onset.
But in reality, If you study between the lines, these organisations have paid the small farmers just above market prices in lean times, but failed to pay a similar generosity when prices command high premiums. They are nothing but safety nets that in turn are securing their profits and a continuous flow of produce for the coming seasons.
The Ethical Management Society recognises that improved irrigation technologies and water saving practices will become essential to safeguard agriculture production
They offer nothing in building the farm infrastructure of its members but make a song and dance for having built very basic schools and health clinics in name sake only. Twenty odd years down the line of fair play, these communes still do not have a decent pair shoes if any, on their feet.
Addressing Tenure Land In Africa, one of the first things that strike you, as you move around the sub-continent is how much land seems to be lying fallow. The area could not be described as intensively farmed. Then, of course, the plots of land on which people subsist seem tiny – not much bigger than a generous allotment. Another
Prejudice Hinders Women’s Productivity Globally the rural poor earn very little, but would take the opportunity to own their own land and to control their own destiny; Ethical Land is this opportunity for the rural poor to breakout from the cycle of poverty. When more income is
19 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
available, families, particularly women use it for the health and education of their children and for their household.
Increasing their engagement, and qualitatively, will contribute to achieving the desired transformation in the agricultural sector. Their contribution will be much greater if they have equal access to essential resources and services.
Women are paid less, are denied educational opportunities but are responsible for half of the world’s food production and produce between 60-80% of the food in most developing countries. They sow the seed, weed, apply the fertilizer and pesticides. Once the harvest is in, rural women provide most of the labour for post harvest activities, taking responsibility for storage, handling, processing and marketing but have little access to the benefits of research and innovation.
In many African societies, tradition and laws bar women from owning land. Without lands to serve as collateral, women are cut off from access to credit. And without credit, they often cannot buy essential inputs – such as seeds, tools and fertilizer – or invest in irrigation and land improvements. It is Ethical Land’s policy that the native farmers entering into Ethical Marketing Society will be contractually obliged to pay their wives a percentage of the wages they receive.
In the livestock sector, they feed and milk the large stock, while raising poultry and small stock such as sheep, goats, rabbits and guinea pigs. In spite of all this effort, their husbands take the income gained, leaving them with no control over the spending.
Exit strategy
If they got more income, they will exit the traditional hand-held hoe and embrace tractors. Rural farming with hand-held hoes and sickles still accounts for 75% of Africa’s food production and an estimated 90% of farmers use only hand tools and human labour to work their lands. Animal draught power and tractors are used on only 8% and 2% respectively of the cultivated land. More income will ensure that they don’t walk to the market but rather buy bicycles or pick-up vans to enable them to transport their produce to the market, or access farm input centers’.
The Ethical Investor is free to sell their investment at any time in the following:
Education will make them more informed of better markets for their products and how to add value to them. In spite of their massive contribution to agriculture and food security in subSaharan Africa, women are continually overlooked in agricultural development. Women’s engagement in agricultural science, technology and innovation systems in Africa is low.
Ethical Land is addressing the full payback of your entire capital within 16 months and is free to sell at any time after this period. Ethical Land buy-back scheme will pay the market price of the land in the Developed Farm investment at that particular time. The Investor is free to sell or transfer their investment to any third party of their choice with nil restrictions during the full term of the lease. Any Ethical Land subsidiary shareholding derived from the infrastructure related expansion plans, will be linked to the landholding and therefore may NOT be sold or held separately under any circumstances.
“Price Freeze” Ethical Land Reservation Ethical Land values the investor at the inception of the project and further offers to reserve allocations of land up to a further 4 acres for every 1 acre investment for a nominal deposit of £100/acre. Ethical Land will freeze the present offer of free land for an investment of £2,500 per acre, in the Ethical Demonstration Farms allowing clients 5 years to develop and build their portfolio with EthicalLand.
The deposit is fully refundable at any time during the term of 5 years. This offer is applicable until, 30th April 2012
20 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Ethical Franchise Farms Ethical Land welcomes global partnerships with experienced farmers, or the entrepreneurial investor, to invest in the agricultural infrastructure set up only, and managed with a handson approach for their development and expansion in their own field of expertise in agriculture, dairy, poultry, animal husbandry or any reasonable use of the land will be considered therein:
The land for cultivation/development will be provided FREE, on 99 years leasehold. Land plots allocation will be located adjacent to or within the vicinity of Ethical Land’s own secure developments within local communes for the sake of personal security and their assets. A 50:50 profit sharing with Ethical Land Holdings SA Provisions to re-coup their seed capital investment from 100% of farm profits. Full support of the overall Ethical management and infrastructure expertise. Ethical® Marketing Society will further award one (1) single share per one (1) acre of land in cultivation, to the Ethical Franchise Farmer.
