ZAMBIA – A new factory worth US$10million has been officially inaugurated by Aller Aqua as part of the company’s plan to invest in the aquaculture industry sector in Zambia. The factory, with a capacity of 50,000 tonnes per annum, was established as a joint venture with Oakfield Holdings Limited where Aller Aqua has an off-take agreement with Yalelo Limited, the the producers of tilapia, based in the country. Yalelo plans growth of 50% per annum according to its CEO, Bryan McCoy. “It will be a proud day when we inaugurate…
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