USAID supports Zambian agribusiness enterprises, Zimbabwe formulates animal health regulations in partnership with FAO

SOUTHERN AFRICA – Zambia has received an additional US$3.9m support from the United States Agency for International Development (USAID), to support small and medium sized agribusiness enterprises. In the two months since Zambia’s August 12 presidential election, USAID has programmed approximately US$30 million in new U.S. Government funding for the Zambian people. The additional funds will help grow small and medium enterprises, particularly those that are women-led, with a focus on strengthening job creation and revenue growth. Meanwhile, key stakeholders in the Zimbabwe livestock sector from both the public and…

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Zambia to register bumper corn harvest in 2021/22 increasing export volumes to 700,000 tons

ZAMBIA – Zambia’s production of its single most important crop, corn, is set to reach an all-time high record in the Marketing Year (MY) 2021/22 reaching 3.6 million tons. The bumper harvest follows its production of 3.4 million tons in 2020/21 and 2 million tons in 2019/20. The steady rise in production is attributed to increase area put under production and productivity courtesy of availability and adoption of improved production technologies like higher-potential hybrid seeds and fertilizer. However, the cultivation of genetically engineered corn is still prohibited in the country.…

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Team Europe partners with Zanaco to launch US$34m agriculture investment initiative in Zambia

ZAMBIA – Smallholder farmers and rural cooperatives across Zambia are set to benefit from a new €30 million (US$34m) initiative launched by Zambia National Commercial Bank (Zanaco) in partnership with Team Europe, aimed to accelerate agricultural investment in the country. The new initiative is geared towards improve agricultural productivity, upgrade agricultural processing, and support a sector severely impacted by COVID-19 challenges and is supported by a best-practice assistance program. This will be achieved through increasing access to finance, support job creation and enhance agricultural productivity. This represents the first targeted…

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Illovo Sugar undertakes top leadership changes at its subsidiaries in Zambia, Eswatini

ZAMBIA – Zambia Sugar, subsidiary of pan-African sugarcane grower and sugar producer, Illovo Sugar Africa has appointed Oswald Magwenzi as its new Managing Director. Oswald joins the company from Ubombo Sugar Limited, Illovo Sugar’s operating unit in Eswatini, bringing a wealth of knowledge to this role including a track record of business performance excellence and value-proposition innovation. He has served as MD for Ubombo Sugar since 2013, but started his career in the sugar industry in 1998. Oswald has general management and operational experience as well as development finance experience…

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Zambian potato producing giant Buya Bamba invests US$7m in new frozen chips processing factory

ZAMBIA – Zambia’s leading potato producer, Buya Bamba has vertically expanded its operations with an investment of US$7 million in a new processing factory for production of frozen chips. The company specializes in supply of superior seeds, growing, harvesting, cleaning, sizing and packaging, as well as, the storage of fresh potatoes to provide the Zambian customers with a dependable source of local produce on a year-round basis. The new facility located in Lusaka has been under construction for the past three years and is set for commissioning, reports Zambia Business…

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Zambia’s leading grains, snacks processor Seba Foods clinches US$4m financing to boost production

ZAMBIA – Seba Foods Zambia Limited, subsidiary of Zambia-based Two Six Zero Brands Africa has received a US$4m senior loan facility from AATIF to enable it maximize output from its recently installed processing plant. Seba Foods which undertakes processing and distribution of a wide range of products made from maize and soybeans, will utilize the finance to purchase raw materials from local smallholder farmers in the country. The company’s product range include textured soy as a meat alternative, powdered/instant drinks, corn soya blend (porridge), as well as snacks – a…

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Zambia sources for alternative corn markets following bumper harvest registered in the country, neighbouring nations

ZAMBIA – Zambia’s production of its single most important crop, corn, is set to reach an all-time high record in the Marketing Year (MY) 2021/22 reaching 3.6 million tons. The bumper harvest follows its production of 3.4 million tons in 2020/21 and 2 million tons in 2019/20. The steady rise in production is attributed to increase area put under production and productivity courtesy of availability and adoption of improved production technologies like higher-potential hybrid seeds and fertilizer. However, the cultivation of genetically engineered corn is still prohibited in the country.…

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FAO promotes growth of Southern Africa’s poultry industry through dissemination of sustainable farming practices

SOUTHERN AFRICA – The Food and Agriculture Organization of the United Nations (FAO) has received financial support from the Fleming Fund of the United Kingdom and the MARS Global Food Safety Center to undertake a capacity building program targeting poultry farmers in Zambia and Zimbabwe. The online course launched through its Virtual Leaning Centre for Southern Africa (SFS-VLC) is aimed to strengthen the capacity of farmer field school (FFS) facilitators and master trainers in the Southern African countries to prepare and run quality poultry-focused FFS. A total of 47 participants…

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Zambian Breweries advocates for transparency, multi-sectoral approach to curb illicit alcohol trade

ZAMBIA – The Illicit alcohol trade has been rampant across the globe at the expense of the legitimate alcohol manufacturers who contribute not only to the exchequer but also create thousands of job opportunities. Other than looking at the economic implications of the illicit trade, consumers health’s are at a risk as the illicit market continues to predominantly supply smuggled beverages that often lack proper certification from standards agencies. According to the recently launched EY Economic Impact Analysis report by Zambian Breweries, the illegitimated trade has grown at such a…

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Zambeef offers lucrative prices to Zambian pig farmers to boost production, pork supply

ZAMBIA – Zambian Integrated cold chain food products and agribusiness company Zambeef, has of last year doubled the price it pays local pig farmers, in a bid to boost home-grown production and encourage more participation in the sector. This is also to keep pace with the continued consumer demand of pork, in the midst of a drop in pig supply due to outbreaks of swine fever. The sector has also been wallowing in the impacts of the drought experienced in 2019/20, which has pushed feed ingredient prices up and the…

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