Australian company United Exports announced a 5-year investment of R1.3 billion ($84million) in South Africa’s agriculture sector.
The money will mainly be put in the company's local supply chain, which includes several blueberries, grapes, pear, pome fruit, and citrus producers.
United Exports says the operation is expected to create 8,400 new jobs, particularly in rural areas, in addition to the 10,000 already supported in production, packaging, and export operations.
South Africa is the largest fruit exporter in southern Africa. The diversity of the country's climate allows it to grow a wide range of fruits, including subtropical fruits (pineapple, mango, avocado), exotic fruits (strawberry, raspberry, blueberry, melon), deciduous fruits (grape, apple, pear, peach, nectarine, kiwi, plum) and citrus fruits (lemon, orange, grapefruit).
Espoir Olodo
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Mobile phones have become essential tools for work, education, payments and staying connected across...
MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...
ECOWAS reviews 2025 agricultural projects at Lomé meeting Around 20 programs assessed to set 2026 priorities Food insecurity affects nearly...
Togo tax-to-GDP ratio at 13.1%, below regional 20% target New 2027–2029 budget framework aims to improve fiscal planning Government seeks...
Equity Bank proposes smartphone financing to boost digital adoption in DRC Low ownership persists, with only 8% of population using...
Lifezone Metals raises $25 million for African minerals projects Funds support Kabanga, Musongati exploration and US recycling...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...