INVESTOR POLICY

The rehabilitation of Coutada 5, and especially the wildlife re-introduction and social development programs, will be an extremely expensive undertaking. To rehabilitate existing protected areas, or as is the case in Coutada 5 starting the development of a ‘new’ protected area virtually from scratch, normally falls within the ambit of a government institution. Such developments are funded by public money. The Republic of Mozambique, whilst acknowledging the urgent need for drastic improvement in the field of nature conservation, unfortunately do not have the fiscal or human resources available to rehabilitate the seriously over-exploited protected areas of the country.

Private enterprises such as Africa Futura Wildlife Restoration Lda will have to play an increasingly important role in this regard. However, no private company can be expected to fund the rehabilitation of an official protected area, whilst still trying to operate at a profit. Sources of income will thus have to be developed as soon as possible, in order for the Company to maintain liquidity and to prevent the venture from a financial collapse.

The Company thus embarked on a system whereby some of the natural resources on offer may be ‘privatised’, thus enlisting the assistance of investors that will ultimately help to carry the financial burden, as well as to ensure the profitability of the respective ventures. In the case of the 22 wildlife blocks that have been approved by the Government of Mozambique, the Company will endeavour to ‘sell’ each of the 22 blocks to an interested investor. The end result will be a huge fenced protected area of 210 000 ha in extent with prime wildlife habitat, and stocked with a wide range of both herbivore and carnivore species, collectively ‘owned’ by 22 different companies.

The same principle will be applied to the establishment of a multiple use zone to the east of the EN1, where the intention is to make a total area of 100 000 ha available for extensive livestock ranching purposes. The number of ‘ranches’ to be made available to investors will be 20 units of 5 000 ha each. Each investor will be expected to develop his own land.

In order to provide security of their investments to the investors, both in the fields of wildlife and livestock, so-called DUATS will be issued by the Government of Mozambique, thus guaranteeing their long-term contractual tenure of the respective tracts of land.’