Will I incur any additional fees for the ongoing maintenance of the plantation?

 Although there is a cost for continuous maintenance of the plantation, you won’t be required to pay any extra fees. This is covered in the 30% deduction from the revenue realized after sales of the produce.

How often would I get updates on the project?

You will get updates on the project weekly, bi-weekly, monthly and in some cases quarterly; depending on the amount of work being done on the project per time.

Every year, you will get an annual project report that shows what was done on the project during the year including financials that show expenses and revenues when harvesting and sales commence.

How long will it take for the palm trees to start fruiting?

It takes about 2 years for the F1 Tenera to start fruiting, however, for proper harvest, we estimate a 3-year period for proper fruiting and commercial activities to begin.

How long will it take for me to start earning?

Since it takes 2-3 years for the seedlings to start fruiting and for commercial activities to begin, you should start earning in the 4th year.

What are the risks involved and how do you intend to mitigate them?


Government Risk: Policy and Regulatory Changes

 Mitigating Policy and Regulatory Changes

•  Due Diligence: We’ve conducted thorough due diligence on the land, ensuring it’s free from government encumbrances and covered by a registered title (C of O). This provides a strong legal foundation for our project
• Proactive Engagement: We’ll maintain open communication with government officials to stay updated on industry regulations and proactively address any potential challenges
•  Adaptability: We’re committed to adapting our strategies as needed to ensure compliance with evolving regulations and maintain project viability.


Security Risk: Possible Theft and Vandalism Mitigating Theft and Vandalism

• Robust Security Measures: We’re implementing comprehensive security measures, including fencing, surveillance systems, and trained security personnel to deter theft and vandalism
• Community Engagement: Collaborating with local law enforcement agencies ensures a swift response to any security incidents. Additionally, we’re creating job opportunities for members of the host community, fostering a sense of ownership and reducing the likelihood of criminal activities
•  Community Development: Our commitment to community development initiatives further strengthens our relationship with local residents, reducing the risk of security threats and fostering a supportive environment.


Environmental Risk: Natural Disasters and Crop Diseases

 Mitigation Strategies

•  Soil Assessment: Prior to plantation development, we conducted thorough soil tests to ensure the land’s suitability for oil palm cultivation, minimizing the risk of crop failure due to soil incompatibility
• Disease Prevention: Regular monitoring and preventive measures will be implemented to safeguard our plantation from diseases that could affect crop growth and yield
•  Environmental Impact Assessments: Continuous environmental impact assessments will help us identify potential risks and implement appropriate mitigation strategies
•  Drainage and Erosion Control: To mitigate the effects of floods and erosion, we will install drainage systems and implement erosion control measures where necessary
• Water Infrastructure: We have plans to establish our own water infrastructure to ensure a reliable water supply, particularly during dry seasons or droughts.


Community Risk: Fostering Collaboration and Avoiding Land Disputes

 Mitigating Land Disputes: 

We understand the importance of building strong relationships with local communities. To minimize the risk of land disputes, we have conducted thorough due diligence on the property, verifying both the title and ownership within the community.


Proactive Engagement: We’re taking the initiative to build positive relationships with community leaders, fostering open communication and trust. To further strengthen these ties, we’ve created a dedicated community liaison role. This individual will be the primary point of contact, addressing any concerns and ensuring a collaborative and mutually beneficial relationship with the local community.

with the local community.

Market Risk: Price Fluctuations

 Mitigating Market Risk: Our Approach

While palm oil is our primary focus, we’re taking a strategic approach to diversify our income and manage market risk.

Product Diversification:

•   Beyond palm oil, we’re producing palm kernel oil and palm kernel cake. These products have their own markets and demand, providing a more stable revenue stream.

Premium Pricing Strategies

•  We will work with experts to develop strategies for selling our products at premium prices. This could involve using future contracts in the international market or storing and selling at a premium in the local market.

 Hedging for Stability

•  To protect against currency devaluation and price volatility, we’re implementing hedging strategies. This involves using financial instruments like derivatives or futures contracts to lock in prices and mitigate risks.

Other Risk Mitigation Strategies^

• Regular Risk Assessments: We will conduct thorough assessments to identify potential threats and develop targeted solutions
•  Insurance Protection: We will secure comprehensive insurance coverage to safeguard our investment against unforeseen risks
•  Contingency Planning: We will develop detailed plans to address potential challenges and ensure project continuity
• Continuous Monitoring: We will continuously monitor the project’s progress and evaluate the effectiveness of our mitigation measures
• Building Relationships: We will foster strong relationships with government agencies, local communities, and other stakeholders to address challenges collaboratively.

With these measures in place, we’re confident in our ability to navigate potential risks and ensure a successful and sustainable project.

If I decide to pull out of the project, do I get a refund?

Where the Purchaser decides to opt out of the Agreement/Project, after the fulfilment of the payment obligation, a refund, upon approval, shall be made as follows

•  If the request to opt out is made within 3 months from the date of the first payment and before cultivation starts, a refund shall be made with less than 40% of the total amount paid at the point of refund which serves as administrative fees.
• If the request to opt out is made after cultivation starts, the purchaser shall not be eligible for a primary refund. A secondary refund shall only be processed upon the sale of the land to a new buyer, also subject to a deduction of 40% of the total amount paid at the point of refund as administrative fees.


Approved refunds shall be processed and made payable within 90 days from the date of the refund request, provided there is an availability of an off-taker. For further details, please refer to the Contract of Sale.

Can I do whatever I want to do on my land?

You have full ownership of your land upon completion of payment and allocation. However, Palm City is specifically designed for oil palm cultivation, therefore, other uses for the land would not align with the project’s intended purpose.

If I don’t want to be a part of the oil palm project, can I decide to build anything on my land? 



Palm City is specifically designed for the purpose of cultivating and producing oil palm. As a landowner within Palm City, you are required to participate in the oil palm project and the land cannot be used for any other purpose whilst the project is ongoing. In the event that the land is not used for this purpose, you are allowed to use your land for any purpose you desire.

Can I change my land to residential use at any point?



Palm City is a long-term project dedicated to oil palm cultivation. During the project, landowners cannot convert their land for other uses. However, if the project ends and a decision is made not to cultivate oil palm anymore, there may be an opportunity to repurpose the land, this will be subject to zoning laws and government regulations.

 If I want to resell my land, do I have to sell to the company or can I sell to anybody?

If you decide to resell your land, firstly, inform the company, who may choose to buy it back or extend the offer to other members of the Palm City community. If neither option is taken, you are free to sell it to any buyer of your choice.

Who will manage the plantation, and can I manage the land by myself?

 While you can always visit your plantation and get progress updates, the entire Palm City will be managed by Xymbolic Development Ltd in collaboration with YieldRise Africa Ltd (Agro Management) and Foreign Integrated Farms (Agro Consultants)