Sponsor diligence completed
The Mwenezi final-draft feasibility study records completed sponsor diligence and technical validation.

03 / AGRICULTURE
A broader agricultural story: irrigated crops, bamboo, renewable feedstock and food processing across Africa.
Explore the story ↓WHAT WE HAVE TO BUILD ON
The agriculture programme brings together four distinct opportunities: the Mwenezi lucerne platform in Zimbabwe; the Hola bamboo proposal in Kenya; Tana River’s Napier-to-CBG concept; and DZF La Félicité’s proposed wheat-and-pasta complex in Benin.
They combine land, water, agronomy, processing and market access. Their sponsors, development stages and funding requirements differ, so each is presented on its own terms.
Design and proposal figures; not a combined ALFA-owned land or production total.

MWENEZI / ZIMBABWE
Stellar Mundi’s Mwenezi feasibility study describes a 4,250-hectare landholding and a 2,200-hectare irrigated lucerne design, with 45 centre pivots and an irrigation strategy connected to the Manyuchi Dam.
The proposed platform integrates cultivation, harvesting, processing, storage and export-market development. The study identifies a US$32.5 million-plus platform budget comprising a US$27.5 million agricultural programme and US$5 million in working capital.
The budget is a project estimate. Financing tables have differing scopes and should be reconciled before a final investment case.
WHAT HAS BEEN ACHIEVED
The Mwenezi final-draft feasibility study records completed sponsor diligence and technical validation.
The same study records stakeholder engagement and institutional consultations, with progression toward lender appraisal.
DZF’s proposal describes an established, multi-year wheat-flour and pasta importing and distribution business in Benin.
Mwenezi remains ahead of financial close. DZF’s existing trading activity is separate from its proposed manufacturing plant.

HOLA / KENYA
The Hola concept connects bamboo cultivation with biomass processing, pellets and biochar in a staged land-development programme.
THE BAMBOO PROPOSAL
The 5,000-hectare Hola proposal sets out a three-year establishment schedule: 1,000 hectares in year one, 1,500 more in year two and 2,500 more in year three.
The Hola proposal describes promoter-owned land and an indicative US$50 million capital programme for cultivation and downstream processing. Production estimates depend on establishment, mature yields and the final operating design.
Cumulative establishment schedule proposed in the Hola deck. Land rights and project structures require their own verification.

TANA RIVER / KENYA
The Tana River concept proposes 5,000 hectares of Napier grass as dedicated feedstock for compressed biogas. The model links cultivation and harvesting to anaerobic digestion, gas upgrading, compression and distribution.
Digestate could return nutrients to agricultural use. The next stage is technical validation: soils and water, agronomic yields, methane testing, plant configuration and credible gas offtake.
Follow the energy pathway
DZF LA FÉLICITÉ / BENIN
DZF describes an established wheat-flour and pasta importing and distribution business. Its next ambition is local manufacturing: an integrated agro-industrial complex in Cotonou, with land proposed as the local sponsor’s contribution.
The funding proposal combines €9.94 million of turnkey capital expenditure and €3 million of working capital, excluding the contributed land. Pasta capacity is approximately 24 tonnes per day only on a 24-hour operating assumption.
The proposal names Sarveshwar Foods as a prospective strategic counterparty and HP Handling for engineering. Investment, engineering and financing arrangements remain subject to agreement.
FROM FARM TO MARKET
Match crop selection to water, soils, agronomy and long-term land access.
Integrate irrigation, storage, processing and appropriate energy systems.
Develop opportunities in feed, food processing, biomass and agricultural inputs.
Build offtake relationships, quality systems, logistics and regional distribution.
WHERE WE’RE HEADED
A sequence of delivery milestones. Timing depends on project readiness, agreements and approvals.
Confirm land rights, water availability, agronomy, environmental requirements and sponsor capability.
Agree offtake, processing design, budgets and project-specific financing.
Use staged establishment, pilot production and commissioning to test key assumptions.
Grow acreage and processing capacity against measured operating performance and market demand.
Sources: Stellar Mundi Mwenezi Lucerne Feasibility Study, final draft dated 25 August 2026; Hola Bamboo 5,000-hectare presentation; Tana River 5,000-hectare Napier CBG concept; DZF Wheat & Pasta Project Summary. Project capacities are planned, not operating output. Sponsor land and operations are not presented as assets already owned by ALFA.
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