MIPA/CIMA Mauritius Annual Seminar 22 August 2014 Regional integration: Creating value One of the most integrated and sustainable cane-cluster in Africa Projects in line with Strategy Projects in line with strategy • Export our cane eco-industrial cluster model to Africa: Sugar and energy project in Kenya – KISCOL Exploring opportunities in Ghana - sugar and energy • Increase production of renewable energy: Joint venture with Mecamidi to develop hydro-electrical plants in East Africa – Rwanda, Uganda, Kenya • Vertical integration – tap into value addition in Africa: Developing synergies with The Real Good Food plc bringing high value added products and brands in Africa Kenya – Advantages and Opportunities • Stable government • Matured economy compared to other Eastern African countries • Rising middle-income population • Good financing network • Sugar deficit of about 200,000 tonnes The Project Set up of a farm, sugar mill and power generation plant in Kwale • Nucleus farm 5,500 ha • Outgrowers 4,000 ha • Sugar Factory 3,000 TCD • Power generation plant 18 Mw • Strategic local partner – Pabari Group Hydro-electric Projects in Africa Small Hydro-electric Projects in Africa JV – Omnicane/Mecamidi Hydro-electric Projects being explored • Small hydro electric projects across east Africa • Uganda – 1 project - 8.5 Mwh • Rwanda – 3 projects - 6.5 Mwh • Kenya – 3 projects - 15 Mwh East African countries – Advantages and Opportunities • Countries are business friendly – existence of DTAs • Significant energy requirements • Attractive financing schemes available for clean energy • Improving infrastructure • Mauritian government backing (eg: equity participation in some projects) • Language Challenges in Africa • Some countries are land-locked • Connectivity • Financing • Talents • Cultural differences – business and social • Health issues? • Security/Terrorism Bringing value added products and brands in Africa The Real Good Food plc Omnicane – Real Good Foods Limited UK • RGFL owns the largest independent non-refining distributor of sugar in Europe • The company is also the supplier of bakery ingredients and a manufacturer of sweet bakery products for a range of major retail customers • Its brands includes: Strategic Positioning • Sugar value addition strategy • A strategic alliance with a sugar partner in the EU market to partner Omnicane in marketing sugar in Africa • Benefit from synergies for a win-win situation