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SA’s SFM Africa to start sugar project and open luxury lodges in Gabon

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Joburg-based SFM, which focuses on sustainable forest projects, plans to spend about $190m on a sugar project in the central African country

An aerial view of the Gabonese forest. Picture: AGEOS/ AFP

SFM Africa, a Johannesburg-based company that focuses on sustainable forest projects, plans to open a luxury safari lodge in Gabon in 2020 and spend about $190m on a sugar project in the central African country, said Alan Bernstein, SFM’s chair and CEO. The company has an 892,000ha land and marine concession in southern Gabon known, as Grande Mayumba.

“Gabon is the last refuge of all the species in the Congo Basin,” said Bernstein, who is also a founder of Conservation Corp Africa, a sustainable lodge company with camps on three continents known as & Beyond. “The question we asked ourselves was: could we deliver an experience for the Africa safari scene? The conclusion that we drew was absolutely, emphatically yes.”

Gabon has about 50,000 forest elephants and 25,000 lowland gorillas, according to the environment ministry. The government has set aside a fifth of the country’s land mass for conservation, probably eyeing the success of other African nations. Rwanda, which hosts a few hundred mountain gorillas, earns more than $300m a year from tourism.

 

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