Dear Intrepid Investor and Adventurist,
In October I escorted an investor and philanthropist to Zambia to see opportunities for investment in conservation minded projects that integrate wildlife and habitat protection with tourism and community development in rural areas by creating incentives to manage natural resources in a sustainable manner, to increase abundance and productivity of natural and human resources, to expand the protected resource area, to identify the economic potential of wildlife, tourism and hunting, and to support and promote local management institutions.
We visited 3 conservancies which are available for sale or require additional investment and management resources. Attached please find a project proposal for Mutinondo Wilderness, a 25,000 acre conservancy with a small lodge and camping facilities which is adjacent to a 19,000 acre community conservancy which adjoins Forest Reserve, Game Management Area and South Luangwa National Park. Mutinondo enjoys a temperate climate located at 5,000 feet in elevation and is comprised of rolling miombo woodlands, small rivers and waterfalls, high granite domes suited for wildlife, mountain biking, hiking, horseback riding and birding. Mutinondo is near South and North Luangwa National Parks, Kasanka National Park and the Bangweulu Wetlands which all offer diverse wildlife, birding and special interest safaris.
The project is secured with a title deed for the 25,000 acres. The adjacent 19,000 acre community conservancy could be managed by Mutinondo with the support of the local people. In the bigger picture, it may be possible to incorporate other adjacent lands into Mutinondo and to develop a cooperative model of stewardship that may help to connect parks and other wildlife areas to reestablish ancient migration routes and make conservation and tourism the primary development tool for the area.
The property and assets are for sale for $2 million (or negotiated price) which is $80 per acre. I estimate an additional $1 to $1.8 million investment in restocking of animals, physical plant, management and marketing over 3 years. In year 4, the operating expenses should be covered by income.
Depending on the purchase price and development costs, I am seeking $2.25 to $3.8 million to purchase and develop Mutinondo. The investor who accompanied me on the trip is available to discuss his interest and commitment to this project.
Large tracts of land in Africa are rarely available, and there has been a rush by investors to acquire large tracts for conservation, tourism, mining, and agriculture. With undeveloped farmland selling for $170 to $700 per acre, the list price of $80 per acre is very attractive.
With support from the local people and their tribal leaders, the Mutinondo will integrate a commercial venture with economic development and community projects. There are many development models that establish common goals to preserve and protect habitat, wildlife, birds, trees and watersheds. Outside funding is available from NGOs, service organizations and charities to promote job creation, education, health, and conservation projects to reverse the unsustainable use of resources.
Wilson, Wyoming 83014