1,045 hectares planted in Drâa-Tafilalet, Morocco · 96,475 date palms — 71% Medjool, the rest Boufeggous, Aguellid and Barhi · 373,660 olive trees · 20,574 almond trees
FY2025 actual, from the statutory accounts. FY2026 in progress. Forecast thereafter. US$ thousands unless stated.
Planted today
1,045 ha
two estates, 1,200 ha leased
Date palms
96,475
71% Medjool · 4 varieties
Oldest blocks
2021–22
first commercial crop 2026–27
Date volume at maturity
10,708 t
from 8,373 t in 2034
Cost to grow
$0.80/kg
$8,200/ha blended
1 · What exists today
Both estates are fully planted and in the ground. DTT was leased in 2018 and DTA in 2019, both on 39-year agricultural leases of public land. The palms went in during 2021–23. The first commercial Medjool crop is being picked at DTA now and arrives at DTT next season. Everything shown is planted inventory, not a development plan.
DTT — Desert Timber Tafilalet
600 ha leased 2018 · dates, olives and almonds · we are the owners
Planted area524 ha
Dates / olives / almonds274 / 201 / 49 ha
Date palms (of which Medjool)33,321 (26,070)
Olive trees — super-high-density373,660
Almond trees20,574
Planting density122 palms / ha
Irrigation / energy100% drip · 266 kWc solar
DTA — Desert Timber Africa
600 ha leased 2019 · dates only, organic certified · we built and operate it
Planted area521 ha
Dates521 ha
Date palms (of which Medjool)63,154 (42,192)
Certificationorganic
Planting density121 palms / ha
Water20 wells, secured rights
Our roledeveloper and operator
DTT — planting schedule
Age shown at today, August 2026.
Variety
Palms
Planted
First crop
Age now
Medjool
11,894
2022
2027
4
Medjool
4,657
2022
2027
4
Medjool
9,881
2028
2031
to plant
BFG & AGH
7,365
2022
2027
4
Total
33,797
DTA — planting schedule
Planted a year ahead of DTT and further up the curve.
Variety
Palms
Planted
First crop
Age now
Medjool
7,796
2021
2026
5
Medjool
26,642
2022
2027
4
Medjool
8,478
2023
2029
3
BFG & AGH
7,274
2022
2027
4
BFG & AGH
5,981
2022
2028
4
Barhi
4,972
2021
2026
5
Barhi
1,648
2022
2027
4
Other
1,009
2022
2028
4
Other
432
2023
2028
3
Total
64,232
1b · Variety mix — it is not only Medjool
Three products, not one. Medjool is 71% of the palms and 67% of the volume, but 83% of the revenue — it is the value, not the whole crop. Boufeggous and Aguellid are 21% of the palms: a local semi-dry date for the domestic and regional market at around $3 per kilo. Barhi is 7% of the palms at DTA but yields 160 kg per palm, the highest here, and can be sold fresh on the bunch as khalal. Beyond dates, DTT also carries 373,660 super-high-density olive trees and 20,574 almond trees.
Group — DTT and DTA at maturity
Volume, price and revenue at FY2034, the first year both estates are fully mature.
Variety
Palms
% palms
Tonnes
% volume
$/kg
% revenue
Medjool
68,262
71%
5,597
67%
$7.77
83%
BFG & AGH
20,275
21%
1,622
19%
$2.99
9%
Barhi
6,492
7%
1,039
12%
$3.58
7%
Other
1,446
1%
116
1%
$2.99
1%
Total
96,475
100%
8,373
100%
$6.25
100%
Volume by variety (tonnes)
Stacked, both estates combined.
DTT — we are the owners
26,070 Medjool and 7,237 Boufeggous & Aguellid on 274 ha of dates.
Variety
Palms
% palms
Tonnes
% volume
$/kg
% revenue
Medjool
26,070
78%
1,807
76%
$7.77
89%
BFG & AGH
7,237
22%
579
24%
$2.99
11%
Other
14
0%
1
0%
$3.00
0%
Total
33,321
100%
2,387
100%
$6.60
100%
DTA — we developed it and we operate it
42,192 Medjool, 13,038 Boufeggous & Aguellid and 6,492 Barhi on 521 ha.
Variety
Palms
% palms
Tonnes
% volume
$/kg
% revenue
Medjool
42,192
67%
3,790
63%
$7.77
80%
BFG & AGH
13,038
21%
1,043
17%
$2.99
9%
Barhi
6,492
10%
1,039
17%
$3.58
10%
Other
1,432
2%
115
2%
$2.99
1%
Total
63,154
100%
5,986
100%
$6.12
100%
2 · Maturity and yield
Yield per palm
Kilogrammes of Medjool per palm. The dip at DTT in 2031 is the new offshoot block entering the count.
