Australian United Exports to pump $84mln into the South African agriculture sector over the next 5 years
Tuesday, 10 November 2020 16:53
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
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Lome to Host Inaugural Pan-African Banking and Insurance Forum on Oct. 26-27
06:43
-
Morocco’s sugar maker Cosumar diversifies into the food-grade CO₂ market
06:38
-
Africa Mining Exploration 2025: Investment Rises but Gains Are Uneven
06:13
-
Access Bank Cameroon rewards three women entrepreneurs and strengthens its support framework for women
05:24
-
Cameroon's Maritime Registry Faces European Scrutiny Over Russian-Linked Tankers
05:09
-
Cameroon moves to audit Bini à Warak project as government seeks restart
05:06
-
Cameroon cuts cereal import bill in 2025 on lower rice, wheat purchases
05:04
-
Kenya, Thailand step up tech cooperation with business matchmaking initiative
04:52
-
Bank of Africa Plans $116 Million Capital Increase, Dividend Hike
04:49
-
Togo to increase cotton fertilizer purchases by 15% in 2026
19:25
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Cosumar to produce food-grade liquid CO₂ from captured emissions $53 million Casablanca unit targets 20,000 tons annually by 2026 Project aims to...
In 2024, mining companies invested $1.3 billion in exploration across Africa. While that figure increased last year, the gains were uneven across...
Kenya launches initiative linking local and Thai tech firms Nairobi event connects 14 Thai and 50+ Kenyan companies Move aims to boost partnerships,...
Tinubu approves 3.3 billion naira plan to settle power debts 15 plants sign 2.3 billion naira agreements; implementation underway Power shortages...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...