Transforming Zambia's agricultural landscape: African Development Bank approves $32 million guarantee for Zambeef's expansion project
Zambia, May 5 -- The African Development Bank Group has approved a Zambian Kwacha-denominated Risk Sharing Credit Guarantee of $32 million to support Zambeef Products Plc's $100 million expansion program across its core operations in Zambia.This strategic investment will significantly improve food security in Zambia and the Southern Africa region by doubling production capacity and improving efficiency across Zambeef's integrated value chains, which span crop production to animal feed, grain processing to flour-based products, and livestock to processed meat.Zambeef, one of Southern Africa's largest integrated cold-chain food producers, will use the funding to optimize existing assets and scale operations. The initiative is expected to sign...
To read the full article or to get the complete feed from this publication, please
Contact Us.