Tukaone Projects Granted Certificate of Incorporation

Tukaone Projects Limited is now officially a Tanzanian Limited Company!

TuKAoNe Projects Limited is a Tanzanian company established to promote economic, agricultural, and educational development in Tanzania.  Walk Around the World is a 49% owner of TuKAoNe Projects Limited.

The Mission and Purpose of TuKAoNe Projects Limited is to promote economic development and create self-sustainable communities through agricultural projects, educational projects, and by offering financial assistance to local businesses.

The first project of the Company is an agricultural project, specifically a rice farm in the area of Wami-Dakawa, Tanzania.

Currently, the Company has just completed Phase 1 of its development plan: 

Phase 1 (Completed Winter 2016-17): Create and register the Company – this phase involved creating, and registering the business, and planning and drafting a business plan.  A Memorandum of Association, Articles of Association, and Registration Certificate from Brella (A registering body in Tanzania) have been prepared, submitted, and approved.  The company business plan has been drafted.  TuKAoNe Projects Ltd. received its Certificate of Incorporation on January 5th, 2017! 

We have already begun work in Phase 2:

Phase 2 (Spring 2017): Purchase and receive title to farm land – the former owner of the land, Mama Sara, has agreed to sell TuKAoNe Projects Ltd. 15 acres of land near the Wami River for 16,500,000 TZS (approximately $8,000).  TuKAoNe Projects entered into a purchase agreement with a down payment of $500 US.

       

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