Komaza
A Kenya-based smallholder micro-forestry model, supplying seedlings and support to farmers on small plots to grow timber and generate afforestation credits. FMO, an investor in the company since 2020, states that the operating entity Komaza Forestry Limited "is currently under administration as the company is in a bankruptcy scenario", and that it arranged short-term bridge funding "to facilitate an orderly wind-down". FMO dates those entries to November 2023 and February 2024. Whether activity continues on the ground is not established either way by that disclosure.
- Type
- Project developer
- Official website
- komaza.com (opens another site)
Sourced facts
“KFL is currently under administration as the company is in a bankruptcy scenario... Komaza Forestry Limited ('KFL')... short-term bridge funding... USD 1.5m (USD 500k for FMO)... to facilitate an orderly wind-down.”
FMO (Dutch entrepreneurial development bank) (opens another site)
Sources
- Page on its own siteKomaza (opens another site)
Corroborating sources
- FMO (opens another site) project detail, entries dated 27 Nov 2023 and 8 Feb 2024