PROJECT

Projects

Summary of Collaboration or Co-Development Project

Project Number

608420

Sponsor

ZAMBEEF PRODUCTS PLC,ZAMBEEF PRODUCTS PLC

Date SCCP Disclosed

Jun 21, 2024

Country

Zambia

Region

Africa

Last Updated Date

Jun 25, 2024

Industry

Manufacturing

Sector

B-B - Metal Ore Mining

Department

Regional Industry - MAS Africa

Project Description

In order to support the development of a manure-to-biochar pyrolysis plant (the “Plant”) for Zambeef Plc (the “Sponsor”), IFC and the Sponsor will jointly conduct a bankable feasibility study with focus on technical and commercial feasibility of the Plant, through which to facilitate an informative decision on the Plant investment. The Plant aims to utilize livestock manure from the Sponsor’s facilities to produce biochar that can be used internally as an organic fertilizer (or soil additive), bedding for its broiler/breeder operations or sold to generate an additional revenue stream. Building up the finding s of the pre-feasibility study on the Plant, the feasibility study will take the following steps to develop the Project: A. Manure/Feedstock Evaluation B. Analysis on Internal Use of Biochar C. Assess Market for the Sale of Biochar D. Electricity Generation Evaluation E. Technology Assessment F. Carbon Credits Assessment G. High-level E&S Screening H. Cost-benefit Analysis A project of this nature is 100% climate-related. It is potentially a solid solution to offset GHG emissions in the animal protein industry, particularly the beef industry, which has growing negative attention due to the GHG emissions associated with the industry. From July 2024, all IFC investments will need to be 100% Paris-aligned; therefore, projects of this nature can contribute to this objective.

E & S Information

Under this Upstream stage, IFC funding will contribute to a high-level E&S screening to screen for preliminary E&S risks of the proposed Biochar project and any associated facilities that are planned and budgeted. Some of the key risks to be considered at a minimum include E&S capacity of sponsor to effectively manage E&S risk and impacts, supply chain (child labour/forced labour, third party sourcing), occupational health and safety of personnel, effluent management, and animal welfare and husbandry.