Skip to main content

Melorane Nature Reserve and Ecotourism Development Barokologadi CPA (BCPA)

Investor Login Area - A Deeper Look

Melorane Nature Reserve and Ecotourism Development Barokologadi CPA (BCPA)

KwaZulu-Natal

 

 

Contact Details

 
Name: Amos Setou
Capacity: General Manager
Tel No: 0828017829
 
 

Investment Range Required


R5 Million - R20 Million

Type of Investment Required


Capital Expenditure
Infrastructure Funding
Working Capital

WHAT IS THE NATURE OF CAPITAL INVESTMENT OR SUPPORT REQUIRED?

The funding support required:

Activity  Amount Required
Infrastructure Development (Refer To Business Plan)
Game Purchase  
Equity share in lodges  
Small Business Development  
Training  
Total:  R

INVESTMENT CASE

ORGANIZATION & GOVERNANCE: PLEASE OUTLINE YOUR GOVERNANCE STRUCTURE

The Barokologadi CPA is led by the Executive Committee which comprises:

Chairperson: Mr. Boas Mokgophe
Deputy Chairperson: Mr. Patrick Kgobokoe
Secretary: Ms. Neo Mahabane
Deputy Secretary: Mr. Edwin Mogatusi
Treasurer: Mr. Comfort Setou
Additional Members
(Also serve as village representatives):
Mr. Chris Mogatusi, Mr. Elijah Matshwane, Ms. Letlotlo Mpete, Mr. Kenny Sebuenyane, Mr. Ishmael Hild (Late).

The committee gets elected every 5 years at an elective AGM. The last elective AGM was held on 18 March 2023. The Barokologadi community Chief, Kgosikgolo Thari Maotwe, serves as the ex-officio member of the executive committee.

Different committees like the Business Committee, Village Committees led by the village representatives, and Central Youth Committee, report to the Executive Committee.

In order to run its projects along business lines, BCPA established the Basebo Development Trust, which is a holding entity for the Barokologadi companies to be utilised in managing the main sectors of Barokologadi projects (i.e. Agriculture, Leisure & Tourism, and Wildlife).

       

Melorane Nature Reserve and Ecotourism Development Barokologadi CPA (BCPA)

Submitted by admin on November 18, 2024

PROJECT NAME/ SITE:
Melorane Nature Reserve and Ecotourism Development Barokologadi CPA (BCPA)

--------------------------------------------------------

MAIN CONTACT PERSON: 

Amos Setou

--------------------------------------------------------

PROJECT LOCATION:

Adjacent to Madikwe Game Reserve & Molatedi Dam

PROJECT PARTNERS:

ERP Conservation

--------------------------------------------------------

Investment Range / ROI

R500 000 - R5 Million
ROI - 35% pa

Public or Private Sector

This is a Private Sector Opportunity

Environment & Social Impact

The project’s job creation, poverty alleviation, income generation and economic upliftment imperative will positively to the livelihood of local communities. The envisaged creation of over 180 permanent job opportunities, the empowerment of SMME’s through involvement in supporting services, and the engagement in poverty relief programs, are some of the interventions to improve these livelihoods.

PROJECT STATUS :

  • Brownfield (Early Stage Funding - increase market share and scale) 

MAIN CONTACT DETAILS:

Site Financial Advisors
Name: Amos Setou Name:
Capacity: General Manager Tel No:
Tel No: 0828017829 Email:
Email: amosk.setou@gmail.com  

DESCRIPTION OF THE BIODIVERSITY INVESTMENT OPPORTUNITY
(“Melorane Nature Reserve and Ecotourism Development Barokologadi CPA (BCPA) ”)

Establishment of Game Reserve (About 6 000 ha) adjacent to Madikwe Game Reserve on the northern side and Molatedi dam on the south eastern side. The development also has a future opportunity to be incorporated into the 65 000 ha. Madikwe Game Reserve as well as to be extended westwards into another Barokologadi CPA (BCPA) land. BCPA already owns over 16 000 ha. Within Madikwe Game Reserve. BCPA has leased the Melorane Nature Reserve land to ERP Conservation and as part of the partnership, the project also includes the construction of 80 bed lodges on the property.

WHAT PROBLEM(S) IS THE PROJECT ADDRESSING?