Similarly, all Ethical Land’s portion of profits generated from these Franchise Farms will be utilised for the development of native farming communes in the ratio of 9:1 acres. The profits from these developments will over a short period also benefit the franchisee by handsome dividends from the Ethical Marketing Society profiting from the entire food cycle. In return Ethical Land will require the farm franchisee to adhere to the following policies, duly agreed upon underwritten official contracts tailored to meet their diversity: The farm franchisee would undertake to:
Obtain membership within Ethical Marketing Society for the marketing and the sale of their farm production within reason Pay a fixed rent of £150 per acre per annum for the first 5 years, thereafter any increments will be linked to local inflation index Provide and finance new or second-hand plant and equipment as per your own specifications and requirements. Employ and engage the natives subsistence farmers, to train them in modern agricultural techniques and know how as per the Ethical mandate Cultivate only organic and sustainable crops Provide a decent wage and housing for local farmhands and their immediate families Develop plots sizes from 1 acre upwards to an unlimited size, which they will be required to develop within a strict period of 5 years Bear all legal and related costs towards registration of land title documentation for both parties. To pay a one off payment to Ethical Holdings (PVT) Limited for their marketing, set up and administration expenses of £100 per acre
Ethical Skill Support Experienced farmers with little or no funds to invest will also be given an opportunity to join Ethical Land Programme – where there is a will – The Ethical team will endeavour to find a way.
21 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Business development for One Bio Africa Bio-Fuels are a focus of the African economy since they create significant amounts of jobs, reduce the oil bill and also reduce the world’s pollution and global warming. In the DRC there is an ample local supply of plant oils that may be refined thereby saving the country the foreign exchange for fuel imports and providing a source of income to many farmers. In addition to these existing “Traditional” vegetable oils, EthicalLand is presently negotiating the exclusive distribution within the DR Congo of a very interesting Hybrid Tobacco Plant that has been adapted to produce a high seeds yield, can produce a substantial quantity of oil that is suited for Bio-Diesel; and the production starts after only 4 months from planting, requires little effort for maintenance other than weeding throughout the life of the plant. Tests to verify the effective yields of the tobacco plant in the specific conditions of the DR Congo will start shortly and if they confirm the positive expectations a wide scale production could start in one year’s time. This is an additional important source of income for the project. EthicalLand in conjunction with IT’AFRICA srl has partnerships with the best experts in Brazil, US and Italy in the Biodiesel area. Our Brazilian partners are partners with the world patent holder of Biodiesel (Prof. Expedito Patente), have experienced professionals (up to 25 years experience) in building and operating Bio-ethanol factories and the necessary sugar cane plantation. The Ethanol production costs are lower than the production costs of gasoline. In Brazil, the average production costs are around 0, 20 us $ per litter, and the production costs in Congo can be even lower, since the labour and land costs are lower. In parallel to both Bio-fuels, we will develop generation of electricity from biomass, for inhabited areas, that can’t be reached by the electric grid. A 25,000 hectare ethanol unit can produce up to 90 MW. Both Bio-fuels and “Biomass Electricity” are very interesting products, essential for the development, but more "capital intensive" and, therefore, to start, we will concentrate on the simple production of food.
22 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247
Management team Ethical Land (UK) Limited Mr. Scott Staker Mr. Kaushik Amlani Ceprodev sprl Team H.E. Dieudonne Kasongo Kabila, Chairman, CEO, Mr. Kaushik Amlani, Group Operations Director Mr. Bruno Nkulu, Councilor at Ministry of Industry, Head of Mission Chief Sunza – Director Head of Co Operatives Mr. Kitenge Tambwe – Director Ceprodev UK Limited Mr. Kaushik Amlani Ethical Demonstration Farms Limited H.E. Dieudonne Kasongo Kabila, Chairman, CEO, Mr. Kaushik Amlani, Group Operations Director Mr. Bruno Nkulu, Councilor at Ministry of Industry, Head of Mission Chief Sunza – Director Head of Co Operatives Mr. Kitenge Tambwe – Director Mr. Andrew Fernandez- Director Head of IT Mr. Vinod Patel – Director Mr. Tanveer Ali – Marketing Director Mr. Kishore Kotecha- Logistics Director The Agriculture Team Dr Ather-ur-Zaman, Director – Native Support Programme Mr. Shaheen Anwar, Director of Agronomy Dr Chitsung Sukasame – Thailand Bio King LR. Marcel Kapambwe Nyombo, Conseiller Charge de L’Agriculture – Cabinet du Ministre LR. Gustav Cuma, Conseil Charge de la Pache Mr. Bart Cornelisse, Netherlands Crop Marketing University of Kinshasa Prof. Luyindula Ndiku Sebastein, Directeur Scientifique Prof. Vincent Lukanda Mwamba, Commissaire a L’Energie Atomique
23 EthicalLand (UK) Ltd. 1 Berkeley Street, LONDON W1D 8DJ. Company Registration No: 07433247