Feronia is the largest farming and oil palm plantation company in the DRC
A compelling investment opportunity
The Democratic Republic of Congo has the potential to become one of the world’s key producers across a large number of agricultural commodities. It has the climate, water, and scale to accomplish this. Yet it currently imports over $1 billion in agricultural commodities per annum, at major cost to the populace. The DRC population is also predicted to grow from 70 million to approximately 130 million over the next 20 years, with an attendant rise in the import bill.
There is a an enormous opportunity to displace these expensive imports and transform the country into a net exporter of agricultural products.
Why invest?
Feronia has a 100-year legacy in the DRC though its acquisition of the historic PHC Plantations, which was once one of the largest palm oil producers in the world. With the investment of capital, energy and world-class science and expertise, Feronia is in a prime position to not only return to but surpass this former prominence.
It is one of central Africa’s largest agri-businesses, and the largest agricultural operator in the DRC - the country with the greatest untapped agronomic potential in the entire world.
Feronia is ideally position with the capital resources, management depth, and vast high-quality land position required to implement large-scale projects and fulfill the Congo’s potential as an agricultural super-power.
Highlights:
Unique Palm Oil plantations opportunity with a successful operating history
- 107,892 ha concession in DRC with 15,000 ha in operation and an additional 45,000 ha available for planting
- Established in 1911 by Unilever plc
- A workforce of approximately 4,000
- Opportunity to grow with less capital expenditures than competitors and largely financed by cash-flows from existing operations
Proven, experienced world-class management team
- Over 150 years of agricultural business and operational experience globally
- Considerable experience with large agri-businesses in the DRC
- Successful track record of plantation turnarounds across Africa and Asia
Clear path to revenue and EBITDA growth
- Substantial revenue and EBITDA growth potential, possible through minimum CAPEX and process improvements
- Significant growth through re-establishment of proper planting and lifecycle management
- Additional acreage available to expand size of current palm plantations