The BCPA’s vision of Poverty Alleviation, Job Creation, Income Generation and Economic Upliftment, can best be achieved through taking advantage of the Barokologadi land’s proximity to the established Madikwe Game Reserve, as well as the opportunity to partner with conservation agencies and private sector, to create tourism products which can attract much needed jobs, small business development and income for the advancement of the poor Barokologadi community.

WHAT IS THE PROPOSED SOLUTION (OR NATURE OF BUSINESS)?

Extension of the protected area through creating a more attractive game and nature viewing area adjacent to both Madikwe and Molatedi Dam as well as covering the additional portion of the Dwarsberg mountains. In addition to this, the establishment of lodges which will cater for both the local and international markets.

WHAT ARE THE BIODIVERSITY AND CONSERVATION PRIORITIES OF THE PROJECT?

  1. Protection of wildlife species: In addition to the existing species on the land which include Impala, Kudu, Blou Wildebeest, Reedbuck, Zebra and Waterbuck, we already imported Rhino and Giraffe onto the area.
  2. Creation of lodge accommodation and wildlife watching for guests wanting to enjoy wildlife experience.
  3. Extension of the protected area in the region. Over 6000 hectares of conservation area is to be added to the 65 000 ha Madikwe Game Reserve.
  4. Instilling conservation awareness among neighbouring communities.

WHAT ARE THE EXPECTED OUTCOMES / IMPACT? (Example: Economic Development, Job Creation, Conservation)

The project is meant to extend the conservation area and further improve the conservation awareness within the Barokologadi community, which occupies 4 villages, as well as over 10 surrounding villages.

It is also meant to create over 200 permanent and 240 temporary job opportunities from within Barokologadi and the surrounding communities.

The project would also boost the local economic empowerment as some of the services required would be rendered by the local small business entities.

Other expected spin-offs include training for the local community members, corporate social investment programmes and poverty alleviation programmes.

WHAT BARRIERS OR CHALLENGES DOES THE PROJECT FACE?

Scarcity of trained people among communities:

Our community is faced with having to source labour for participating in the project, which is trained for specific job opportunities. This unfortunately requires more investment in accelerated empowerment programmes within the communities and such programmes need funding and other resources.

Funding:

In addition to training, funding is also required to boost small business development in the locality. 

Marketing of available products:

While our vicinity to Madikwe will have a positive impact on our access to the markets, the project would still need some vigorous promotion to the broader market given the high competition in the industry.

IS THE PROJECT LOCATED IN A BIODIVERSITY HOTSPOT OR BIODIVERSITY RICH AREA?

Given the proximity to Madikwe Game Reserve, which is big in size and value given the around 30 lodges situated therein, one could consider the project as being located in a biodiversity rich area.

DOES THE PROJECT PROMOTE EXPANSION OF PROTECTED AREAS?

Yes. The project in its current form and size would expand the protected area by about 6 000 ha.

 

IS THE PROJECT GENERATING REVENUE? Y/N

*Please provide Full Financial Projections in the Business Plan*

DOES THE PROJECT SUPPORT COMMUNITIES (YOUNG PEOPLE AND WOMEN)? Y/N

If Yes please elaborate & give examples to support

Since the start of the project over 60 temporary work opportunities were created.  We also have over 20 people who are permanently employed currently. Of these, about 12 are members of the Barokologadi community.

The partnership between BCPA and ERP has also resulted in the following benefits within the communities:

  1. For the past 3 years, BCPA in conjunction with ERP, has been conducting an “End User Computing” learnership program which involved learners (youth of up to 28 years of age) from the 4 Barokologadi villages and other 2 neighbouring villages. Each of the learners has been earning a monthly stipend of R3500 for the 12 months of each program. So far 80 learners have graduated from the program, while 50 learners are currently enrolled.
  2. To further boost the quality of education for our youth, about 43 Maths and Science learners at our high school were supplied with smart phones programmed with study material for Mathematics and Science syllabi.
  3. ERP and its partners have also so far donated over 350 bicycles to learners in the Barokologadi and surrounding villages for easier and timeous access to their respective schools.
  4. As a poverty relief measure, over 2000 food parcels were also donated to needy households during the Covid lockdown period.

 

DOES THE PROJECT PROMOTE SMMES? Y/N

If Yes please elaborate & give examples to support

While the actual project operation is still at its initial stage, the partnership has managed to establish and sponsor a bee keeping and honey production cooperative comprising 13 youth members from the Barokologadi villages. The main purpose of the bee project includes the future protection of big trees from being damaged by elephants and rhinos, as well as honey production for income generation by the cooperative.

