Herakles Capital, through its affiliate, Herakles Farms, LLC is involved in the design and implementation of sustainable agricultural projects, with a focus on sub-Saharan Africa. For example, Herakles Farms, LLC is the General Partner of Herakles Farms, LP, the 100% owner of Herakles Farms Cooperatierf, U.A. (previously known as SG Sustainable Oils Cooperatief, U.A.), which has designed and is developing a commercial-scale sustainable palm oil project on more than 200,000 acres in West and Central Africa. Upon full implementation, the Herakles Farms palm oil investment will be one of the largest commercial palm oil operations in Africa. Although Herakles Farms is not a member of the Roundtable on Sustainable Palm Oil ("RSPO"), the company looks to their Principles & Criteria for guidance on best practices for sustainable palm oil production.
As part of its commitment to social responsibility, Herakles Farms has agreed to subsidize up to 1 million oil palm trees on behalf of the nonprofit, All for Africa, for its Palm Out Poverty Initiative. The trees will be used to fund key social programs throughout the African continent (see www.allforafrica.org for more info).
Herakles Capital believes that large-scale investment provides the most rapid path to job growth in sub-Saharan Africa. It seeks projects that meet growing demand for food and commercial agricultural projects that can be implemented in a sustainable and environmentally benign manner with full support of the local people.News
18 November, 2011 - Herakles Farms Signs Lease for an Additional 650 Hectares (1,606 acres) in Ghana; RSPO Membership Name Change Approved
14 September, 2011 - Herakles Farms Releases Environmental & Social Impact Assessment, Launches Social Infrastructure Program
15 June, 2011 - Herakles Farms Develops Sustainable Palm Oil Plantations in Cameroon & Ghana