Matuba Farm, Emvest’s land fund in Limpopo/ Chokwe, Gaza Province, Mozambique

<div class="horipane"><div class="title active">Description</div><div class="content"><table class="table"><tbody><tr><td class="fld"></td><td class="columns">UK private equity firm Emergent Asset Management launched an African Agricultural Land Fund in 2007, and has since acquired at least 100,000 ha in South Africa, Zambia, Mozambique, Swaziland and Zimbabwe. Emergent and Grainvest, a subsidiary of the South African agribusiness company RusselStone, entered into a joint venture to set up the company EmVest to operate the African Agricultural Land Fund (Agriland). In 2011, following the separation of the owners of Emergent, EmVest became an independent company, but governance of the two corporations remains convoluted. EmVest claims it controls 2,000 ha in Mozambique where it produces jatropha and 1,500-ha of disputed land in the Chokwe District (Matuba) for irrigated crops. The jatropha plantation has 560 ha planted and 800 cleared, and as of 2011, 760 ha was under production in Matuba for irrigated crops. EmVest has the right to utilize unlimited water from the canal for their irrigation needs. The land claims are unclear: disputing sources claim either 1,000 or 2,000 ha in Chokwe, and the company claims good relations with residents but the Oakland Institute quotes residents claiming only 1,000 ha belong to the company and they need the other 1,000 for their livelihoods. In 2013 Vanderbilt University in the USA divested $26 million from EmVest under pressure from the student body after the company was named in the 2011 Oakland Institute study on land grabs in Africa. <br/><br/></td></tr></tbody></table></div></div><div class="horipane"><div class="title active">Basic Data</div><div class="content"><table class="table"><tbody><tr><td class="fld">Name</td><td>Matuba Farm, Emvest’s land fund in Limpopo/ Chokwe, Gaza Province, Mozambique</td></tr><tr><td class="fld">Country</td><td><a href="/country/mozambique">Mozambique</a></td></tr><tr><td class="fld">Province</td><td>Gaza province</td></tr><tr><td class="fld">Site</td><td>Chokwe district</td></tr><tr><td class="fld">Accuracy of Location</td><td>MEDIUM regional level</td></tr></tbody></table></div></div><div class="horipane"><div class="title active">Source of Conflict</div><div class="content"><table class="table"><tbody><tr><td class="fld">Type of Conflict (1st level)</td><td>Biomass and Land Conflicts (Forests, Agriculture and Livestock Management)</td></tr><tr><td class="fld">Type of Conflict (2nd level)</td><td>Land acquisition conflicts<br /> Agro-fuels and biomass energy plants<br /> Intensive food production (monoculture and livestock)</td></tr><tr><td class="fld">Specific Commodities</td><td><a href='/commodity/corn-maize'>Corn/Maize</a><br /><a href='/commodity/jatropha'>Jatropha</a><br /></td></tr></tbody></table></div></div><div class="horipane"><div class="title active">Project Details and Actors</div><div class="content"><table class="table"><tbody><tr><td class="fld">Project Details</td><td class="columns">Details of the project are unclear. EmVest's website details the project to be 1,000 ha, but claims it intends to double the size (to 2000 ha) in the 'second phase', of which no documentation was found. The lease is for 50 years, but according to the agreement in 2009 the majority of the investment is to be completed by 2011 (2 years). The concessions are entitled to unlimited access to water from the Limpopo River. <br/><br/></td></tr><tr><td class="fld">Project Area (in hectares)</td><td>2000</td></tr><tr><td class="fld">Level of Investment (in USD)</td><td>5,200,000</td></tr><tr><td class="fld">Type of Population</td><td>Rural</td></tr><tr><td class="fld">Start Date</td><td>2011</td></tr><tr><td class="fld">Company Names or State Enterprises</td><td><a href='/company/emvest-asset-management'>Emvest Asset Management</a><br /><a href='/company/emergent-asset-management'>Emergent Asset Management</a> - <small> Murrin)</small><br /><a href='/company/russell-stone-group'>Russell Stone Group</a> from <a href='/country-of-company/south-africa'><small>South Africa</small></a><br /><a href='/company/subsidiary'>Subsidiary</a> from <a href='/country-of-company/south-africa'><small>South Africa</small></a> - <small> Grainvest (South Africa) </small><br /><a href='/company/tlg-capital'>TLG Capital</a> from <a href='/country-of-company/united-kingdom'><small>United Kingdom</small></a><br /><a href='/company/exotix'>Exotix</a><br /><a href='/company/the-african-agricultural-land-fund'>African Agricultural Land Fund</a><br /><a href='/company/emvest-limpopo'>Emvest Limpopo</a><br /><a href='/company/deulco-emvest'>Deulco Emvest</a></td></tr><tr><td class="fld">Environmental justice organisations and other supporters</td><td>Oakland Institute, www.oaklandinstitute.org</td></tr></tbody></table></div></div><div class="horipane"><div class="title active">The Conflict and the Mobilization</div><div class="content"><table class="table"><tbody><tr><td class="fld">Intensity of Conflict (at highest level)</td><td>LOW (some local organising)</td></tr><tr><td class="fld">When did the mobilization begin</td><td>In REACTION to the implementation (during construction or operation)</td></tr><tr><td class="fld">Groups Mobilizing</td><td>Farmers<br /> International ejos<br /> University students</td></tr><tr><td class="fld">Forms of Mobilization</td><td>Creation of alternative reports/knowledge<br /> Involvement of national and international NGOs<br /> Media based activism/alternative media<br /> Shareholder/financial activism.</td></tr></tbody></table></div></div><div class="horipane"><div class="title active">Outcome</div><div class="content"><table class="table"><tbody><tr><td class="fld">Project Status</td><td>In operation</td></tr><tr><td class="fld">Pathways for conflict outcome / response</td><td>Disinvestment from the company</td></tr><tr><td class="fld">Do you consider this as a success?</td><td>No</td></tr><tr><td class="fld">Why? Explain briefly.</td><td>The project continues.</td></tr></tbody></table></div></div><div class="horipane"><div class="title active">Sources and Materials</div><div class="content"><table class="table"><tbody><tr><td class="fld">References</td><td><table><tr><td><p> Oakland Institute, 2011, 'Understanding Land Investment Deals in Africa: Mozambique'<br/><a class="refanch small" href="http://www.oaklandinstitute.org/sites/oaklandinstitute.org/files/OI_country_report_mozambique_0.pdf" target="_blank">[click to view]</a></p></td></tr><tr><td><p> Oakland Institute, 2011, 'Understanding Land Investment Deals in Africa: Emvest Asset Management in Matuba, Mozambique<br/><a class="refanch small" href="http://www.oaklandinstitute.org/sites/oaklandinstitute.org/files/OI_Emvest_Brief.pdf" target="_blank">[click to view]</a></p></td></tr><tr><td><p> Oakland Institute, 2011, 'Deciphering Emergent's Investments in Africa'<br/><a class="refanch small" href="http://www.oaklandinstitute.org/sites/oaklandinstitute.org/files/OI_EAM_Brief_1.pdf" target="_blank">[click to view]</a></p></td></tr></table></td></tr><tr><td class="fld">Links</td><td><table><tr><td><p> <a class="refanch small" href="http://www.emvest.com/Limpopo.html" target="_blank">[click to view]</a></p></td></tr><tr><td><p> (English)[1]_0.pdf<br/><a class="refanch small" href="http://www.oaklandinstitute.org/sites/oaklandinstitute.org/files/Emvest_Limpopo_CPI_Authorization_" target="_blank">[click to view]</a></p></td></tr><tr><td><p> Oakland Institute, 'Tennessee students win divestment fight'<br/><a class="refanch small" href="http://media.oaklandinstitute.org/vanderbilt-out-africa" target="_blank">[click to view]</a></p></td></tr><tr><td><p> Reuters, 'African Agricultural Finance under the spotlight'<br/><a class="refanch small" href="http://blogs.reuters.com/africanews/2010/08/24/african-agricultural-finance-under-the-spotlight/" target="_blank">[click to view]</a></p></td></tr><tr><td><p> EmVest, 'EmVest Limpopo – Mozambique'<br/></p></td></tr><tr><td><p> Repbublic of Mozambique, 'EmVest Limpopo Project (Matuba Farm)<br/></p></td></tr></table></td></tr><tr><td class="fld">Media Links</td><td><table><tr><td><p> , 2013, 'EmVest CEO Susan Payne makes case for Africa farmland'<br/><a class="refanch small" href="farmlandgrab.org" target="_blank">[click to view]</a></p></td></tr><tr><td><p> Oakland Institute, 'Emergent Asset Management ltd'<br/><a class="refanch small" href="http://www.youtube.com/watch?feature=player_embedded&v=Mxezx2P47Xs" target="_blank">[click to view]</a></p></td></tr><tr><td><p> <a class="refanch small" href="http://farmlandgrab.org/post/view/22254" target="_blank">[click to view]</a></p></td></tr></table></td></tr><tr><td class="fld">Other Comments</td><td>The largest employment sector created is for security, with 36 jobs. Only 17 permanent and 85 seasonal positions were created. </td></tr></tbody></table></div></div><div class="horipane"><div class="title active">Meta Information</div><div class="content"><table class="table"><tbody><tr><td class="fld">Contributor</td><td>Aliza Tuttle</td></tr><tr><td class="fld">Last update</td><td>08/04/2014</td></tr></tbody></table></div></div>
Comments