The cooperative has recently extracted over 50 kilos of honey and started supplying it to resellers and preparing packaged honey for store shelves.

PROJECT FUNDING OPTIONS  (Mark with an X)

  • Grant
  • Reimbursable grant

CAN THE PROJECT BE SCALED & CAN IT BE COPIED?

Yes

ENVIRONMENTAL IMPACT: (HOW WILL IT IMPROVE THE EXISTING ENVIRONMENTAL CONDITIONS?)

As indicated, the project will expand the current protected area by over 6000 hectares and hence positively impact on conservation. It will also improve conservation and environment protection awareness among the Barokologadi and other surrounding communities.

SOCIAL IMPACT: (HOW WILL IT IMPROVE THE LIVELIHOODS OF LOCAL COMMUNITIES AND MARGINALIZED PEOPLE?)

The project’s job creation, poverty alleviation, income generation and economic upliftment imperative will positively to the livelihood of local communities. The envisaged creation of over 180 permanent job opportunities, the empowerment of SMME’s through involvement in supporting services, and the engagement in poverty relief programs, are some of the interventions to improve these livelihoods.

SUSTAINABILITY: CAN THE PROJECT CONTINUE TO THRIVE POST-INVESTMENT?

The project can definitely continue to thrive post investment given the income generation activities and the partnerships attached to it. It encompasses the establishment of up to 110 beds lodges linked with traversing rights for game-viewing experience as well as boosting of small business activity through the supporting services like cleaning services, maintenance, food supply, laundry services, tour guides, construction, etc.

PROFITABILITY (FOR ENTERPRISES): IS THE BUSINESS MODEL VIABLE?

The success of similar models in many other areas in the country and the structuring of the model around partnerships between communities, private sector and government entities like North West Parks and Tourism Board, will indeed make the model viable.

SUPPORTING DOCUMENTS TO ATTACH

  1. Business Plan (including current financials, employees, business history) and projected cashflows
  2. Company Registration documents

Paving the Way for Fairness: Rooibos Benefit Sharing Agreement

Submitted by emmatnherera on October 26, 2023

In a ground-breaking move towards fairness and respect for indigenous knowledge, South Africa has witnessed a significant milestone. The first industry wide benefit-sharing agreement on traditional knowledge associated with Rooibos, a precious indigenous plant, has been successfully negotiated and concluded between the South African Rooibos Council (SARC), the South African San Council (SASC), and the National Khoisan Council.

Unveiling the Purpose

Biodiversity Economy as a Tool for Economic and Social Development

Submitted by emmatnherera on October 26, 2023

Biodiversity, the variety of life on Earth, is fundamental for our planet's health and resilience. Beyond its ecological significance, biodiversity holds immense economic and social value. The concept of a "Biodiversity Economy" emphasizes utilizing biodiversity sustainably, contributing to economic growth, job creation, poverty alleviation, and social development. 

Harnessing the Potential of African Plant Biodiversity: A Bioprospecting Perspective

Submitted by emmatnherera on September 28, 2023

Africa, often dubbed as the cradle of humanity, also boasts a rich and diverse biodiversity of plants. Within this botanical treasure trove lies immense opportunities for economic and community development through bioprospecting, the exploration of biological resources for valuable compounds. Several remarkable African plants, such as the Baobab, Marula, Sceletium, Buchu, and Honeybush, exemplify the potential of this biodiversity.

Baobab: Nature's Superfood

Harnessing the Potential of African Plant Biodiversity: A Bioprospecting Perspective

Submitted by emmatnherera on September 28, 2023

Africa, often dubbed as the cradle of humanity, also boasts a rich and diverse biodiversity of plants. Within this botanical treasure trove lies immense opportunities for economic and community development through bioprospecting, the exploration of biological resources for valuable compounds. Several remarkable African plants, such as the Baobab, Marula, Sceletium, Buchu, and Honeybush, exemplify the potential of this biodiversity.

Baobab: Nature's Superfood

African BioTrade Festival - 14- 16 September 2023

Submitted by emmatnherera on September 11, 2023

The African Biotrade Festival is an opportunity to witness the growth and market potential of indigenous ingredients and products derived from key biotrade species including Baobab, Marula, Sceletium, Buchu and Honeybush.

 

Subscribe to