Born in South Africa, Mr. Roger Horak, an Australian national based in Australia, is the founder and ultimate owner of the Company.                                            

IFC, together with a syndication bank intends to provide a €14 million long-term loan package to support the Project.                                         

The Company manages its farms that are located in the Western Cape, Gauteng and Limpopo provinces in South Africa as well as in Zambia.                                                 

The Company’s governance was assessed at adequate                                                    

 This is a Category B project according to IFC’s 2012 Environmental and Social Sustainability Policy. The Project is expected to generate limited and site-specific E&S risks and impacts that can be avoided or mitigated by adhering to generally recognized performance standards, guidelines, or design criteria. The key E&S risks and impacts include (i) those associated with new farm development, specifically having sustainable water supplies, and that any new infrastructure that is required to fully operationalize existing or new farms is designed and built in accordance with applicable regulation and does not significantly impact other water users; (ii) labor and working conditions of the large permanent and temporary / seasonal work force continues to be managed in compliance with South African laws and regulations and IFC PS2 requirements; (iii) security measures are undertaken in compliance with relevant requirements of the PS and law/regulation, and; (iv) for those farms located in areas of biodiversity importance (e.g. Alliance for Zero Extinction) do not expand farming operations or convert land beyond their long established border.