Date volume by estate (tonnes)
DTA is roughly 2.5x DTT at maturity.
Tonnes per hectare
Land productivity as the orchard matures.
Yield curve by tree age
Kilogrammes per palm by year of age. Full bearing at roughly twelve years.
3 · The cost of growing dates
This is where we are strong. Cost per palm and per hectare are within a few percent between the two estates — the same husbandry, the same inputs, the same team. Cost per kilogramme differs only because DTA yields more per palm.
DTT — FY2034 cost of growing dates
2,387 t from 33,321 palms on 274 ha
$k
$/ha
$/palm
$/kg
Fertiliser
1,091
3,980
32.74
0.457
Crop protection
44
160
1.32
0.018
Raw materials
32
117
0.96
0.013
Other direct
23
85
0.70
0.010
Seasonal labour
169
616
5.06
0.071
In-field transport
444
1,619
13.32
0.186
Electricity & fuel
335
1,223
10.06
0.140
Total growing cost
2,138
7,800
64.17
0.896
DTA — FY2034 cost of growing dates
5,986 t from 63,154 palms on 521 ha
$k
$/ha
$/palm
$/kg
Fertiliser
2,068
3,971
32.74
0.345
Crop protection
83
160
1.32
0.014
Raw materials
61
117
0.96
0.010
Other direct
44
85
0.70
0.007
Seasonal labour
762
1,463
12.07
0.127
In-field transport
666
1,279
10.54
0.111
Electricity & fuel
869
1,669
13.76
0.145
Total growing cost
4,553
8,743
72.10
0.761
Cost per hectare over time
Largely fixed once planted — the operating leverage.
Cost per kilogramme over time
Falls as the same input cost is spread over a rising crop.
4 · Result
Revenue and EBITDA — DTT
$k
Revenue and EBITDA — DTA
$k
FY2034
DTT
DTA
Combined
Planted hectares
524
521
1,045
Date volume (t)
2,387
5,986
8,373
Yield per palm (kg)
71.6
94.8
86.8
Growing cost ($/kg)
0.896
0.761
0.799
Growing cost ($/ha)
7,800
8,743
Revenue ($k)
18,045
36,610
54,655
EBITDA ($k)
8,850
20,558
29,408
EBITDA per hectare ($)
16,883
39,475
28,142
5 · DTA — operated, not for sale
We developed DTA for its owners and we run it. Every hectare, every palm and every irrigation line was specified and installed by our team, and the cost data above comes from operating it. It is not on the table as an acquisition — but its fruit is.
What DTA brings
Without any capital outlay.
Date volume at maturity7,151 t
Medjool palms42,192
Certificationorganic
Routelong-term offtake
Capital requirednone
Combined fruit available
What a packing operation would handle.
DTT dates at maturity3,557 t
DTA dates at maturity7,151 t
Third-party fruit in the regionavailable
Fruit needing a home10,708 t +
Acquisition of DTAan option, not a requirement
6 · Packing — the question for you
We are farmers, not packers. There is no packing house today — it has to be built. We have the land, the permits and the fruit. You have the packing, grading and marketing expertise. Rather than present a detailed design we would not defend, here is the position and the question.
The fruit that needs handling
Tonnes of dates from the two estates.
Indicative first phase
Our order of magnitude, for you to challenge.
Capacity contemplated5,000 – 8,000 t
Crop reaches 5,000 t2032
Crop reaches 8,000 t2034
Gross capital cost$15 – 25m
Capital subsidy on a new facilityup to 30%
Net of subsidy$10.5 – 17.5m
Full cost to pack~$0.65 / kg
Indicative only. Not quoted, designed or phased; no supplier approached.
What we bring
Secured and in place today.
Land for the facilitysecured
Permitsin place
Own and offtake fruit at maturity10,708 t
Capital subsidy eligibilityup to 30%
Labour and energy costmaterially below Israel
Regional third-party fruitavailable
Why the scale needs DTA
The arithmetic that sizes the plant.
DTT dates at maturity3,557 t
DTA dates at maturity7,151 t
Together10,708 t
DTT alone would never fill 5,000 tpeaks at 3,557 t
A facility at this scale only works with DTA fruit alongside DTT's. That is the purpose of the offtake, and it requires no capital.
The questions we would put to you. What should a 5,000 to 8,000 tonne facility actually cost, and would you build it in one step or in phases as the crop ramps? What packing and marketing margin is realistic on Moroccan Medjool into your channels? And is there more value in packing our fruit alone, or in aggregating the region's?
Fruit above the first phase. The combined crop passes 8,000 t in 2034 and reaches 10,708 t by 2040. Whether that is met by a second phase or packed externally is deliberately left open — it is a question for the partner who knows the economics.