Galana Kulallu Food Security administration has been transferred from Twiga Foods Limited to Selu Limited, a business created to plan, organise, and carry out the project.
Selu is a Special Purpose Vehicle comprised of several businesses, including AgCo, a leader in precision agriculture technology with headquarters in the United States, and Campos, a farm management firm managing over 600,000 acres of farmland throughout Latin America.
Twiga Foods Managing Director Peter Njonjo noted that the company believes Selu Limited is the best fit to manage the project's next stage.
“This strategic move marks a significant step towards maximising the impact of Galana Kulalu and accelerating its positive impact on the Kenyan agricultural landscape,” Njonjo said.
The development phase for Selu, which spans 500 acres, is presently underway. It aims to produce more than nine metric tonnes per hectare, or 4.5 times the typical output in Kenya.
Did you read this?
While the global average yield of maize is between 5 and 6 metric tonnes per hectare, Kenya's average production is approximately two metric tonnes per hectare.
The Galana Kulalu farm produced roughly 7.2 metric tonnes per hectare in earlier tests.
“We are delighted to be entrusted with the responsibility of developing the Galana-Kulalu farm project, which will be Kenya’s most significant maize producer,” said Yvonne Okafor, managing the development phase at Selu.
“We are committed to implementing innovative strategies and leveraging state-of-the-art infrastructure to optimize efficiency and productivity,” he added.
Selu is a Special Purpose Vehicle comprising several companies, such as Campos, a farm management company overseeing over 600,000 acres of farmland in Latin America, and AgCo, a United States-based global leader in precision agriculture technology.